First of all, excuse me. It is reported that Lending Bao is a loan service launched by Alipay, which requires borrowers to complete the real-name registration system, with sesame scores above 600. The longest repayment period 12 months. At present, the interest rate of most people borrowing money is between 0.03% and 0.05% per day. According to the different qualifications of borrowers, the loan amount that can be applied varies from 1000-50000 yuan.
Second, micro-credit loans. Micro-loan is a product launched by Weizhong Bank. The daily interest rate of the loan is 0.05%, which translates into a monthly interest rate of 1.5%, and the annual interest rate is about 18%. It is understood that at present, the credit line of micro-loans to users is between 500 yuan and 300,000 yuan, which varies according to the individual's comprehensive situation. Generally speaking, a single loan can reach 40,000 yuan in 500 yuan.