After receiving Jiang Fei’s instructions, the bankers all went back to prepare new loans happily.
In just one day, different banks had launched different credit facilities. Although the rules and interest rates of each bank were different, the general content was similar to what Jiang Fei had said, the only difference was that some banks were relatively conservative. They were not willing to take too much risk. Therefore, they only provided credit to those who had higher credit ratings and more stable income and assets. Moreover, the amount of credit was more cautious.
Some banks were more daring. The credit they introduced was relatively relaxed for the examination of the lenders. Moreover, the amount of credit they lent was also relatively high. However, correspondingly, the interest rates of these banks were also higher, after all, one could not get up early without benefits. The relaxed criteria for the loan audit, which took on greater risks, naturally required higher returns.
