Can I repay the loan in installments, and how many installments can I install

Alipay borrowing.

Stages can be divided into 3 months, 6 months, 9 months, and 12 months. After the user enters the borrowing page and enters the borrowing amount, the optional borrowing period will appear when the borrowing time will appear, and the user can choose the borrowing period according to their own needs. Only users with excellent credit qualifications will have 4 loan terms to choose from.

After selecting the loan term, you also need to choose a repayment method, and the user can choose to interest first and principal later.

Or repay the loan in equal amounts every month, and the interest on the loan generated by the two repayment methods will be different.

Extended information: "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.

The relationship between borrowing and Huabei:

Borrowing and Huabei are actually not very related, they just belong to Ant Financial.

It is just a consumer credit product on Alipay.

However, borrowing bei and Huabei will still have a certain influence on each other. Because they are all associated with Sesame Credit, if Sesame Credit is affected by improper use of borrowing, it will actually indirectly affect Huabei; Vice versa. Also, both borrowing and Huabei require sesame credits.

Only those who have a score of 600 or more can apply for activation.

Other than that, there isn't much to do with it. After all, the scope of use of the two is also different. The main thing that borrowing is a lending service, and users can use the funds anywhere after borrowing money from the borrowing office; Huabei is similar to a credit card, which provides a line of credit.

If users are allowed to consume in advance, the amount cannot be transferred or withdrawn, and can only be used when consuming.

If the user has a demand, he can apply for the opening of borrowing and Huabei at the same time, as for whether it can be successfully opened, it depends on the review results of the system.

The borrowing can be divided into up to 12 installments, which means that the repayment can be made in 12 months after borrowing. In addition, the borrower can also repay in 3 and 6 installments, and the borrower can choose the number of repayment periods according to his actual situation.

There are two ways to choose from the repayment method: equal monthly amount or interest first and principal later. If you choose Equal Monthly Amount, the monthly repayment amount will be the same; Choosing interest first and principal later, only interest is repaid in each installment in the early stage, and the repayment pressure is smaller, and the principal needs to be repaid in one lump sum until the last installment, which also prolongs the use time of the principal.

Extended Information: Is the borrowing overdue included in the credit report?

Overdue borrowings will be credited to the credit report. The borrowing has been fully connected to the credit information system of the central bank, and the loan record will be uploaded to the credit information of the People's Bank of China when borrowing, and it will also be recorded in the credit information if it is overdue. Moreover, there is no grace period for repayment of borrowing, even if the user is overdue for one day, its overdue record will be on the credit report, so it is necessary to repay each loan on time to avoid the overdue record affecting personal credit.

Users can see big data reports, including personal credit scores, loan records, overdue records, etc., on third-party big data platforms, such as Qinggou Quick Check, to facilitate the management of personal credit.

Ant borrowing can be repaid in installments, borrowing can be repaid at any time, not only on the repayment date, of course, do not overdue repayment. You can also set up automatic repayment by the system, and you can also support automatic repayment, that is, the arrears will be automatically deducted from the bound bank card or balance on the repayment date. In addition, there is money to spend to support early partial repayment, and the interest is calculated on a daily basis, which is very convenient.

You can choose to repay in 12-month or 6-month installments. Early repayment is also available for each installment, and the interest is calculated on a daily basis. Regardless of whether you choose to repay in installments or early, the daily interest rate is around %.

The installment of Ant Borrowing is not so flexible, although you can repay the loan in advance, but the installment option is only 12 months at most.

Ants borrow

1. The default installment repayment is generally 12 months, and you don't need to apply by yourself, and you need to pay for 6 months.

2. The repayment date of each installment is the same, keep in mind that you must not accidentally cause overdue.

3. The borrower can apply for the loan amount within the credit line at will, and the corresponding credit line can be restored for each repayment.

4. There is a handling fee for borrowing installments, but whether it is 12 installments or 6 installments, the handling fee is fixed.

Can be divided again. I have used borrowing.

As everyone knows, it will take time to turn around when you need to use a loan, so you will choose to pay in installments when borrowing, usually with a term of three months, six months and twelve months. Because the interest is calculated on a daily basis, it is naturally the best situation to be able to repay the money as soon as possible, but it will be more troublesome if it is not paid in the short term!

For these users, Borrower has launched a secondary installment service, and users who can use this function need to meet two conditions:

The first condition is that the initial borrowing amount is relatively large, and the second condition is that the remaining repayment period is less than 6 months.

In this case, the user can choose the second installment, so the maximum installment time of borrowing is no longer 12 months, and it can continue to be extended, which gives the borrower more time to turnover.

According to different personal credit assessments, Ant needs to choose the corresponding term when borrowing, and the installment repayment can be up to 12 months, with interest calculated on a daily basis, and early repayment is supported. The specific number of installments that can be selected is subject to the display on the page.

The loan can be repaid in 3, 6 and 12 installments, and the repayment method is also an equal amount per month, and the principal after interest is available. Choose the same amount every month, and the monthly repayment amount is the same, so it is easier to remember. Choose interest first and then principal, only repay interest in each period in the early stage, and the repayment pressure is very small, and only in the last installment does you need to repay the principal at one time, which also prolongs the use time of the principal.

Borrowing refers to a credit loan. Depending on the Sesame Score, users can apply for different loan amounts.

The advantages of borrowing are as follows:

1. The user experience is good, and the loan arrives quickly. After users use mobile QQ to enter the product interface, click to view the available limit, and they can get their own borrowing amount within 1 second, and the loan will be credited to the account in three to five minutes, which is more convenient than the cumbersome process of credit cards and P2P personal small loans;

2. The repaid principal is not interest-bearing and respects the laws of finance. Interest is calculated on a daily basis, the interest is calculated from the date of loan disbursement, and the repayment is made in the form of equal principal, and the monthly repayment amount is reduced month by month;

3. There is no penalty interest for early repayment. How long does the borrower borrow money, and how much interest + principal is repaid;

4. It is convenient to cash out, and there is no reason to withdraw cash. Compared with the difficulty of cashing out credit cards and the problem of high handling fees, borrowing is specially provided for those who are short of funds.

The application conditions for borrowing are:

1. It is an individual mainland user;

2. Aged 18 or above;

3. The status is normal and has passed real-name authentication, and has not been appealed;

4. The account is bound to a mainland mobile phone number;

5. The account has been bound to a savings card;

6. Good personal credit, with a sesame credit score of 600 points or above.

The borrowing application method is as follows:

1. Open the Alipay personal center and find the identity authentication;

2. Enter the identity management center and improve the information;

3. Improve the imperfect information;

4. After completing the information, wait for the next Alipay cycle to update the sesame points, and there will be a quota after the update.

Yes, in fact, Alipay's borrowing can also be paid in installments, and it is also designed to take into account everyone's economic situation, which is also quite humane.

Personally, I feel that borrowing can be repaid in installments, and borrowing can also be repaid in installments, and the minimum amount can be repaid, which can reduce people's repayment pressure.

It is also possible to installment, but the interest rate of installment is very high, so it will also increase your financial pressure.

Borrowing can be paid in installments. The borrowing cycle can be selected for a period of time, and after selecting the borrowing cycle, you can choose the repayment method to repay the loan on a monthly basis. In addition, borrowing is a product with daily interest and borrowing and repaying, if you don't need it, you can return the remaining principal at any time, so that the system will calculate the interest according to the actual number of days used.