The interest rate of the platform is as follows:

The loan interest of Alipay is calculated on a daily basis. The daily interest rate of each user will be slightly different based on his creditworthiness, loan amount, and loan period. different. Under normal circumstances, the daily interest rate for Alipay borrowing is between 0.015% and 0.06%. The interest rate for Alipay loans is different for everyone. The interest rate for borrowing and repaying at any time is about 4/10,000. The annual interest rate is basically 365 times 0.04% = 14.6%.