Borrowing is an online loan service launched by Alipay, and the application threshold is sesame score of 600 or more. According to different scores, the loan amount that users can apply for ranges from 1000-50000 yuan.
As a loan service, interest needs to be calculated. The longest repayment period is 12 months, and the daily loan interest rate is 0.045%. The annual interest rate of 65,438+0,000 yuan is about 92 yuan.
If your Alipay sesame score is above 600, the loan rating that users can apply for ranges from 1000 yuan to 50,000 yuan, which is mainly based on sesame credit score. You can use mobile phone Alipay to check.