Traditional Culture Encyclopedia - Photography major - Can Weibo reduce the interest rate by borrowing money and paying it off in advance?
Can Weibo reduce the interest rate by borrowing money and paying it off in advance?
Can't cut interest rates.
According to the loan agreement and service agreement for Weibo to borrow money, any fees, including interest, cannot be reduced or exempted for prepayment. Early repayment can shorten the borrowing time, thus reducing some interest expenses, but Weibo's loan policy clearly states that interest cannot be reduced. Before borrowing money, the borrower should read the relevant agreements carefully to understand the borrowing rules and fees.
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