How much is the daily interest of ant borrowing, and how much is the interest of ant borrowing

135 yuan. If you borrow 10,000 yuan, the minimum repayment of Huabei is about the same as that of a credit card, which is generally 10% of the total outstanding amount, so the minimum repayment is 1,000 yuan. After repaying 1,000 yuan, the remaining 9,000 yuan will start from the same day, according to the calculation of interest, the daily interest is 10,000 * yuan, and if it is 30 days a month, it is 135 yuan.

Extended Materials. 1.Interest is the fee for the use of money for a certain period of time, and refers to the remuneration received by the holder of the currency (creditor) from the borrower (debtor) for lending money or monetary capital.

This includes interest on deposits, loans, and interest on various bonds. Under capitalism, the source of interest is the surplus value created by wage workers. The essence of interest is a special form of transformation of surplus value, which is part of the profit.

2.Marx's view of political economy.

Marxism holds that interest is essentially a part of profit, a transformed form of surplus value. Money itself does not create money, it does not increase in value on its own, and it is only when the functional capitalist buys the means of production and labor with money that he can create surplus value in the process of production by employing the labor of workers. The money capitalists, on the other hand, share the surplus value with the functional capitalists by virtue of their ownership of capital.

Therefore, the separation of the ownership of capital from the right to use capital is an intrinsic premise for the generation of interest. And due to the characteristics of the reproduction process, the coexistence of capital surplus and capital shortage is the external condition for the generation of interest. Money becomes capital when it is appropriated by the capitalist and used as a means of exploiting the surplus value of the wage-worker.

Money performs the function of capital and acquires an additional use-value, i.e., the ability to produce average profits. All capitalists are driven by the pursuit of surplus value, and profits are transformed into average profits. The average profit is divided into interest and income of the entrepreneurs, which are appropriated by different capitalists.

Thus, interest is essentially the same as profit, a form of transformation of surplus value, reflecting the relationship between the lending capitalist and the functional capitalist in the common exploitation of the worker.

The interest of borrowing is charged on a daily basis after borrowing, the average daily interest rate of borrowing is 4/10,000, calculated according to 365 days, the conversion adult rate is only, the lowest interest rate is even only 10,000, and the annual interest rate is 9%, which is lower than most banks' credit cards.

For example, if the daily interest rate is 4/10,000 and the loan is 10,000 yuan, the daily interest is 4 yuan, and if the 10,000 yuan loan is used for 30 days, the total interest is 120 yuan; Users can repay the loan in advance at any time, and the interest after early repayment will be calculated according to the actual number of days that the remaining arrears principal is used.

The Alipay system will evaluate and review the user's personal credit, consumption history, repayment ability and other aspects through big data, and finally comprehensively determine the user's Ant borrowing interest.

Borrow the amount to improve your skills

1. Use Alipay more.

The more active the user is in using Alipay, the greater the probability of raising the amount, and the methods of using Alipay are as follows: you can use Alipay to pay with Alipay, online payment, such as recharging your home bill, water, electricity, gas, etc., offline payment.

For example, when shopping in shopping malls, stalls and vendors can also use Alipay to pay; When you wake up in the morning, go to the ant forest to steal some energy; Add more well-qualified Alipay friends, often chat with them, interact with them, transfer money, send red envelopes, etc.

2. Maintain good credit habits.

After all, ant borrowing is a credit product, and the most important thing in a credit product is credit, and if a person's credit is not good, then the amount obviously cannot be improved. Therefore, the most important thing for Ant to increase the limit is to maintain your good credit.

For example, when using Huabei to borrow, repay the loan on time and don't be overdue at all; When you use a credit card, you must repay on time, and you must repay your mortgage and car loan on time, because the borrowing is currently on the credit report, and the system will know that it is overdue when using other credit products.

3. Improve your total assets.

The ability to repay is also an important indicator for the inspection of credit products, and Alipay borrowing, as a credit product, will also check the status of personal assets. For example, binding credit cards, debit cards, and purchasing investment and wealth management in Yuebao will help the system to know our good asset ability and repayment ability. After all, everyone is willing to lend money to people who have money.

The above content refers to People's Daily Online-Ant Borrowing, with a net profit of nearly 4.5 billion yuan in the first three quarters, and a non-performing rate of about 1%.

