The lower the Alipay, the higher the interest rate of commercial banks, and the lower the threshold for banks to handle credit cards. The credit card that people use most is the credit card of commercial bank, but I didn't know that the installment interest of credit card of commercial bank is so high.
2. Does Alipay credit loan have interest?
Alipay credit loan interest. No matter where you borrow money, there is interest. It's just a matter of interest rate. Creditors lend money to debtors in order to obtain interest income, as do banks and Alipay credit loans. Credit loan only checks your loan amount according to your credit degree. Moreover, the annual interest rate of credit loans will be much higher than that of bank loans, and the interest is very high. Use this loan carefully.
I borrowed money from AliPay. Can I pay by credit card? Do you have a credit card? ...
Yes, you can. cash
Fourth, does Alipay need interest? How to calculate the interest?
After Hua Bai, Alipay enlarged its tactics. Following the use of Sesame Credit Score, Alipay launched the borrowing function. Lending treasure is a consumer credit product owned by Ant Micro. Only people with a sesame credit score of 600 or above may receive Alipay's "loan". After Alipay's "borrowing" function is opened, users can borrow money directly from Alipay. Then the question is coming, is this Alipay borrowing interest? How to calculate the interest? Do I need interest to borrow Alipay? Users with a sesame score of more than 600 can apply for a loan amount ranging from 1000 yuan to 50,000 yuan. Since it is a loan, it is necessary to charge a certain interest. The longest repayment period of "borrowing" is 12 months, and the expected annualized interest rate on the loan date is 0.045%, which will be repaid with the borrowing. The amount applied by users can be transferred to Alipay balance, just like a loan obtained from a bank. How to calculate the interest of Alipay? The amount applied by users can be transferred to Alipay balance, just like a loan obtained from a bank. The expected annualized interest rate on Alipay loan date is 0.045%, and the longest loan period is 12 months. That is to say, if you borrow 1 year, 1 ten thousand yuan, the total principal and interest to be repaid is 1 1642.5 yuan. If the interest is 50% off according to the preferential measures at that time, the principal and interest will be combined. The expected annualized interest rate without preferential loans is only five thousandths cheaper than credit cards. Introduction to reading: how to reduce the interest of AliPay? Do this well, and you may enjoy the lowest interest rate of 0.0 15%! Is Alipay's interest high? 5 comparison of large and small loan platforms, just calculate! Knowledge class: How to calculate the interest of Alipay? What is the calculation method?