Ant, excuse me. You returned it in 12 months. If you want to pay in advance, that's fine. Pay in advance, and then you don't need interest. You only need to pay part of the interest. Prepayment 12 installment. If the loan is repaid in advance, the interest and principal due in the current period shall be repaid in advance. However, if all of them are settled in advance, the interest will be calculated according to the actual days of use, and the unused days will not generate interest, so early settlement will save interest. But whether paying off in advance can save interest depends on the final repayment amount. When the user applies for a loan, the system will let the user choose the repayment method, and the interest generated by different repayment methods is different.
The harm of using borrowed money
1. Failure to repay on time will affect the loan amount.
It is common sense that loans overdue cannot repay the loan, which I believe many people know. Alipay's loan is different from Huabai's. Hua Bai will not repay the loan for a few days after the deadline, but will receive a reminder message or phone call, which will not be included in the personal credit report immediately. However, borrowing money is directly linked to our personal credit information, that is to say, your every move of borrowing money will be reflected in your personal credit information record. Therefore, the overdue repayment of borrowing money will be reported to the People's Bank of China on the same day of the credit card and registered in your personal credit report. But everyone noticed one word: punctuality. The reason why people pay attention to the word "on time" is because everyone knows that it can't be overdue, but many people don't know that prepayment is not good for themselves. In the view of Ant Financial Credit Review Department, prepayment is also an act of "not repaying at the agreed time". Because the interest on borrowing money is calculated according to the actual borrowing days, you are generally required to choose the repayment time when borrowing money. Although the agreement says that it can be repaid at any time within the agreed time, Alipay will not receive the expected interest if it repays in advance frequently. For Alipay, there is no money to make if such a thing happens frequently for a long time, and naturally it will not increase your quota. Therefore, many people have spent a long time on loans without raising the quota, which may be the reason.
Second, the usage habits of Alipay will affect the borrowing function.
Everyone's habit of using Alipay, if they don't keep good habits, will also affect everyone's borrowing function. Although Alipay has many functions, don't forget that the essence of Alipay is a financial APP, and its main purpose is to make profits. Those convenience functions are set to increase user stickiness. If you rarely pay with Alipay and basically don't buy things on Taobao, then the functions of flower buds and borrowing buds are almost beyond your reach. In other words, if you don't use Alipay often, even if Alipay opens a loan for you in the promotion stage, it will be closed at any time.
Third, frequent use of loans will affect personal credit information.
What many people don't know is that frequent loan repayment will also affect the handling and use of our mortgage, car loan and even bank credit card. Because in the process of handling the agreement, it has been clearly told that if you apply for a loan, the credit information department of Ant Financial will check your personal credit information and reflect the loan record and repayment process on it. If you borrow frequently, the bank will think that you are using online loans to repay your mortgage and car loan, which is a very serious act of dishonesty, and the bank will immediately stop accepting your mortgage and car loan business; If you have already done it, the bank may take back the loan and then let you repay all the loans at one time, which may be unbearable for many people.
Excuse me. Can I pay in full by installment?
Hello, yes. At present, according to the use function of ant borrowing, you can choose to settle a single advance partially or completely, or you can choose to settle multiple advances completely, but multiple partial settlements are not supported. If the amount of prepayment is large, it is recommended to try to repay through the online merchant bank American Express card.
First, ants borrow it.
"Borrowing" is a credit loan service launched by Alipay. According to different sesame scores, users can apply for different loan quotas. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan.
2065438+20081October 9, 65438+2065438, or due to excessive leverage, in violation of the relevant regulatory provisions of the central bank, actively close some user accounts and control the loan balance; 2021165438+1October 8th news, it is reported that the name of Alipay's "loan" has been changed to "credit loan". In this regard, Alipay customer service responded that in order to facilitate you to know more about the actual consumer credit service providers, the consumer credit service provided by financial institutions cooperating with Ant Financial has been updated to "credit loan", and the credit loan page shows the name of the financial institution. After this adjustment, the original services such as borrowing, auditing and repayment will not be affected.