Ant borrowing is calculated on a daily basis, and the interest rate is roughly different, most people's amount is generally daily, and the lowest is daily. The interest on a loan of 10,000 yuan a day is 4 yuan. The amount of Ant borrowing will be determined based on the spending power, comprehensive credit, and repayment ability of Alipay users.

The interest rate of Ant borrowing is floating, and the repayment interest rate will be determined according to the individual's qualifications, the highest borrowing daily interest is the lowest borrowing daily interest rate.

Generally speaking, the interest rate of Ant Loan will fluctuate, and if the user's overall score is higher, the lower the loan interest rate.

The daily interest rate of borrowing is between, that is, the interest of borrowing 10,000 yuan a day is between yuan and 6 yuan, and the interest of a month is between 45 yuan and 180 yuan. If your daily interest rate is 5/10,000 and you borrow 10,000 yuan, then the daily interest rate is 5 yuan. If you borrow for 30 days, the interest is $150.

Further information: "Borrow" generally refers to "credit loan".

Interpretation: A loan service launched by Alipay.

Application conditions: sesame score of 600 or more.

Application quota: 1,000-300,000 yuan.

Credit Loan (formerly known as Borrow) is a loan service launched by Ant Financial Services Group[1] with the help of 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.

When borrowing, users can choose to lend money to Alipay accounts and bound savings bank cards for personal consumption, decoration, travel, etc.

In November 2021, the name of the borrower has been changed to "credit loan", and it is clearly indicated that the bank will provide services.

Product Introduction. Credit loan is a loan service launched by Alipay, and the application threshold is a sesame score of more than 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.

History. On January 28, 2021, Ant Borrowing launched a new function for quota management, allowing users to adjust their quota independently.

In November 2021, the name of Alipay Loan was changed to "Credit Loan", and it was clearly indicated that the bank would provide services. In the future, it will be provided by Ant Consumer Finance and 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.

Controversial events. On January 9, 2018, according to Shanghai TV news, Alipay's small loan product "Ant Borrow" may have voluntarily closed some users due to excessive leverage and violation of relevant regulatory regulations of the central bank to control the loan balance.

Interest is accrued at the interest rate at which the borrowing interest is calculated. The same goes for 1 day and 12 months. The specific calculation method is as follows:

Interest = Principal Daily Expected Annualized Interest Rate. Total repayment = principal + interest. Borrowing is a loan service launched by Alipay.

Depending on the sesame points, the amount of loan that users can apply for varies. The maximum repayment period of the loan is 12 months, and the daily interest rate of the loan is repayable with the loan. On January 9, 2018, due to excessive leverage and violation of the relevant regulatory regulations of the central bank, some user accounts were voluntarily closed to control the loan balance.

Extended Materials. 1.Interest is the cost of using money over a certain period of time.

Refers to the remuneration received by the holder of a currency (creditor) from a borrower (debtor) for lending money or monetary funds. This includes interest on deposits, loans, and various bonds. Under capitalism, the ** of interest is the surplus value created by wage workers.

The essence of interest is a special form of transformation of residual value and part of profits.

2.Loan interest: Every enterprise must borrow money from the bank in the process of production and operation.

How to keep loan interest in the books. According to the requirements of the new accounting standards, for short-term borrowings, short-term borrowings are used as an example to record borrowing interest. For example, an enterprise borrowed 1 million yuan from ICBC at an interest rate of 9% for three months.

How to deal with it by the financial staff. The specific steps are as follows: after obtaining the loan, it can be debited to the bank deposit account in the amount of 1 million.

At the same time, it can be included in the short-term loan account credit of 1 million yuan. When interest is accrued, interest may or may not be accrued.

3.There are two sides to direct debit. 1. If the interest is not accrued, it can be credited to the short-term loan debit with an amount of 1 million when paid directly after maturity, and to the debit side of the financial expense account with an amount of 22,500, and to the bank deposit account credit with an amount of 1,022,500.

Secondly, if interest is to be accrued on a monthly basis, 75,000 can be credited to the debit side of the finance expense account when the interest is accrued in the first month, and 75,000 to the credit side of the interest payable or accrued expense account when the interest is accrued in the first month. Take the first month as an example, several consecutive accounting entries are the same. When the loan interest is to be repaid at maturity, it can be debited to the short-term loan account in the amount of 1 million.

A debit that can be credited to the account for interest payable or accrued expenses in the amount of 22,500; At the same time, it can be credited to the bank deposit account in the amount of 1,022,500.