Why can I only repay the loan in equal monthly installments?

Borrow. Can I only repay in equal monthly payments?

Borrowing is not only a monthly equal repayment, because in addition to the repayment method of equal monthly repayment, borrowing also has interest first and principal later.

The repayment method is generally chosen at the time of borrowing.

However, you need to note that although there are two repayment methods to choose from, it is not that customers can choose which repayment method they want to choose, and the repayment method of borrowing is mainly determined by the evaluation of the comprehensive account situation of the system, and the repayment method that customers can choose should be subject to the page display.

If the page only provides a repayment method of equal monthly amount, then the loan applied by the customer on the loan will naturally only be repaid in equal monthly amounts.

The so-called monthly equal amount is actually the repayment of the same amount of principal and interest every month, and the advantage of this method is that the repayment pressure is dispersed; As for the interest before the principal, it is to repay the interest first every month during the repayment period, and then repay the principal and current interest in the last installment, the advantage of this method is that the principal is used for a longer time, except for the last month of repayment pressure.

Therefore, when applying for a loan, it is already obvious whether the user's repayment method can be chosen, and the user cannot accept the repayment method of the same amount every month, and can give up the loan application.

I can only equal the amount every month, and I used to be able to wait for interest every month, most likely because I often lend and pay back.

Now the credit card repayment has brought pressure to many people, and many people will choose credit card repayment products to repay in order to avoid overdue due to inability to repay, and repayment is a credit card repayment product that many people are using. However, some people can't borrow money when they use their credit cards. So, if you still have a quota, why can't you borrow it?

There are four main reasons:

Clause. 1. Personal qualifications are insufficient.

After the registration and certification, the credit limit is only an estimated credit line, not a borrowable line. Therefore, when applying for a loan, the system will conduct a comprehensive assessment based on the information submitted by the borrower, including age, education, debts, personal credit and other information. If the system believes that you do not meet the borrowing conditions after review, you will not be able to borrow even if you still have the amount of money you can repay.

Clause. 2. There are errors or inaccuracies in the information.

The loan requires my real-name mobile phone number to apply, and the information provided must be true and reliable, so you should check carefully when filling in the information to see if there are any mistakes, and do not deceive and have a fluke mentality.

Clause. 3. The bound card does not support borrowing.

At present, the main credit card bill installment service provided by Huanbei is to support the credit card of most banks, and the loan will be disbursed to the borrowing credit card at one time after the loan is successful, so it is necessary to confirm whether you are using a credit card with UnionPay logo, and Huanbei does not support debit cards and some quasi-credit cards.

Clause. Fourth, the total debt is too large.

If you find that you have borrowed too much money on other platforms during the review, your ability to repay will be questioned and will be rejected. Therefore, it is advisable not to apply for loans from other lending institutions too much.

1.Qualifications are not up to standard:

If the user's qualifications are not good and the comprehensive assessment is not up to standard, there may be a situation where there is a limit but cannot be borrowed, and there are many reasons why the qualification is not up to standard, such as credit problems. There are many users who are overdue when they repay the loan, resulting in damage to their personal credit, which affects their future borrowing.

2.Insufficient quota:

If the amount of the loan applied for exceeds the current loan limit, the application will not be successful. Users are advised to reduce the loan amount and re-apply. For example, sometimes it may be that the amount has just been repaid, so the quota has not been restored, and the user can wait for the time being, and then apply when the quota is restored.

3.The information is incorrect:

If the user makes a mistake when applying for a loan or filling in the information on the repayment, the wrong information will be submitted and it is likely that it will not pass the system review. If the system fails to pass the review, it will naturally not be able to be borrowed.

Small loans** are the most reliable and direct to the account, and compared with other loan methods, the loan application of the online loan platform is convenient and the loan is fast, but the application for online loan should pay attention to the formal large platform, which can better protect personal interests and information security. At the same time, be careful not to pay pre-loan fees to avoid being scammed.

), daily interest rates as low as toIt has the characteristics of simple application, low interest rate, fast lending, flexible borrowing and repayment, transparent interest and fees, and strong security.

It is very likely that you owe a lot of money before, but you did not pay it back in time, it may be because of a problem with your credit, it may be because there is a problem with the system, or there is a lag in the network.

It should be that your information is not complete, it may be that the card you are bound to does not support such borrowing, or it may be that you have borrowed too much money and have exceeded the limit.

It could be because of something wrong with your credit. If the previous repayment is not particularly timely and overdue, or if the repayment is refused, it cannot be borrowed.

It is likely that your information is incorrect or untrue, and you can fill in your information again.

It is not possible to repay only a part of the money on the borrowing and repayment date. On the repayment date, the repayment amount of the current period must be returned, and if the repayment is not made in full, the user will be deemed overdue after the repayment date. There is no minimum repayment option for borrowing, and each repayment must be made in full.

In addition, even if you repay the loan early, you will still be required to repay the amount displayed on the page on the day of the payment.

Early repayment is only a partial return of the principal in advance, and the remaining principal to be repaid and the interest accrued on the repayment date are returned, and these users still have to repay on time.

Extended information: "Loan", now known as 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.

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.

I still have a quota, why can't I borrow it?

Hello, I'm glad to answer for you, and there are reasons why the quota can't be borrowed: 1. The personal information filled in during the application is filled in incorrectly, resulting in the amount not being borrowed. Second, the user's personal qualifications are not up to standard.

When the user submits the loan application, the system should review the user's personal qualifications, and if the personal qualifications are not up to standard, then the amount cannot be borrowed. 3. There is a problem with the user's bound savings card. If there is an abnormality in the debit card bound by the user to receive the loan, the loan will also fail.

Fourth, the debt ratio is too high. Users also apply for loans on other loan platforms, resulting in users showing that the personal debt ratio is too high on the credit report, and repaying the loan also needs to check the user's blind credit, and the system may reject the user's loan when it sees that the user's credit report shows that the debt is too high. 5. System reasons.

It is also possible that the system is faulty. It is recommended that users encounter this situation, they can call Huanbei customer service to consult the specific reason, and then solve it according to the reason.