But sometimes Wanda loans may have a routine, and if you go in, you may not be able to lend. This is mainly because Wanda loan is a revolving loan, so the amount can generally be recovered after repayment, and it can be borrowed again after recovery. However, if the system evaluation is not up to standard, the recovery quota is not given, and the user has no loanable quota, then it is naturally impossible to borrow again. Therefore, there may be situations where it is no longer possible to borrow and repay.
However, Wanda Loan does not stipulate that it must be paid off in one lump sum before borrowing. You can borrow part of it first and then lend it out.
Everyone needs to pay attention to it. If you want to borrow money successfully, and the amount can be increased during the use period, you must repay it on time to avoid overdue.
Extended data:
"Wanda Loan" is a loan APP launched by Wanda Online Loan Co., Ltd., which mainly provides "mobile loan" services for small and medium-sized enterprises and individual consumers.
Online loan application conditions:
1. Online lending requires applicants to be at least 18 years old and have full capacity for civil conduct. Many online loans are not allowed for students to apply.
2. Sesame credit: Many online loans require authorization of sesame credit, so online loans require applicants to have good sesame credit, but different loan products have different standard requirements for sesame credit scores. The average applicant needs to reach about 500% or 600%.
3. Personal credit: Some online loans need to check credit information, others don't, but generally speaking, the applicant's personal credit is still good.
4. Other conditions: online loans basically require mobile phone numbers and bank cards. Especially for mobile phone numbers, online loans will require applicants to have mobile phone numbers with real-name authentication for 3 months or more.
Of course, different online loan products may have different conditions, and the actual situation is subject to the product page display.
If the online loan is overdue, it will have the following adverse consequences:
1. The penalty interest will be charged from the overdue date until the customer pays it off in full. However, the penalty interest rate of many lending platforms will be higher than the borrowing rate. If the customer has been in arrears, I am afraid there will be a lot of penalty interest. At that time, there will be more and more customers who need to repay, and the repayment pressure will also increase.
2. The loan platform will submit the overdue situation to big data, leaving a bad record in it. However, some platforms or their cooperative lending institutions can access the credit information of the central bank, and may also report the overdue situation to the central bank for credit investigation, leaving bad information in the customer's personal credit information report, thus causing the customer's personal credit to be damaged.
3. I am afraid that the platform system will start risk control on the customer's loan account and freeze the quota, so that the customer can't borrow any more. At the same time, due to credit damage, customers may not be able to borrow from other lending institutions, platforms or banks. After all, the other party will also check the customer's credit status when approving, and once problems are found, they will naturally refuse to approve the loan.