I used to be able to borrow money, but why can t I borrow it all of a sudden?

Hello, Borrower will update your limit in real time according to your account situation, and it is recommended that you maintain a good credit history. If you can't use the loan, you can also use Youqianhua, which is the original financial credit service brand (original name: Youqianhua, renamed as "Youqianhua" in June 2018), which has the characteristics of simple application, fast loan, flexible borrowing and repayment, transparent interest and fees, and strong security.

The application materials are simple, the fastest is 30 seconds for approval, and the fastest is 3 minutes for disbursement. Early repayment is possible, and the recovery limit can be revolving after repayment. I hope this is helpful to you, click below on the mobile phone to measure the amount immediately!

The maximum borrowing amount is 200,000.

If you need to apply for a personal loan, it is recommended that you choose a bank channel.

If you have a CMB savings card, you can log in to CMB Mobile Banking and click Home All Loans I want to borrow money Good term loan to try to apply for a small loan.

Loan amount: The minimum is not less than 500 yuan, and the maximum is 200,000 yuan, but the specific amount is subject to the results displayed by the system after your application is approved;

Repayment Method: Equal principal and interest repayment;

Loan term: Support monthly installment;

Why can't I borrow it now.

There are two main situations in which you can't borrow:

The first is that there is no loan limit on the loan page, and it is impossible to submit a loan application without a loan limit;

The second is that there is a loan amount, and the application is not approved after submission, and the user does not pass the review, which is usually caused by not meeting the loan conditions.

Therefore, you can't borrow money, and you must wait for the loan limit on the page to resubmit the loan application.

On January 9, 2018, according to Shanghai TV news, Alipay's small loan product "Ant Borrow" may have voluntarily closed some users due to excessive leverage and violation of relevant regulatory regulations of the central bank to control the loan balance.

In April 2018, when Liang Yiming's credit card limit was reduced by 80,000, he borrowed 60,000 yuan on several large platforms such as Borrow, WeLoan, Paipai Loan, and Wanfan Ping An Puhui. But after giving his wife and children living expenses and a mortgage, the money left over each month is not enough to repay these loans.

On November 7, 2021, according to feedback from netizens, Alipay borrowing has been updated for it"Line of Credit"After the update, borrowing, auditing, and repayment will remain unchanged. The official said that the credit loan is a consumer credit service provided by a financial institution that cooperates with Ant to provide users independently, and the consumer credit service provider will be displayed, and the user's quota and interest rate are the result of the financial institution's independent approval, and the loan funds applied for by the user are also issued by the financial institution.

In November 2021, it was reported that Borbei responded that Borbei is gradually promoting brand isolation, and a number of licensed financial institutions, including Ant Consumer Finance Company, will jointly provide users with small consumer credit services.

In the future, borrowing will be provided by Ant Consumer Finance and will become the exclusive brand of Ant Consumer Finance. Credit services provided independently by banks and other financial institutions will be displayed on the "Credit" page. In the process of brand isolation, the service experience of users will not be affected, and the core processes such as activation, account review, interest calculation, loan and repayment will not change.

Borrow. There are two main situations when you can't borrow, the first is that there is no loan limit on the loan page, and you can't submit a loan application without a loan limit; The second is that there is a loan amount, and the application is not approved after submission, and the user does not pass the review, which is usually caused by not meeting the loan conditions. Therefore, you can't borrow money, and you must wait for the borrowing limit on the page to resubmit the loan application.

Repeated applications for borrowing in a short period of time are not conducive to passing the review, and users can continue to maintain a good credit history and apply again after a period of time.

Extended Materials. "Current Name Credit Loan" is a loan service launched by Alipay, according to Sesame.

Depending on the number, the amount of loan that users can apply for varies from one person to another. The maximum repayment period of the loan is 12 months, and the daily interest rate of the loan is to borrow and repay at any time.

January 9, 2018, or for excessive leverage and violation of the central bank.

Relevant regulatory regulations have taken the initiative to close some users to control the loan balance.

