Although the prepayment of online merchant loans will not have any negative impact on credit reporting, it needs to charge a handling fee of 3% of the repayment principal, and may also face a reduction.

1, charge a handling fee.

Online merchants need to charge 3% of the repayment principal for prepayment. In this way, you have to wonder whether the prepayment fee is more or the interest on timely repayment is more. If you don't eat this account, you will lose everything in an instant.

2. The reduced quota or quota is cleared.

You didn't let the online business loan earn interest in advance, and others may not make you feel better. The first thing is to reduce your quota. Since you have enough money, you don't need such a high quota. It is better to give the quota to people who need it more. Some even turn it off and use it directly, but crying is useless.

It will not have a negative impact on the early repayment of online business loans. In fact, prepayment is very beneficial, which proves that borrowers have good financial resources and can guarantee repayment ability. The online merchant loan may give you a lower loan interest rate next time, so prepayment has many advantages.

The interest on online commercial loans is calculated on a daily basis. Early repayment can save a lot of interest, and every time you borrow money, you will have a record. Repayment on time or in advance can increase the credit score, and later borrowing may increase the approval amount, which needs attention.

Individual operators of online business loans are exempt from handling fees for early repayment; However, members of the online commercial loan international station need to charge a 3% handling fee for early repayment after borrowing, and the interest on the repayment date is not calculated (the interest on that day is still 65,438+0 days), so it is necessary to distinguish the loan version when borrowing, so that you can clearly know whether it is necessary to pay the handling fee.

First, the new provisions on prepayment of online merchants' loans:

At present, online commercial loans can be repaid in advance, but different loan products have different repayment policies.

1 Ali Credit Loan

The prepayment fee for Ali Credit Loan is 3% of the prepayment principal, and the interest on the repayment date is not calculated. In addition, Ali credit loan requires everyone to go to the front desk loan management page to repay in advance manually.

2. Tmall Credit Loan

As a fist-class loan product in online business loans, Tmall Credit Loan does not support prepayment in the first three phases, and prepayment after the third phase will charge 2% of prepayment principal. Similarly, Tmall credit loans also require manual repayment.

3. AliExpress loan

AliExpress loan is a product with preferential prepayment policy in online commercial loans. AliExpress loans support borrowers to repay their loans at the time of borrowing, and no handling fees are charged.