Sesame credit can be used for loans, but it is mainly used to apply for loan products under Alipay, and it is rarely used to apply for bank loan products. Sesame credit score is mainly used for some third-party lending institutions to authenticate users' flower shops, loan shops, life credit and credit, which is a reference material, but it is not the only reference condition.
Bank loans are mainly about inquiring about the credit information system of the People's Bank of China, not the credit score of Alipay. Unless users are reported to Big Data or the credit information system of the People's Bank of China after Alipay's loans overdue, banks rarely refer to Sesame Credit Score.
How many points can Alipay Sesame Credit borrow?
Sesame credit above 600 can use Alipay loan.
You can apply for the "flower garden" quota for sesame seeds with 600 points or more.
You can open Alipay loan with sesame score above 700.
Users with sesame scores above 700 have the opportunity to apply for Alipay loans, ranging from 2,000 yuan to 1000 yuan. The loan term is divided into 3 months, 6 months, 65,438+0.2 months, which can be repaid at any time with monthly interest. The repayment method is equal principal and interest.
You can apply for "borrowing" if the sesame score is more than 600. Through "borrowing", sesame credit users can apply for personal consumption loans with the corresponding amount of sesame seeds, and the applied amount can be withdrawn to Alipay balance, which is equivalent to obtaining a loan from the bank.
Can sesame credit score be used for loan?
Sesame credit points can lend money,
If your score is above 700, you will have the opportunity to open an Alipay loan with a monthly interest of about 2,000 yuan to 10000 yuan, which can be repaid at any time. The repayment method is divided into equal principal and interest.
If you need a loan to borrow money, you can download the Money Spend APP. The application materials are simple, with the fastest approval in 30 seconds and the fastest loan in 3 minutes. It can be repaid in advance, and the loan can be recycled after repayment. It has the characteristics of simple application, fast loan, flexible loan repayment, transparent interest and expenses, and strong security.
The higher the sesame credit score, the more loans you can apply for. Generally, loans above 550 points are loan products on Alipay, loans in cooperation with Alipay and some online loans that need to look at sesame credit. However, sesame score is only one of the reference factors, and whether the application can be successful depends on comprehensive evaluation.
The following is a brief introduction to several loan openings that need to be seen:
1. It is easier to open a loan if the score of sesame is above 600, but the system will also evaluate whether it is qualified to open according to the borrower's use of Alipay. Users can increase the use frequency of Alipay and maintain good credit reporting. The higher the sesame score, the higher the credit line you can get.
2. Age 18, sesame score above 600 can apply for malt loan, and the overall pass rate is 80%.
3. Zhaolian Good Term Loan This loan service is to find the entrance of sesame credit in Alipay's sesame credit wallet. Click "Credit Life" to see the words Zhaolian Good Term Loan in the financial column. The loan amount is mostly1-30,000.
4. You can apply for a honeycomb wallet with a score of more than 550 points, which is more suitable for college students and office workers, but the loan amount is less than 5,000.
5. Anyi Huaan Yihua is a revolving credit loan product under Instant Consumer Finance, with a maximum loan of 50,000 yuan and a daily interest rate of 0.0483% and a minimum of 0.02%. The loan amount increases with the accumulation of credit records, so it is very important to repay on time. Besides sesame credit score, Anyihua has other requirements, such as good credit reporting, stable job and income source, and low debt ratio.
How to borrow sesame credit
Step 1: Use mobile phone Alipay and log in, and click more as shown in the following figure:
Step 2: You can see micro loans in more cases, and click Enter.
Step 3: See that under my loan, there are projects that meet the conditions of account loan, as shown in the following figure. This account can be loaned with ordinary funds (12 months), and others do not meet the application conditions. Click on the average capital loan (1February) to enter.
Step 4: Average capital loan (12 months) You can see the daily interest rate, repayment period and repayment rules in the detailed introduction. Among them, the repayment rules should be carefully examined, which is related to your interests. If you understand them, click to apply for a loan.
Step 5: Lender information uses Alipay authentication information. If you are prompted to improve, click Improve.
Step 6: Enter the amount and information verification code of your application, and finally click Submit Application. You can usually get a loan if you can apply.
Extended data:
Increase the amount of sesame credit loan
1. Because Sesame Credit belongs to credit and the like, you can use a credit card to repay with Alipay, and it is also important to bind Sesame to a credit card, so if you have a credit card, you must remember to bind it.
2. Alibaba's e-commerce department, Tmall Taobao and other shopping items, shopping categories, return records, and even Ali Wangwang's chat records are all important scoring criteria for Sesame Credit.
Buying things with sesame credit line is also a very important way to increase sesame credit line.
4. At home, it is also the best to pay the gas and water bills with Alipay, because it can also improve your sesame credit.
5. If you have many Alipay friends, your sesame credit can also be added. It is suggested to add all the numbers in our mobile phones as Alipay friends.
6. When using Yu 'ebao and Lucky Treasure, the greater the investment, the more businesses used, the more frequent the frequency and the higher the score.
7. Finally, keep a good personal credit record.