On November 8, 2021, it was reported that the name of Alipay's "borrowing" has been changed to "credit loan". In response, Alipay's customer service said that in order to make it easier for you to have a clearer understanding of the actual consumer credit service provider, the consumer credit service provided by the financial institutions that cooperate with Ant has been updated to "credit loan", and the name of the financial institution is displayed on the credit loan page. After this adjustment, the original borrowing, auditing, repayment and other services will not be affected.

"Borrow" is a loan service launched by Alipay, and the current application threshold is more than 600 sesame points. Depending on the score, users can apply for loans ranging from 1,000-300,000 yuan. The maximum repayment period of the loan is 12 months, and the daily interest rate of the loan is to borrow and repay at any time.

At present, the consumer loans launched by e-commerce giants.

It is mainly for the installment in the consumption scenario of the e-commerce platform, but with the continuous accumulation of personal credit data, it is aimed at personal credit loans in the non-consumption scenario.

It is also being rolled out one after another. Here's the actual experience of raising the quota:

1. Deposit Yue Bao.

Uncle; One of the reasons why I am not optimistic about these Internet companies engaging in finance is that they do not have the experience of receiving users who can't even distinguish between interest and fees.

This part of the business will naturally have an impact on the bank's similar business, after all, the scale of several major Internet giants is there. But not every industry is suitable for the internet. The amount is too low, and the repayment of the principal in installments is a bit of a chicken rib, which is destined to be difficult to replace the position of traditional finance.

1.According to Alipay's latest regulations, if the user has multiple overdue and malicious cash-out behaviors in the process of using Huabei or Borrow, after being detected by the Alipay system, the user's Huabei and Borrower will be forcibly suspended. So, if you find that your IOU shows that you can't borrow money, you can check if you're overdue.

2. As a student, according to the latest national regulations, the microcredit platform shall not provide any lending services to students without financial income. So this year, the borrowing channel has been closed for school students. If a user finds that they can no longer request a loaner, it may be because their information shows that they are enrolled in school.

The reason why you can't borrow money may be that the borrowing limit has been used up. Borrowing is based on your personal credit assessment and historical borrowing history, and if you run out of credit, you can't borrow again. There are overdue or outstanding balances on your debit account, which can affect your credit rating and ability to borrow.

There are abnormal transactions or risky behaviors in the borrowing account, such as false transactions, cash-outs, etc., which will also affect your ability to borrow. Your personal credit assessment is not sufficient to support your Judgment Township borrowing needs. Trapped hall.

If you can only borrow it, it is recommended that the customer quickly check the reason for the answer. This situation is likely to be due to the previous bad behavior, such as overdue, which damaged personal credit, resulting in the borrowing being temporarily frozen by the system, so the customer cannot borrow and can only repay the loan.

Extended information: In addition to borrowing, in fact, micro loans and money to spend are also good loans. WeLoan is a credit product of Tencent WeBank, and Money Spend is a credit service brand of Du Xiaoman Finance (formerly Finance), both of which are big brand loans, with the advantages of reliability and low interest rates, and are trustworthy.

How should we restore the borrowing?

1.Improve personal credit.

Some friends can only repay the money but cannot borrow money because they have recently overdue the loan, or they have been found to have borrowed in violation of regulations. For this type of friend, it is important to pay off the arrears in a timely manner and take a while to rebuild credit.

2.Reduce the current debt ratio.

Many people can only repay the money but cannot borrow because their current debt is too high, for example, in addition to borrowing money, there are many other loans or credit card consumption too much. In this case, it is best to pay off the credit card as soon as possible and pay off part of the loan to reduce your debt ratio.

3.Update your profile.

If everyone's application materials have expired, then there will also be a situation where you can only repay the money but cannot borrow money. At this time, what everyone has to do is to update and improve their Alipay account information in a timely manner.

4.Use Alipay more to spend. Whether it is such as paying water, electricity, gas bills, shopping malls, online shopping, etc., you can use Alipay to pay, the stronger the personal spending power, the stronger the economic strength, and the good economic strength will help you to open the loan.

5.Deposit a portion of the funds into Yue Bao. Borrowing is a credit loan product, and only users with the ability to repay can have the opportunity to open a loan, so putting a part of the funds in Yuebao can allow the system to detect the user's financial situation.

Operating environment: Apple 12, ios14, Alipay version.