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Is it cost-effective to pay off Alipay online merchant loans in full every month or in installments? How is the interest calculated?
Installment payment Interest is calculated by the automatic system.

1. Open Alipay and click' I'

2. Enter the page, drop down and click on the online commercial loan or loan. The functions of the two are the same. Users will only have one application, not two at the same time, no matter which one can be found in this location;

3. Click on "My Loan"

Step 4 choose repayment

5. Click here to proceed to the next step.

6. Enter the amount you want to repay. This is flexible. You can repay any amount in advance. The interest you need to pay will be calculated automatically below. Click "Confirm Repayment" and enter the password.