If you borrow the same loan product for a long time and your status remains unchanged, the loan amount will generally increase slowly and the loan interest rate will become more and more favorable. However, some people found that the interest actually went up when they made online loans. Why is the interest on online business loans getting higher and higher? This article will analyze the reasons for everyone.

Why is the loan interest rate of online merchants higher?

The loan amount provided by online merchant loans to borrowers is not permanent, and the loan interest rate will fluctuate, which will be dynamically adjusted during the borrower's use, and the interest may decrease or increase, which is a normal phenomenon.

The reasons for the high interest rate of online merchants' loans are as follows:

1. The usage of Alipay account is not good.

If you apply for an online merchant loan directly on Alipay, after the loan is successful, the borrower rarely uses Alipay to pay for consumption, and does not need to spend money or borrow money. Sesame score has been declining, and the system will feel that the borrower's credibility is getting lower and the risk in loans overdue is increasing. In order to control risks, the loan amount will be increased.

2. The borrower's operating conditions have deteriorated.

Online business loans are business loans for small and micro enterprises and individual entrepreneurs. If the business conditions of enterprises or individual merchants deteriorate, such as the sudden drop in the receipt of Alipay QR code or the deterioration of Taobao store sales, it may be judged by the system as insufficient repayment ability, thus increasing the loan interest rate.

3. The borrower's borrowing habit is not good.

If the borrower often repays in advance, it will make the system feel that the loan demand is not strong, the loan profit will drop, the loan interest rate will increase, or the repayment will be overdue, and the loan interest rate will increase.

To sum up, why is the interest on online business loans higher? These are fluctuations after comprehensive evaluation of the system. Borrowers should form a good habit of using Alipay, use payment codes to collect money, and don't overdue repayment.

Why is the interest on online business loans different?

1, the difference in interest of online business loans is mainly due to the applicant's personal credit information. Assets are different from sesame, and the interest of online merchant loans is assessed according to personal assets. Generally speaking, the loan interest of online merchants follows the principle of risk pricing, and the loan interest and expenses are determined according to the comprehensive evaluation of the borrower's credit record, repayment ability and operating conditions. Online business loan is also a credit loan product, and there is no mortgage or guarantee. You need to check the applicant's credit information when applying.

2. in addition. Online business loans will give corresponding loan interest rates according to the situation of operators. If the refund rate is low, the operating condition is good and the repayment ability is good, you can also get a lower loan interest rate. At the same time, the online merchant loan is also Ali's loan after all, because the score of Sesame Credit will also have an impact on the application for related loans. Sesame seed is a high-quality user and can get a lower loan interest rate.

3. The different interest rates of online business loans are mainly due to the different personal qualifications of the applicants. Applicants' comprehensive qualifications will be different, and those with high comprehensive scores can get more favorable interest rates. For applicants whose personal qualifications are not so good, the interest on online business loans that can be applied for will be higher.

How can the daily interest of online business loans be higher than that of one year?

The interest rate of online merchants' loans is getting higher and higher. Because the comprehensive credit score of users drops, the system raises the borrowing rate of online merchants' loans. Every time a user applies for an online merchant loan, the system will evaluate the credit qualification of the user. If the credit qualification status is good, the loan interest rate remains unchanged or decreases, and the credit qualification status becomes worse, then the loan interest rate will increase. When the loan interest rate rises continuously, users can choose to apply for online business loans at intervals, which is conducive to personal credit recovery.

Why is Alipay's online loan interest different? There are these reasons!

At present, there are many personal consumption loan products on the Internet, but commercial loan products like online commercial loans are rare. Therefore, the emergence of online business loans has given many people another way to borrow money. However, some people find that the interest rate of their online business loans is higher than others. Why is Alipay's online loan interest different? Let's get to know each other.

Why is Alipay's online loan interest different?

Reason one: different credit records.

Online business loan is an unsecured and unsecured credit loan product. When applying, you need to check the applicant's credit information. Good credit information shows that the applicant has a low risk level and a strong willingness to repay. Such applicants can naturally get lower interest rates.

Reason 2: The business situation is different.

Online business loans will give corresponding loan interest rates according to the situation of operators. If it is an offline store, Alipay's payment code is often used to collect money, and the number of users who receive the bill is growing steadily, or the online store has high credit, high praise, low refund rate and good operation. This kind of operators have more stable income, better repayment ability and lower loan interest rate.

Reason 3: Sesame is different.

After all, the online business loan is also a loan owned by Ali, because the score of Sesame Credit will also have an impact on the application for related loans. The high score of sesame shows that Alipay's credit service is often used, and personal data is more comprehensive. In this case, the borrower is less likely to be overdue, is a high-quality user, and can get a lower loan interest rate.

Speaking of why Alipay's online loan interest is different, to sum up, there will be differences in comprehensive qualifications. People with high comprehensive scores can get more favorable interest rates, and the interest rates are not fixed. Maintaining good personal credit and accumulating more relevant data may reduce the loan interest rate.