Can micro-loans be repaid in advance?

Small loans can be repaid in advance. Microfinance can be issued in cycles, which can be divided into 5/ 10/20 periods, etc. , it can be repaid as you borrow, without penalty interest, and the daily interest rate of the loan is between 0.02% and 0.05%. Micro-loan prepayment can be operated in WeChat micro-loan, hand Q micro-loan and Weizhong Bank APP interface. Micro-loan loans can be paid off in advance the next day. Interest is calculated according to the actual number of days, and no other fees are charged. "Micro-loan" is a product of Tencent and an Internet micro-credit product. The total amount of personal loans is between 500 yuan and 200,000 yuan, and the maximum loan amount is 40,000 yuan. The loan interest rate is lower than that of ordinary credit cards. At present, micro-lending is only open to some people, so it can only be opened to you by improving the relationship with WeChat, Weizhong and Tencent. That is, the system invitation system, only the system invites you and is open to you. We should make more use of Tencent's products, including instant messaging, online shopping and online payment, as well as virtual consumption, relationship chains, games, media behavior and basic portraits. In particular, the bank card bound to WeChat wallet has more transfers and more red envelopes, and the purchase of the above wealth management products is estimated to be the fastest.

Learn in detail, can micro-loans be repaid in advance? Go to: See more.

Can micro-loan be paid off in advance by installment?

Of course.

Micro-loans can be repaid in full in advance, and there will be no cost for prepayment. After prepayment, the loan amount will be restored immediately, and you can apply for a loan again.

The main advantage of prepayment of microfinance is that it can save interest. Micro-loans bear interest on a daily basis, with a daily interest rate of 0.05%. After prepayment is selected, interest will be charged until the repayment date. The prepayment of micro-loans is not a breach of contract, and there is no penalty interest or other expenses. That is, if the actual borrowing time is as short as 1 day, you only need to pay 1 day interest.

Extended data:

Characteristics of microfinance:

1. Micro-loan: The credit line of micro-loan is between 5 million and 300,000, which is simple and flexible.

2, convenient application: no guarantee, no mortgage, just click on WeChat and mobile QQ.

3. Fast and efficient: the credit approval time is as low as 2.4 seconds, and the fastest time is 40 seconds.

4. Affordable loan: interest is calculated on a daily basis, there is no penalty for prepayment, and the borrowing cost is low.

5. Uninterrupted service: provide 7*24 hours service and enjoy convenient financial services anytime and anywhere.

6. Humanistic care: Full-time customer service provides sign language services for the hearing impaired to better help special groups solve the funding gap problem.

Can micro-loans be repaid in advance after installment? The official response is this.

When you have no money, which platform will you choose to apply for a loan? In fact, micro-credit is also a good platform. Micro-loan is a pure online personal micro-credit circulating consumer loan product. You can choose to apply for a small loan by installment, but can you repay it in advance after installment?

Micro-loan quota It is reported that micro-loans can be repaid in advance after installment. After opening WeChat and clicking on micro-loan, you can choose to pay off the loan in advance, and the payment is successful! And when we choose to prepay, we can also apply for a settlement certificate.

It is worth mentioning that micro-loans can be repaid in advance after installment, and there is no penalty for prepayment. If you borrow it for a few days, even if it is interest for a few days, there is no penalty for prepayment. Therefore, whether you need to repay in advance depends on your own economic situation and needs.

Can micro-loans be repaid in advance after installment?

Of course.

Micro-loans can be repaid in full in advance, and there will be no cost for prepayment. After prepayment, the loan amount will be restored immediately, and you can apply for a loan again.

The main advantage of prepayment of microfinance is that it can save interest. Micro-loans bear interest on a daily basis, with a daily interest rate of 0.05%. After prepayment is selected, interest will be charged until the repayment date. The prepayment of micro-loans is not a breach of contract, and there is no penalty interest or other expenses. That is, if the actual borrowing time is as short as 1 day, you only need to pay 1 day interest.

Interest on micro-loans is calculated on a daily basis, with a daily interest rate of 0.05%. You can choose to repay in advance, and the interest will be charged until the repayment date. Moreover, prepayment of micro-loans is not a breach of contract, and there is no penalty interest or other expenses. That is, if the actual borrowing time is as short as 1 day, you only need to pay 1 day interest.

Micro-loans can be repaid in advance, and prepayment is manual repayment. The prepayment interest of Tencent Microfinance is 0.5 ‰, and the converted annual interest rate is 18.25%.

In the future, with the further opening of users, differentiated pricing will be implemented, and users with good credit will enjoy a daily interest rate of two ten thousandths to three ten thousandths, equivalent to an annual interest rate of 7.2%- 10.8%. At present, micro-credit loans can only be repaid in installments of five months, ten months and twenty months.

It is reported that the interest rate of micro-loans is five ten thousandths, equivalent to annualized interest rate 18.25%. In the future, with the further liberalization of users, differentiated pricing will be implemented, and customers with good credit can enjoy the daily interest of two ten thousandths to three ten thousandths, which is equivalent to 7.2%- 10.8% on an annualized basis. At present, micro-credit loans can be repaid in 5 installments, 10 installments and 20 months.

The repayment date is the lending date of your first loan, and the repayment date of every loan in the future will be this day. Among them, if your first loan occurs on the 29th, 30th and 3rd1day of the current month, the repayment date is 2 1 day of each month.

The first repayment date of non-first loan will cross the latest repayment date (including today). For example, your current repayment date is 2 1 day per month. When you borrow again on 1 and 15, the first repayment date of your loan is February 2 1 day.

If prepayment is required, it can be paid off the next day after the loan is successful, that is, the actual borrowing time can be as short as 1 day, and only the interest of 1 day is required. Therefore, if repayment is made in advance, interest will be charged until the repayment date, because prepayment of micro-loans is not a breach of contract, and there is no penalty interest or other expenses.

Characteristics of microfinance:

1. Micro-loan: The credit line of micro-loan is between 5 million and 300,000, which is simple and flexible.

2, convenient application: no guarantee, no mortgage, just click on WeChat and mobile QQ.

3. Fast and efficient: the credit approval time is as low as 2.4 seconds, and the fastest time is 40 seconds.

4. Affordable loan: interest is calculated on a daily basis, there is no penalty for prepayment, and the borrowing cost is low.

5. Uninterrupted service: provide 7* 24 hours service and enjoy convenient financial services anytime and anywhere.

6. Humanistic care: Full-time customer service provides sign language services for the hearing impaired to better help special groups solve the funding gap problem.