Second, how to calculate the installment interest
Installment interest = total commodity price * installment interest rate * number of installments. The total price of goods is fixed, and the interest rate of installment increases with the increase of installment times. For example, the number of phases of CCB is 3, 6, 12, 18 and 24, and the handling fee rates are 2.60%, 4.20%, 7.20%, 1 1% and 15% respectively.
The so-called installment payment means that the number of installments is selected when paying the transaction, and then the transaction amount is paid in one lump sum with credit products such as credit cards or flower buds, and then the consumption amount and the corresponding installment fee are repaid on time according to the number of installments selected when paying. Generally, installment payment has certain requirements for the transaction amount. For example, China Industrial and Commercial Bank stipulates that a single transaction amount of a credit card must reach 100 RMB or equivalent foreign currency before installment payment can be made. Transactions below 100 yuan naturally cannot be staged. The antonym of installment is bill installment.
The so-called "bill installment" means that after customers use credit products such as credit cards or flower buds to make purchases, they can apply for installment before the repayment date, select a good number of installments, and repay the bill amount in installments. After the bill installment application is successful, it will generally be repaid in installments according to the selected number of installments from next month, and the installment principal and the corresponding installment fee will be repaid every month.
Can I repay the loan in advance by installments?
Ant Borrowing is a consumer credit product provided by Alipay. After successful application, the default repayment period is 12 months. Of course, you can also choose to prepay. You need to calculate how much interest you have to pay to repay in advance, and then calculate the interest according to the number of days you borrowed.
Borrowing and prepayment process: Open Alipay client, click My-Ant Borrowing-Repaying Money-Prepayment, select the amount to be repaid, and click Prepayment. You can choose single settlement in advance, partial settlement or full settlement, or multiple settlement in advance (multiple partial settlement is not supported).
Excuse me. Can I repay the down payment in advance after the installment?
After borrowing, you can return the first issue in advance, and ants can return the first issue in advance.
At present, the longest repayment period of "borrowing" is 12 months, and the daily interest rate of the loan is 0.045%, which can be borrowed or repaid. The amount applied by users can be transferred to Alipay balance, and can be withdrawn by bank card, with daily interest. The daily interest rate of the loan is 0.045%, and the converted annual interest rate is 16.425%.
1, and the full amount is also:
If you don't need to borrow money, or if you have money, you can pay it back in advance and you don't want to waste interest, then you only need to calculate the daily interest, for example, directly use the principal *0.045%* days.
2. Repayment in advance by installment:
If each installment is repaid in advance, it is also calculated on a daily basis. From the date of repayment, there is no need to calculate the interest from the next day to the last repayment date of the period. Then calculate the interest on a daily basis from the first day of the next issue.
Extended data:
Ant Financial Services Group (hereinafter referred to as "Ant Financial Services") started from Alipay and was established in 2004. 20 14 10, Ant Financial was formally established. With the vision of "bringing small and beautiful changes to the world", Ant Financial is committed to building an open ecosystem, helping financial institutions and partners to accelerate their March into "internet plus" and providing inclusive finance services to small and micro enterprises and individual consumers through the "Internet Propeller Plan".
Borrowing money is a loan service launched by Alipay. At present, the application threshold is more than 600 points for sesame seeds. According to different scores, the loan amount that users can apply for ranges from1000-300,000 yuan. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan.
At present, the consumer loans launched by e-commerce giants are mainly aimed at the stages of consumption scenarios of this e-commerce platform. However, with the continuous accumulation of personal credit data, personal credit loans for non-consumption scenarios are also being launched one after another. The following is the actual experience of increasing the quota:
1, deposit the balance treasure or lucky treasure (regularly), and deposit 15000+ money, which can be spent after basically 10, usually at1-10;
2. Download the online merchant bank app on your mobile phone, and then save it in your computer. 10,000+deposits can basically be lent to Bai+online merchant bank for 10,000 consumer loans in one month.