The online merchant loan on Alipay is relatively safe and is a lending institution approved by the regulatory authorities. Interest is higher than that of commercial banks, but far lower than that of other online lending institutions. Generally working at 13%- 15%. Other online lending institutions are above 18%. There are risks in neither lending nor lending now.

Is the interest on online business loans high? Is online merchant bank loan reliable?

For many Taobao merchants, online merchant loans and online merchant banks are no strangers. Online merchant bank is an online loan product under Alipay Finance, which specializes in serving individual small and micro business owners. It can apply for a loan by virtue of the sales volume and favorable comments of the store. Is the interest on online business loans high? Is online merchant bank loan reliable?

Is the interest on online business loans high?

The loan interest rate of online business loans is an interval value, and the daily interest rate is between ten thousand (to ten thousand). Interest rate is related to user qualification, loan products, repayment methods and other factors. Online business loans actually include a variety of operating loans, so the interest rates of different products are different. The better the general qualification, the lower the loan interest rate for the same product.

In addition, the repayment methods of online merchant loans include average principal, interest first, and principal later. Different repayment methods will lead to different final interest payments, subject to the page display.

Strictly speaking, the interest of online merchant loans is not high relative to the interest of online loans on the same platform. However, compared with the bank loan interest, it is of course slightly higher.

Is online merchant bank loan reliable?

Online merchant bank is a private bank initiated by Ant Financial, a subsidiary of Alibaba, with the approval of China Banking Regulatory Commission. Private banks operated by the Internet do not set up physical outlets or do cash business. They use the Internet as a platform to deposit small loans, only serve the "long tail", do not make loans of more than 5 million yuan, and do not touch the 20% high-net-worth customer base in the "28 Law".

It mainly provides daily working capital for shopkeepers of Alibaba's major online shopping platforms, including Ali Credit Loan, Taobao/Tmall Credit Loan and AliExpress Loan. The online merchant loan association will give different loan interest rates through comprehensive evaluation according to the usage and operation of each user's account.

The above is the sharing of the related content of "Is the interest rate of online merchants high?". I hope it will help everyone!

Is the loan interest rate of Alipay online merchants high and reliable?

Is the loan interest rate of Alipay online merchants high and reliable?

The daily interest rate of online business loans is between 0.0 15%-0.05%. As for the specific daily interest rate, it will be decided according to the applicant's personal qualifications. The online merchant loan is calculated according to the highest daily interest rate of 0.05%, and its annual interest rate is 18.25%. If the borrower borrows 10000 yuan from the online merchant loan, and the interest of 1 year is 1825 yuan, the interest of the online merchant loan is not too high, but it is still much higher than the bank loan.

In addition, if you want to get a lower daily interest rate, you can use Alipay to pay more and continuously improve your personal credit. More importantly, in the process of using online business loans, we must remember to repay on time and not overdue. If the loan is not repaid on the repayment date, the online merchant loan will be charged at a daily interest rate of 1.5 times, and the overdue record will be uploaded to the credit information system.

Online merchant loan is a loan service of online merchant bank. The online merchant bank is the first internet commercial bank whose core system is based on cloud computing architecture in China, which was initiated by Ant Financial as the major shareholder. This online merchant bank is one of the first pilot private banks in China, initiated by Ant Financial, a subsidiary of Alibaba. Friends who feel that e-commerce is reliable should also feel that online merchant loans are reliable.

What are the basic conditions for online business loan application?

If there is no quota when clicking online merchant loan in Alipay search, it means that the conditions for using online merchant loan are not met for the time being. Please don't lose heart. The system will evaluate it from time to time. Once the access conditions are met, it can be used. I suggest you keep your business status and account status, and pay attention to it at any time.

Online commercial loans can adhere to the following points:

1. Credit: Please be sure to maintain a good credit status, including the good credit record of the People's Bank of China, and repay the loan on time without overdue.

2. Business situation: I suggest you keep good business practices. If it is an offline payment code merchant, you can use Alipay payment code to maintain business stability; If you are an online seller, you need to maintain a good transaction volume, favorable rate and refund rate.

3. Complete information: Perfect the identity information of your Alipay account as much as possible.