Daddy Ma is not interested in money, that’s okay.

It’s not your fault if 10,000 people don’t pay back, but it’s not your fault if 1 million people don’t pay back.

Penalty interest and credit reporting will have an impact on your future life. Let’s not talk about the problem of not being able to repay the money. First, make sure that you have enough food and clothing before you consider repaying the money.

Just uninstall Alipay [a flash of inspiration]

Internet merchant loans in Alipay It cannot be negotiated, so we can only ignore it and pay it all back when we have money. I was overdue in January. At that time, I called to negotiate an extension of the installment, but no matter what I said, it was of no use. So just pay what you owe. Life must go on. I will pay it back when I have money.

I also owe money due to a failed business. I have a total debt of 250,300 yuan, including credit cards, Alipay, and WeChat. I owe more than 70,000 to my credit card, more than 80,000 to Alipay, and 97,000 to WeChat.

Whose fault is this? Nowadays, it is too easy to borrow money from Alipay and WeChat. Just pay or Zhima points exceed 600 points. I don’t know why Tencent and Ant give us ordinary people such high credit. Aren’t they worried that we can’t afford to pay it back?

The consequences of overdue payment are also very serious, and I have fully felt it.

First, being debted

I usually get 4 or 5 calls a day, and my address book has been exploded. Now everyone knows that there is no mercy at all. I don’t even call during the day. Dare to go out.

Second, the penalty interest is 1.5 times

I see the penalty interest accumulating more and more, but I have no choice. If I have the money, I will just pay it all back and negotiate to extend the installment. Being rejected again, I could only watch as the penalties accumulated.

Third, being sued

After all the debts were overdue, both WeChat and Alipay said they would sue me. I had no choice but to let them sue because I really had no money to pay back. Yes, but so far, I have not been sued. I guess there is a certain time limit. If you exceed the deadline for a certain period, you will be sued.

My current repayment plan is to pay off the credit card first, and then repay the debts owed to Alipay and WeChat. I think credit card is more important. After all, it is money owed to the bank, while Alipay and WeChat are just online. It’s just a small loan. Do you think I did the right thing?

When I saw this question, I remembered this time last year. At that time, I borrowed 580,000 from Alipay. As a result, my business lost money. In the end, it was more than 2 months overdue before I paid it all back. Now my online business loan limit is 2.59 million, and I haven't had the chance to use it yet.

The online merchant loan in Alipay is a commercial loan product under MYbank. It is mainly aimed at small, medium and micro business owners and merchant users in Alipay, and the amount ranges from tens of thousands to several million. , depending on wealth value. The conditions for opening are also quite high, requiring merchants to have a Zhima score of 1,400 or more and a certain credit record. However, many netizens do not need a credit limit of several million. Usually, the maximum limit of 300,000 is required, such as Borrowing and Zhima Duohua. It can meet everyone's needs. Among them, borrowing money requires more than 600 Zhima points, while Zhima Duohua requires more than 550 points. It relies on the WeChat mobile payment platform to serve users. The most important thing is that it does not require credit reporting. The minimum is 10,000. You can try it. Try, but online merchant loans are very different from them. They are essentially commercial loans, mainly for merchant users. Each transaction is subject to a credit report. The review of personal credit information is very strict, so if you use online merchant loans If it is overdue, the consequences will be very serious, which are mainly divided into the following points:

First, the credit report will be on the overdue record, and the personal credit report will become black

Behind the online business loan The funds from MYbank are also MYbank's money, so if it is overdue, your personal credit report will definitely be checked, and the company's credit will also be lowered.

Second, Zhima points are greatly deducted

Usually if there is an overdue record, Zhima points will be deducted by several hundred points. Once the Zhima points are too low, the Zhima points in Alipay will be deducted. Many functions will lose access rights.

Third, Huabeijiebei and Wangshangdai were closed

With overdue records, personal credit points will be poor, and what follows will be Huabeijiebei and online merchant loans. Online shopping loans and other Ant series financial products will be closed. After all, they are a series of products, and user data is also limited.

Although the amount of online business loans is high, the interest rate is not low at all. My interest rate is already very low, but the annualized rate is already over 10%. Most people’s annualized rate is 15%. About %, so I advise everyone to get a bank loan to turn around the business. Although my online business loan limit is already 2.59 million, I have never used it once.

There are no consequences, the worst thing is that it will be paid off by the water droplets

Find a new project to continue your business, and continue to work hard! If you don’t struggle, you will never turn over!

Thank you for the invitation to answer your question.

What should I do if I borrow 200,000 from an Alipay online business loan but my business fails and I can’t repay it? What are the consequences?

First of all, you need to know that Alipay’s online merchant loans are also online loans. It affects loans in regular banks;

Secondly, the interest rate of online business loans is around 8-9%, which is actually not very high;

If you fail to start a business and are unable to repay, it is You can negotiate with Alipay;

Either repay in installments, or overdue, and if you can't pay for the time being, you will have to wait until you are able to repay later;

The consequence will be a bad personal credit record, which requires It can only be renewed five years after the debt has been paid off;

During this period, you should not think about taking out a loan to buy a car or a house;

Another consequence is penalty interest and The increase in liquidated damages will also be very fast;

Therefore, it is very important to negotiate with Alipay for repayment in a timely manner;

Slowly work and move bricks to pay back