Generally speaking, Alipay can borrow again as long as there is a quota after all repayment. But after you pay off all the money, Alipay will adjust your loan amount according to your credit situation. If your credit is not good at this time, Alipay will reduce your loan amount or close your loan. You can't borrow any more until you have paid it all back.

Extended data:

Ant Financial Services Group started with Alipay and was established in 2004 to provide inclusive finance services for small and micro enterprises and individual consumers.

"Borrowing" is a credit loan service launched by Alipay. According to different sesame scores, users can apply for different loan quotas. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan.

2065438+20081October 9, 65438+2065438, or due to excessive leverage ratio, in violation of the relevant regulatory provisions of the central bank, actively closed some user accounts and controlled the loan balance.

2021165438+1October 8th news, it is reported that the name of Alipay's "loan" has been changed to "credit loan". In this regard, Alipay customer service responded that in order to facilitate you to know more about the actual consumer credit service providers, the consumer credit service provided by financial institutions cooperating with Ant Financial has been updated to "credit loan", and the credit loan page shows the name of the financial institution. After this adjustment, the original services such as borrowing, auditing and repayment will not be affected.

Borrowing is an Alipay loan product. According to the user's sesame score, the loan amount is different. The longest loan period is 12 months, and the daily loan interest rate varies from person to person. The daily interest rate is mostly between 0.03% and 0.045%, which can be repaid by borrowing.

At present, the consumer loans launched by e-commerce giants are mainly aimed at the stages of consumption scenarios of this e-commerce platform. However, with the continuous accumulation of personal credit data, personal credit loans for non-consumption scenarios are also being launched one after another.

202 1, 165438, Alipay's loan was updated as "credit loan", and the loan, review and repayment remained unchanged after the update. In fact, the name change is only to clarify the form of borrowing. According to the official, credit loan is a consumer credit service independently provided by financial institutions cooperating with Ant Financial, which will show the amount and interest rate of consumer credit service providers and users. It is the result of independent examination and approval by financial institutions, and the loan funds applied by users are also issued by financial institutions.

20211news, Lending Bao responded that Lending Bao is gradually promoting brand isolation, and many licensed financial institutions, including Ant Consumer Finance Company, will jointly provide users with micro-consumer credit services.

Future loans will be provided by Ant Consumer Finance Company and become the exclusive brand of Ant Consumer Finance Company. Credit services independently provided by financial institutions such as banks will be displayed on the "Credit Loan" page. In the process of brand isolation, the user's service experience will not be affected, and the core processes such as account opening, audit, interest calculation and loan repayment will not change.