Before 16:00 pm at the latest, the loan deduction time of Xiaomi and Xingxing is generally between 9: 00 am and16: 00 pm, and the specific deduction time is affected by the internal processing of Xiaomi and Xingxing loans and the processing speed of banks. Please refer to the actual deduction time of Xiaomi Satellite Loan. It is suggested to deposit the arrears one day in advance, so as to avoid loans overdue due to the failure of deduction. If you are worried about overdue due to automatic deduction, you can take the initiative to repay in the repayment plan.

1. What is a satellite loan?

The accompanying loan is a loan service institution under Xiaomi Finance, formerly known as "Xiaomi Loan". Relying on Xiaomi's outstanding advantages in artificial intelligence, big data and other fields, it has brought efficient and convenient financial technology services to users through the online audit system with zero manual intervention in the whole process. Satellite loan products are characterized by daily interest rate 12000, which can be paid with the loan, quickly authenticated and received in one minute at the earliest. In addition, loans and installment purchases, full coverage of rice noodles, comprehensive risk control, and transparent interest rates and fees. The logic of satellite lending is similar to commercial credit cards, that is, commercial institutions issue cards by themselves, and provide users with a certain credit line according to their consumption behavior, with the ultimate goal of promoting users' consumption in commercial institutions.

Second, did Xiaomi borrow credit information from the stars?

Xiaomi Finance cooperates fully with the credit reporting agencies of the People's Bank of China, and its loan products are all credit reporting agencies. Therefore, satellite loan is not only a credit report for overdue records, but also a credit report for normal repayment records. A normal credit record is a part of personal credit information, and a good credit record is conducive to the subsequent enjoyment of better financial services. As for bad credit records, it will affect users' application for credit business. Therefore, if you apply for Xiaomi's accompanying loan, you must repay it on time, otherwise it will affect your personal credit.

In addition, Xiaomi supports 65438+June 3, 2002 installment payment. The total handling fee rate of Xiaomi Phase III is 2.22%, that of Xiaomi Phase VI is 3.9%, and that of Xiaomi 12 is 7.2%. In normal repayment, only the current principal and handling fee will be repaid every month. In early repayment, the total handling fee (subject to the figures) will be added to the early repayment.