How much does Ant Borrower charge for overdue payments? The specific calculation method is like this!

;? Ant Jiebei, a subsidiary of Alipay, is a pure credit mobile loan. If you are in a pinch, you can choose to borrow money from Jiebei, and it will be available to your account in a short time, which is very convenient. However, you need to pay attention to the timely repayment, because overdue loans will have serious consequences. Today we will introduce how much fees will be charged for overdue borrowing.

1. How much is the overdue fee for Ant Borrowing? The main thing is to charge penalty interest. Starting from the second day of overdue, there will be overdue fees that are times the normal interest rate. Assume that Xiao Li borrowed 10,000 yuan from Jiebei, and the daily interest rate is to repay it in 5 months, with each repayment of 2,000 yuan, then the interest is as follows: Daily interest for the first period: 10,000* yuan; Daily interest for the second period : 8,000* yuan; The third period’s daily interest: 6,000* yuan; The fourth period’s daily interest: 4,000* yuan; The fifth period’s daily interest: 2,000* yuan; If it is overdue, the penalty interest rate is assuming that the remaining 2,000 Yuan is not repaid, then the penalty interest will be Yuan per day starting from the first day of overdue payment.

2. What are the overdue fees for Ant Borrowing? If you choose installment repayment or deferred repayment, you may be charged overdue fees, minimum repayment cycle interest, installment handling fees and the principal portion of the installment payment, deferred repayment handling fees and the principal portion of the deferred repayment, etc. wait. All in all, in addition to penalty interest after the due date, a negative record will be left on Alipay and the Zhima points will be reduced, so it is correct to repay as soon as possible. How to calculate the penalty interest of Ant Borrower

1. Positive answer

The overdue penalty interest of Borrower is generally 1.5 times the loan interest of the same term. If someone’s daily interest rate of Borrower is Five ten thousandths, then the interest for a normal loan of 10,000 yuan per day is 5 yuan. After the overdue period, the penalty interest for one day is 5*1.5=7.5. The penalty interest is calculated on a daily basis. The longer the overdue time, the penalty interest calculated by the platform will also be The more there is, the greater the debt pressure will be.

2. Specific analysis

Jiebei does not support deferred repayment, so there is no grace period. Failure to repay in time before the repayment date expires will be counted by the platform. In addition to charging penalty interest, the platform will also report overdue records to the personal credit reporting system, leaving a credit stain on the lender.

It is also important to note that you cannot negotiate for repayment if you borrow money, which means that if you are overdue, you will have to bear the corresponding overdue liability and cannot negotiate with the platform.

In order to avoid a series of things that will happen after overdue, you need to repay on time after applying for a loan to avoid overdue. Before applying for a loan, fully consider your own financial strength and ensure that your income can cover the loan. Borrow reasonably based on expenses.

If you are unclear about your debts and online loan data, you can get an online loan big data report from Beijian Quick Check, regarding online loan application records, overdue details and blacklists Detailed information is provided.

3. How can I buy a more expensive mobile phone in installments if my Huabei credit limit is only 2,500?

The Huabei quota is only 2,500. If you want to buy a more expensive mobile phone in installments, you can take the following methods.

1. Check whether there is any unpaid bill in Huabei. If there is, pay it off immediately. After that, the previous consumption limit will usually be restored in real time. In this way, the account limit will increase naturally. You can buy a more expensive mobile phone.

For example, if the previous consumption limit is 1,000, after repayment, the Huabei limit can be increased from 2,500 to 3,500.

2. Check whether the system provides a temporary quota. If so, you can apply for a temporary quota.

After obtaining the temporary quota, the available quota will naturally be increased accordingly, and buying more expensive mobile phones will naturally not be a problem.

For example, if you receive a temporary quota of 500, the Huabei quota can be increased from 2,500 to 3,000.

3. Check whether Huabei has an open quota quick charge function. If so, you can lock it by adding corresponding funds to Yu'ebao, so that Huabei's quota can be increased to a certain extent.

For example, if you want to buy a mobile phone priced at RMB 5,000, you can lock it by depositing RMB 2,500 into Yu'E Bao.

In this way, the Huabei quota can be increased from the original 2,500 to 5,000.

How much penalty will be deducted if you forget to repay the payment on Alipay's Ant Borrower for one day?

For late repayment on Ant Borrower, there will be a penalty interest of 1.5 times the normal interest rate.

Penalty interest = overdue bill amount (overdue principal plus interest) * interest rate * 1.5 * number of overdue days (not counting the day).

The installment period of Ant Borrow Bei is generally 12 months. It is difficult for working people to repay the loan on time when buying a house. It is recommended that the Ant Borrow Bei loan amount be smaller and look for a housing provident fund loan.

Extended information:

Generally speaking, each bank will charge a certain interest for overdue repayment. Each bank is different, usually an interest of 0.5%. However, the interest accrual date is calculated from the date of consumption, not the date after the final repayment date.

It is recommended that if the entire limit is not met, you can pay the minimum repayment amount first, which will not affect your credit limit. At the same time, there will be a buffer period to facilitate the bank to understand the capital flow of your account in a timely manner. Freeze the account!

When a credit card (credit card) holder chooses the minimum repayment method or uses the card beyond the credit limit approved by the card-issuing bank, he will no longer enjoy the interest-free repayment period and must pay the unpaid portion of the loan. Overdraft interest calculated based on the prescribed interest rate from the bank accounting date.

Jiebei is a loan service launched by Alipay. The current application threshold is that Sesame points are above 600. Depending on the score, the loan amount that users can apply for ranges from 1,000 to 300,000 yuan. The maximum repayment period of Borrowing is 12 months, and the daily interest rate of the loan is 0.045%. You can repay as you borrow.

Reference: Baidu Encyclopedia-Overdue Repayment