Is borrowing an online loan, and is borrowing an online loan?

It belongs to online loans, WeChat micro loans, these are all online loans, and the lender is Chongqing Ant Microfinance Company, a subsidiary of Alipay, but relatively speaking, it is a formal online loan platform, and the relevant treaties are within the scope of national law.

Extended information: Borrowing "current name credit loan" is a loan service launched by Alipay, and users can apply for different loan amounts according to different sesame scores. 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.

On January 9, 2018, perhaps due to excessive leverage and violation of relevant regulatory regulations of the central bank, some users were voluntarily closed 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.

Borrowing is an Alipay loan product, according to the user's sesame points, the loan amount is not the same, the longest loan term is 12 months, the daily interest rate of the loan varies from person to person, most of the daily interest rates are between, you can borrow and repay at any time.

At present, the consumer loans launched by e-commerce giants are mainly for installments in the consumption scenarios of the e-commerce platform, but with the continuous accumulation of personal credit data, personal credit loans for non-consumption scenarios are also being launched one after another.

Here's the actual experience of raising the quota:

1. Deposit Yue Bao or Zhao Cai Bao (regular), deposit 15,000+ money, and it can basically be withdrawn after 10 days, generally on the 1-10th limit;

On November 7, 2021, Alipay borrowing has been updated to"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, and loan and repayment will not change.

Calculate. Borrowing 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 borrowing is 12 months, and it can be repaid at any time.

At present, in addition to Alipay's "Huabei" and "Borrow", WeChat has also launched "Micro Loan", and JD.com also has "Baitiao" and other businesses. Although the names of these products are different, they are all credit lending products, no collateral, customers only need to apply on the mobile client, you can get loans ranging from thousands to tens of thousands of yuan according to the credit situation, and the loan interest rate is generally 5/10,000 of the daily interest rate.

Is borrowing an online loan? Alipay's borrowing is not an online loan. 1. Both borrowing and online lending are Internet finance, but their nature is different.

Borrowing is a loan issued by Alipay for some Xunnian Xian households, and the money is lent to users by Alipay. However, the online lending platform is only an information intermediary, and there is no lending relationship between the platform and the user. Do not trust any informal platform information, so as not to cause unnecessary property loss!

Compare the heart] [beat the heart of the mu] [compare the heart].

No, Alipay borrowing can only be regarded as money lending software, and online lending refers to illegal debt collection.