What should I do if the borrowing is stopped and I can t repay the loan in a recurring cycle?

Ant borrowing revolving repayment skills.

If you want to repay the loan in a circular manner, there is no special trick. It is to pay back part of it first, and when the quota is restored, apply for a loan, and then withdraw the funds to pay off the remaining part. After that, when the loan needs to be repaid, you can do this repeatedly.

However, it is not recommended for everyone to do this, because the risk of revolving repayment is very large, after all, revolving repayment is equivalent to using Ant to borrow its own funds to repay the money borrowed from Ant Borrow. Once discovered by the system, the system is likely to risk control the user, take derating, or even freeze the user.

Therefore, it is better for everyone to be honest and use their own money to borrow and repay on time. And because the borrowing system will initiate an automatic deduction on the repayment date, customers only need to ensure that their Alipay balance, Yuebao or the savings card bound to the account have sufficient funds. Of course, customers can also manually repay the loan in advance, and the early repayment operation will not affect the credit.

However, the disadvantage of revolving repayment is that the last amount always needs to be paid off by the user, and it is impossible to settle the loan with the amount of the loan. Moreover, revolving repayment will increase the repayment pressure of users, and the more loans that participate in revolving, the more interest will be generated.

In this case, you can only save your own money to pay it back, after all, if your credit is not good, others will stop your limit. We must not overdue, otherwise it will be difficult to pay it back then.

The borrowing platform cannot apply for interest suspension and hanging account, but if the borrowing is overdue and incapable of repayment, you can apply for installment repayment or deferred repayment to reduce the repayment pressure.

Huabei is not allowed to apply for interest suspension. Huabei is a microcredit loan product launched by Alipay, and you cannot apply for interest suspension after the deadline. If you are unable to repay due to special reasons, you can try to negotiate repayment with the official application of Huabei.

However, when you are able to repay, try to repay the loan on time and in full, and if you really can't afford it, you can choose the minimum repayment.

After the Huabei loan is overdue, the negotiated repayment method is generally installment repayment. After the user's Huabei and borrowing are overdue, they can call Alipay customer service** to apply for negotiated repayment. Generally speaking, all overdue arrears need to be repaid at one time, but when the user's repayment ability is insufficient and the negotiation is successful, this part of the overdue funds can be repaid in installments.

Of course, if the overdue has already been generated, even if the overdue arrears are paid off subsequently, the overdue records will be retained in the credit report and Sesame Credit for 5 years, and the overdue records will be deleted after 5 years.

The borrowing is suddenly deactivated, there may be a variety of reasons, how long it can be restored, it needs to be analyzed according to the reason for deactivation, and the actual display on the borrowing page shall prevail:

1.Strict supervision was shut down by risk control, and it can only be resumed after the supervision is relaxed;

2.If you have bad credit behavior, you need to maintain good credit behavior and wait for the evaluation results of the system;

3.There is a risk that the account will be compromised, and it can be restored when the risk is removed.

Extended Information] There may be the following 7 reasons why ant borrowing is closed:

1. Do not use borrowing often.

When you reach the conditions for borrowing within a certain period of time, the system will automatically activate it for you. The borrowing quota is also given to you. However, if you have not used this quota since it was opened, the platform will feel that you do not need to occupy this quota, and your borrowing may be closed.

2. Bad credit history.

Whether it is a credit card or an online loan, try not to be overdue, during the use of ant borrowing, there is an overdue record, or credit cards and other loans are overdue, Alipay attaches great importance to personal credit, which is also an important reason why many people are closed. In this case, you can only re-accumulate credit, and after the bad credit record is automatically eliminated, there is still a chance to open it again.

3. Repay the loan early.

There are not a few friends who have been closed for early repayment, because early repayment will affect your performance, which was originally divided into 6 installments, but you only used it for a few days to repay, so it may also be closed.

Fourth, excessive debt.

If you use Sesame Credit to authorize too many small loans, Alipay will determine that you are very short of money and your personal risk is too great, and shutting down the loan can avoid this high risk.

5. Use Alipay to cash out.

It mainly refers to Huabei cashing out, if you use Huabei maliciously, after being detected, it will seriously touch the bottom line of Alipay, and you will be shut down and borrowed, and you will bear legal responsibility. There is no good solution to this reason to be closed, the first is to stop malicious use, and then immediately pay off the arrears of Huabei, and then use Alipay normally, re-accumulate credit, and have a certain probability of opening it again.

6. Expired documents.

Whether the authentication materials can be outdated, such as whether the ID card can be outdated, many people have encountered this situation, the ID card is outdated, and then the function of Alipay can not be used at all, re-apply for the ID card, re-authenticate it and return to normal.

7. Other reasons.

For example, frequently changing personal information, changing mobile phone numbers, or not using Alipay frequently, or even illegal transactions through Alipay, etc., may cause the loan to be closed.

OK. In the case of borrowing quota, you can borrow multiple times. However, it should be noted that the number of loans borrowed at the same time cannot be higher than 20. In other words, if you borrow 20 times and all of them are in installments, you must completely repay one before you can borrow it again.

According to the different scores, users can apply for loans ranging from 1,000 to 300,000 yuan. The maximum repayment period is 12 months, and the loan can be repaid at any time.

Ants borrow. After the shutdown, officials did not give specific information on how long it will take to recover. If it is because you have not used the loan for a long time, the system will evaluate it when you need to use it, and you can resume using it after passing.

If you are closed because you are overdue or owed, you can only reinstate the access to the debit by continuously improving your credit score.

If you want to open it again after Ant Borrowing is closed, it is best to complete your personal information as much as possible to improve your Sesame Credit.

The reason why the borrowing was closed:

1. Frequently change the information of the data.

2. Cash out and brush points on Alipay.

3. Overdue repayment and span repayment.

Extended Materials. About borrowing.

1. "Borrowing" is a loan service launched by Alipay, and the current application threshold is sesame points.

above 600. 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.

2. 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.

4) This part of the business will naturally have an impact on the similar business of the bank, 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.

Operating Environment: Glory.

Alipay MYbank.

Answer hello How long does it take to recover after the borrowing is closed, it also needs to be subject to the evaluation results of the borrowing system, and the current evaluation time of the borrowing system is irregular, so there is no specific time for how long the borrowing function can be restored. The following five points will help you to open the loan again1 and improve your personal information. Fill in the personal information in Alipay, complete personal credit helps to improve the sesame credit score, and one of the necessary conditions for opening a loan is a sesame credit score of more than 600, so the higher the sesame credit score, the more beneficial it is to open the loan again; 2. Use Alipay more to consume.

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 consumption power, the stronger the economic strength, and a good economic strength will help you to open a loan; 3. Deposit a part of the funds into Yue Bao. Borrowing is a credit loan product, only users with the ability to repay can have the opportunity to open borrowing, so putting a part of the funds in Yuebao can allow the system to detect the user's financial status; 4. Use more Huabei functions. If you open Ant Huabei, you can use Huabei more for consumption and maintain a good repayment record; 5. Bind Alipay to a credit card and use Alipay's "credit card repayment" function to repay the arrears to the credit card on time.

If it is because of the overdue borrowing that Huabei is suspended, you should pay off the overdue arrears first, and then wait for the next system evaluation of user qualifications, and then Huabei can resume use.

If it has not been recovered, then it means that the user has not passed the assessment and is not qualified for the exam, in this case, the user should maintain a good credit history and standardize the use of other functions of Alipay to restore credit, and only after passing the assessment can the user resume using Huabei.