Alipay has its own loan product "Ant Borrowing". Ant Borrowing mainly provides loan services for Alipay's high-quality customers. The loan quota system will help us evaluate that the longest loan term is 12 and the loan interest is about 0.35%. Everyone's loan interest may be different. Let me talk about how Alipay borrows money.

1. First, open Alipay, click "My" below, and you can see what the ants borrowed, and click Enter;

2. After entering the ant loan page, you can see your own loan amount. My loan amount is 22,000 yuan, the daily interest rate is 3.5 yuan, and the interest for 1000 days is 0.35 yuan. The loan interest will be different with different amounts of users, which is not fixed. Click "Go to borrow money".

3. Enter the loan amount, select "How to Use", fill in your own loan purpose, and fill in the required loan term. Because the interest is calculated on a daily basis, it can be repaid in advance without penalty interest and liquidated damages. Select the repayment method and click "Confirm";

4. Enter the payment password and complete the loan. The loan will be directly allocated to the balance of Alipay, which can be used for consumption or withdrawn to the bank card.

In addition, there are other loan platform loans in Alipay's life, such as sesame loans and speed loans, which generally require sesame credit to reach 600 points.

Interest on Alipay's borrowing money

Alipay's interest on borrowing money is not fixed. Interest is charged by the day, and the daily interest rate is around 3.5 million. For users with good credit and good consumption records, the daily interest rate will be lower. For users with low sesame credit score and less use of Alipay, the daily interest rate will be higher. Let me talk about the interest of Alipay borrowing money.

For example, if we loan 9000 yuan in three installments and the daily interest rate of the loan is 3.5, then the daily interest generated by our loan is 9000*0.00035=3. 15 yuan. If we borrow money for one month, we can pay off all the loans at one time, so the interest generated this month is 3. 15*30=94.5.

Borrowing money from Alipay is mainly for emergencies. If you want to borrow money somewhere to live, you'd better give up the idea. If Alipay's loan is overdue, it will generate penalty interest, and it will also affect its own credit.

Which loan platforms have low interest rates and high quotas? Pay attention to WeChat WeChat official account "Kangbo Finance" (ID: youqianlab) and reply "Loan" to get it.