Why is there no limit for repaying the borrowed money?

There are many possibilities for this, and only the system knows which one it is. The first is early repayment, the second is late repayment, the third is that there is no quota, and the fourth is zero for a long period of time.

Generally, there is no quota after the loan is repaid. Most of them are due to the fact that there are often late payments or no minimum repayment when using borrowing. This creates credit problems. The platform will revoke the use, reduce or cancel the quota.

There is still a limit for repaying the borrowed money, but it must be calculated from next month, because you have used up the quota this month, and he will clear and recalculate it every month. Plan your expenses wisely and don't overspend.

Normally, it is not a permanent amount, Alipay will reassess your creditworthiness every month, if it is not enough, it is very likely to close your loan.

Because of your intermittent repayment or repeated borrowing, the system gives you a judgment that you are afraid that you will not borrow if you can't pay it back, so there is no limit.

The amount of borrowing is not fixed.

In your case, it's likely that your quota has been reduced.

Use Alipay more and shop more in **, which can effectively increase your borrowing limit.

The loan company lends money based on the borrower's credit information, liabilities, income and assets, as well as repayment credit, etc., before determining whether to issue a loan amount to the lender.

This is quite normal, and this should be caused by Alibaba's Ant Finance being in the shrinking stage, and he is shrinking his scale.

The borrowing platform will also review personal credit and other situations, and there will be such a situation, and the loan will not be given if the loan is paid off.

There is no limit for repaying the borrowed money, that is, after repaying the loan, you are not eligible to borrow again, and you will apply again after a while.

Alipay borrowing suddenly has no limit, maybe you have overdue elsewhere, or check your personal credit record yourself.

According to the situation you said, if you repay the loan, you will no longer be able to have a quota, it should be that you have not developed a good credit history on the platform.

It may be that your borrowing limit has decreased or your borrowing limit has been closed by the system, if it is closed, the borrowing limit should be overdue.

First of all, you have to see if the money you borrowed is overdue, and in this case, there will be no limit.

If there is no overdue, you can apply to the borrowing platform for review and recovery, if it is overdue, only repair its personal credit, and if it can be restored after a period of time, you can also use sesame seeds to repair it.

It may be that you are in default, such as delaying repayment.

This may have to do with you being overdue, and then there's the credit problem, which may be there after a while.

It means that your credit has been withdrawn!

The amount of borrowing is accumulated little by little.

I'll take back the quota for you.

Now Alipay has reduced the limit for many people, just to let everyone consume rationally and not make and make plans.

Bao inquired: I will have some wine tomorrow, and I don't have to pay if I can't afford it. Why.

It may be due to the borrower's overdue repayment when using the borrower, so once the user completes the repayment, the credit will be withdrawn by the system. In this case, if you want to open a loan again, you need to improve your personal comprehensive score, use Alipay as much as possible, or buy some financial products.

When applying for a loan, you need to submit personal information, if the personal information has expired, it will cause the loan to be closed after repayment. You will need to re-submit your personal information to apply again.

It is also a normal assessment of Ant Borrowing that there is no quota after borrowing and repaying, and the quota is turned off means that the user's comprehensive score is insufficient.

With the increase in the number of Alipay users, there are more and more users who open borrowing. The borrowing limit has always been a concern for borrowers.

The borrowing limit is comprehensively assessed according to your account situation, the limit of different accounts may be different, and the limit of the same account will also change in real time, and the final credit limit shall prevail according to your credit limit. At present, the maximum amount of borrowing is 300,000 yuan.

If you have already met the conditions for borrowing, click on the [Ant Borrowing Version] - [My] - [My Limit] page on your Redmi Note8 mobile phone to check your quota.

This may be due to the credit impact caused by the number of times you have applied for a loan in a certain period of time. Every time you apply, your credit report in the People's Bank of China will be recorded once, and after the application is rejected by the platform, the credit report fluctuates once, and the application is successful, and it fluctuates half a time.

For example, if a normal person's credit is 100%, as long as he has applied for a loan once, whether he succeeds or not, he will drop 001%, and when he succeeds and pays off in full, he will increase by 002%.

However, there is another reason, overdue, early repayment, and too frequent application for a large number of loans in the short term, which will cause inusability, suspension of services, freezing, reduction of quotas, etc. The recovery is less than half a year, and more than five years, and this half a year or five years refers to the credit that will be restored to the original state after you are overdue and no longer violated, referred to as (white household).

The amount of borrowing is suddenly gone, and there may be the following 4 reasons:

1. Do not use it for a long time.

Because of the ant borrowing.

It is a small loan platform specially launched by Alipay, if you don't use it for a long time, then Alipay will default to you as a user who does not need to borrow, so it will be silently closed for you to prevent waste of resources.

2. The loan is overdue.

3. Change your mobile phone number or bank card frequently.

Frequently change your mobile phone number or bank card, Alipay will define your account as an account with risks, there is a risk of borrowing and repaying debts, and it will also force you to close Ant Borrow.

4. Problems such as swiping points and cashing out. If some users use Alipay's borrowing function to swipe Ant membership points, or illegally use borrowing to cash out for profit, then Alipay will also force the closure of Ant borrowing and other functions.

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.

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.

Precautions for opening a borrowing:

Clause. 1. The sesame credit score in Alipay.

It is the primary condition that affects the opening of the loan, as long as you have a sesame credit score of 600 points, you have the right to apply for the opening.

Clause. Second, the opening of borrowing is closely related to the user's activity in using Alipay. If you want to open a loan, Alipay's activity is also an important condition, and if the activity does not reach the level, it is also difficult to open a loan.

Clause. 3. The default of the user's use of Alipay is an important factor affecting the opening of the loan. We overdrew Huabei before.

If there is no repayment after the deadline, then Alipay's credit score will decline, which will not only affect your Alipay's withdrawal limit, but also seriously affect the opening of the loan.

Clause. Fourth, the user's ability to repay is the most important condition. The opening of the loan will also take into account the user's ability to repay. Alipay will judge whether we can open a loan based on personal information and personal occupation.