Borrowing is a small loan product launched by Alipay. Many people have opened loans and obtained loan quotas, but many borrowers are worried that using loans many times will affect loans. Will repeated use of loans affect loans?

Will using it many times affect the loan?

Whether the repeated use of the loan will affect the loan demand depends on the situation. Under the normal use of the loan, multiple use of the loan will not affect the loan. However, when the loan is used many times, the user has overdue repayment, which affects the credit information, leaving a bad record of overdue repayment in the credit information system, which will affect the loan.

Generally speaking, as long as the loan is not overdue, it will not affect the loan, and at most it will only increase the debt of the loan. But if you are in loans overdue, it will have a great impact on the loan application.