With the arrival of the new year, the credit market has also ushered in a wave of "good start". Banks, Internet finance and other institutions have launched various preferential policies to attract customers to make loans and spend. However, over-reliance on credit also comes with certain risks. This article will analyze the characteristics of credit "good start" and how to deal with it.
1.Characteristics of credit "good start".
The characteristics of the "good start" of credit mainly include the following aspects:
a.Preferential policies: Banks, internet finance and other institutions will introduce various preferential policies, such as reducing interest rates and reducing handling fees, to attract customers to borrow and spend.
b.Expansion of loan amounts: During the "good start" period of credit, banks, internet finance and other institutions usually expand the loan amount to meet the consumption needs of customers.
c.Fierce competition: Due to fierce market competition, banks, internet finance and other institutions will increase their marketing efforts and increase the amount of loans issued, resulting in changes in the supply and demand relationship in the credit market.
2.How to deal with the "good start" of credit
In view of the characteristics of the "good start" of credit, the following measures need to be taken to deal with it:
a.Rational consumption: When making loan consumption, you need to be rational and do what you can, and avoid over-reliance on credit, which can lead to debt.
b.Pay attention to interest rate risk: Although banks, Internet finance and other institutions will reduce interest rates during the "good start" period of credit, they need to pay attention to interest rate risk to avoid the impact of future interest rates** on themselves.
c.Choose a formal institution: When choosing a lending institution, you need to choose a formal institution to avoid being deceived.
d.Establish a healthy financial management system: It is necessary to establish a healthy financial management system, plan finances reasonably, and avoid over-reliance on credit.
In short, although the "good start" of credit has brought certain preferential policies and convenience to consumers, it also requires consumers to choose carefully and consume rationally to avoid debt and interest rate risk. At the same time, the establishment of a healthy financial management system is also an important measure to deal with the "good start" of credit.