Online business loans cannot be extended. Online merchant loans must be repaid in full and on time as agreed in the contract, and deferred repayment is not supported. If the user really has no repayment ability for the time being, it is suggested that the user can contact and negotiate with the online merchant loan staff in advance to see if he can apply for deferred repayment. If the application is successful, he can repay the loan according to the negotiation result. If not, he can only repay the loan according to the original plan of the contract. Under normal circumstances, the probability of successful application for deferred repayment of online merchants' loans is relatively low.

When signing the loan contract, the online merchant loan clearly stipulates the repayment time in the contract, and the user needs to repay the loan on time according to the contract. If it is overdue, it will not only generate a high penalty interest, but also adversely affect the user's personal credit information and affect the user's future credit loan business. The platform will also arrange staff to collect loans from users, which will affect the daily life of users. Therefore, it is recommended that users must repay on time after handling online business loans.

How many days is the grace period for online business loans?

The online merchant loan official did not give a grace period for repayment, which is different from credit cards, which generally have a grace period of 3 days; Online merchants will collect credit after loans overdue, and there will be penalty interest. The calculation formula of penalty interest is: overdue bill amount (overdue principal plus interest) * interest rate * 1.5* overdue days (not counting the day).

However, many netizens have experienced 1 to 3 days overdue repayment when using online business loans, and the overdue records have not been uploaded to the credit report in the later stage of online business loans. It can be seen from this point that there is still a buffer period for online merchant loans to repay. It is recommended that you do not exceed 3 days.

Online merchant loan Alipay customer loan terms: 1. Alipay self-employed, the company name does not contain keywords, such as franchise stores, offices, branches, etc. ; 2. The applicant must be 18-65 years old and have a good credit record; 3. industrial and commercial registration time: 1 year or above (if there is a pre-credit line, there is no such condition); 4. Other conditions stipulated by the system.

When using online business loans, you must repay them on time. Generally, enough money can be recharged before the repayment date 12. 12, the system will deduct in batches, and the order of deduction will be subject to the payment order set by the user in Alipay APP.

Can the online merchant loan be postponed?

Online commercial loans can be extended through telephone negotiation. If the customer really can't afford it, he can call the online merchant to apply for a loan, call the hotline 95 188, and turn to "3" for consultation.

When applying for extension of negotiation, you should first explain your personal situation to the customer service staff, explain the reasons why you are temporarily unable to repay, and provide relevant information as evidence to actively express your willingness to repay. Then you can try to put forward an application to extend the repayment period and repay the arrears in installments, and the online merchant bank will consider it as appropriate.

Online business loan is an operating loan launched by online merchant banks for small and micro business owners and individual entrepreneurs, which can meet the capital needs of users in the course of business. Online merchant bank is an internet bank initiated by Ant Financial as a major shareholder. Not everyone can apply for online merchant loans. Online merchant loans only provide loan services for shopkeepers of Alibaba's major online shopping platforms, and credit conditions are very important.

Online business loan is not only a credit classification, but also a loan product. The credit classification of online merchant loans includes Ali credit loans, online merchant loans, Taobao/Tmall credit loans and AliExpress loans.

Can online merchant loans be deferred?

Take e-commerce bank version 3.7.2. 1 12502, Apple 13(IOS 15.2 system) and Huawei mate40(HarmonyOS2 system) as examples. E-commerce loans do not support delayed repayment, that is to say, it is impossible to repay one day later, as long as it is overdue, there will be a penalty interest, and

Before the repayment date of 12, the balance of Alipay or Yu 'ebao should be recharged with enough money. After 12, the system will deduct money. Here, users support the use of Alipay-bound savings cards for repayment, and the funds in Yu 'ebao can also be repaid. The specific deduction channel is subject to the page display.

It should be noted here that the balance of Alipay is limited by the repayment amount, which may affect the repayment. At this time, it is necessary to ensure that other deduction channels have sufficient funds to avoid the failure of deduction.

Tips: The deduction order of Alipay balance, bound savings card and Yu 'ebao is subject to the payment order set in the repayment account in Alipay APP.