1. First of all, answer the question briefly: In the case of small loans overdue, the interest is usually calculated on a daily or monthly basis, according to the overdue time and amount.

2. Detailed description:

-Calculation of overdue interest: The overdue interest is usually calculated according to a certain percentage (such as a few ten thousandths) per day or month. The specific proportion may vary according to the terms of the loan contract.

-Calculated by overdue time: overdue interest is calculated by overdue days or months. For example, if the overdue payment is 10 day and the overdue interest rate is 65438+ 0% of the annualized interest rate, the calculation method of overdue interest should be the overdue principal multiplied by 0.0 1/365.

-Calculated by overdue amount: the calculation of overdue interest is also related to overdue amount. Usually, the overdue interest is calculated according to the proportion of overdue principal, that is, the higher the overdue amount, the higher the overdue interest.

3. Summary: In the case of small loans overdue, the interest is usually calculated according to the overdue time and overdue amount, and the interest is usually calculated according to a certain proportion every day or month.

4. Extended information:

-Micro-loan is a micro-loan product launched by Alipay, which is provided to individual users to meet temporary capital needs.

-The calculation method of interest may vary by region and loan contract. For details, please refer to relevant clauses or consult relevant institutions.

-In the process of borrowing, timely repayment is very important. Avoiding overdue repayment can reduce the generation of extra expenses such as interest and maintain a good credit record.

The above is the answer to the calculation of repayment interest of small loans overdue.