On the installment page of Alipay, you can see that its loan amount is within 10000 yuan, but you can't find out what its loan interest is. I learned from netizens that Alipay will determine the installment loan interest according to the number of loan periods, and may also charge a certain handling fee.
Netizen A reflected that the total amount of the third installment loan of Alipay is the total cost of the sixth installment loan, that is to say, the installment loan from Alipay is 6,543.8+million yuan, and the number of installments is three, so the interest cost that everyone has to bear is 250 yuan. It can be seen that the annual loan of Alipay in the future is about 10%.
Netizen B reported that he borrowed 3,500 yuan from Alipay, repaid in installments, repaid in six installments, and repaid in RMB every month. In other words, the whole loan process needs to pay RMB interest, and the annualized loan interest rate is roughly ÷3500×2= Judging from the situation reflected by the above two netizens, Alipay's future installment interest is generally above 10%. Compared with other online installment loans, Alipay should be at a medium level.
I want to remind you that in China, the loan interest rate above 36% is illegal usury, so be careful.
Bankruptcy doubt: Will the loan be repaid in installments of 20 19? The reason why the quota was robbed was finally found!