Like bank credit, sesame credit can only be applied for loans in the corresponding places when it reaches a certain level.

Sesame Credit is Sesame Credit Management Co., Ltd., a legal and independent credit evaluation and credit management institution. Sesame Credit introduced by Sesame Credit is a social-oriented credit service system. Based on all aspects of information, it uses big data and cloud computing technology to objectively present personal credit status. By connecting various services, everyone can experience the value brought by credit.

Users can borrow with sesame seeds. The higher the sesame credit score, the better the credit degree. The lower the possibility of default, the larger the loan amount will be.

1, users with a sesame credit score of 600 or above have the opportunity to apply for the "flower garden" quota, and can use the "flower garden" to pay when shopping in Tmall and Taobao. Repay on June 10 of the next month after receiving the goods, and there is no handling fee during the period.

2. Users with a sesame credit score of 600 or more have the opportunity to apply for "borrowing". Depending on the score, the loan amount that users can apply for ranges from 1000 yuan to 50,000 yuan. The longest repayment period of "borrowing" is 12 months, and the daily interest rate of the loan is 0.045%.

3. Users with a sesame credit score above 700 have the opportunity to apply for a "good term loan" with a loan amount of 2000- 1 10,000 yuan. The loan term is divided into 3 months, 6 months and 65,438+02 months, and the loan can be repaid at any time, with monthly interest. The repayment method is equal principal and interest.

How many sesame credit points can ants borrow?

Sesame score is more than 600.

Borrowing is a loan service launched by Alipay, and the application threshold is more than 600 points for sesame seeds. The opening of Ant Borrowing Bai is evaluated by Ant Financial according to the comprehensive conditions such as the user's credit and the use of flower Bai. According to different scores, the loan amount that users can apply for ranges from1000-300,000 yuan. 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.

When the user is qualified to use the ant loan, Ant Financial will issue the initial quota to the user. After the user has the qualification to open, he only needs to submit some information to complete the opening of ant borrowing.

Extended data

As an innovative product of consumer finance, Ant Borrowing has developed rapidly with the help of Ali Ecology, and its operational compliance has also attracted much attention. Huang Zhen believes that in order to meet the regulatory requirements and achieve compliance management, Ant Financial recently closed some loan accounts voluntarily. Although users are somewhat surprised, it is reasonable for the platform to do a good job of prevention and control from the perspective of security and risk.

According to public information, ant borrowing is a personal consumption-oriented lending service launched by Chongqing Ant Mall Co., Ltd., a subsidiary of Ant Financial. The product shall bear interest on a daily basis, with the daily interest of 1.5-6/ 10000 and the longest term of 12 months.

Unlike some merchants outside the Tmall, Taobao and Ali systems, the "Flower Garden" under Ant Financial Services can apply without mortgage or guarantee except for filling in basic information, so it is considered as a cash loan product by the market.