Yes, the loan can be repaid as you borrow it. The longest repayment period of this loan is 12 months, and the daily interest rate of the loan is 0.045%. No matter how many days you borrow it, the interest is charged at 0.045%, so is one day, and so is 12 months.

The specific calculation method is: interest = principal × expected annualized interest rate per day, and total repayment amount = principal+interest: (for example) If you borrow 600 yuan for only 7 days, you have to pay back so much money: 600+600 * 0.045% = 600.27 yuan, and you need to pay interest of 0.27 yuan.

Extended data:

Matters needing attention

1. If you are in loans overdue, you still need to pay a penalty interest, which is generally 0.5 times the normal interest rate of 65438+. The calculation formula of overdue fee is: overdue fee = overdue bill amount (overdue principal+interest) × daily interest rate × 1.5 × overdue days.

2. Repay on time. Borrowing money is the central bank's credit information. If the borrower fails to repay the loan on time, there will be a bad record, which will affect future loans and credit cards; Excuse me. It can only be used for consumption. Loans cannot be used for venture capital such as house purchase and stock trading, and can only be used for consumption purposes such as tourism, shopping and decoration.

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