1. Interest and fees: During the loan process, certain interest and handling fees may be charged. These expenses may have been deducted from the amount received.
2. Taxes and fees: According to the tax laws of China, personal loans may be subject to interest income tax. Some taxes may have been deducted from the amount received.
3. Overdue penalty: If repayment is made after the repayment deadline, overdue penalty may be generated. Some fines may have been deducted from the amount received.
4. Loan platform service fee: Some loan platforms may charge a certain loan management service fee. Some expenses may have been deducted from the amount received.
5. Bank transfer fee: When funds are transferred to a bank account, the bank may charge a certain transfer fee. Some expenses may have been deducted from the amount received.
To sum up, the reason why the loan amount of micro-loans is less than 10,000 may be that interest, fees, taxes, overdue fines, loan platform service fees and bank transfer fees have been deducted. Please check the details of relevant expenses, and consult the micro-loan or relevant institutions for details.
Extended data:
Micro-loan is a lending product of Ant Financial, which provides micro-loans through online application and review process. Users can get a certain amount of loans according to their own needs and credit evaluation, and repay them on time within the agreed time. The specific fees and conditions may vary according to the region, individual situation and loan platform.