The online merchant loan on Alipay is a formal loan commodity and a loan product under the online merchant bank group, focusing on the loan financial services of small and micro enterprises, merchants and rural users. It is an unsecured pure credit loan, and borrowers who meet the application conditions and requirements can apply. As a pure credit loan, online business loan is of course very strict in the examination and approval of the borrower's personal credit. If the borrower's personal credit is tainted, it will be difficult to pass the loan application. In addition, online merchant loans also pay more attention to the borrower's income and examine whether there is enough repayment ability. If the borrower temporarily applies for a non-online business loan, it is that the borrower's qualification does not meet the requirements of the service platform. Is Alipay's online loan formal? Related content.

How to close online commercial loans

Official website, an online merchant loan, shows that the borrower cannot manually close the online merchant loan. He needs to log in to the user's online merchant bank, then find online customer service and submit the cancellation materials and information content of his online merchant loan. Only with consent can the borrower close the personal online merchant loan account. The borrower should note that before applying for closure, the borrower must pay off all the loan principal and interest. If there are still outstanding or applied loans, online customer service will not agree to close the application for online business loans. And each borrower can only open an online merchant loan once. If the borrower chooses to close it and wants to open it later, there is a high probability that it will be rejected. Of course, when submitting the application for closing the online merchant loan, the borrower also needs to explain the reasons for closing the online merchant loan to the online customer service as appropriate. If the reason is sufficient, the probability of passing will greatly increase.

How many days is Alipay online merchant in loans overdue?

Loans overdue, Alipay's online loan, will be granted credit, because there is no grace period for online loan, so as long as it cannot be repaid on the repayment date, it will be regarded as overdue repayment. After overdue repayment, users will also report to the credit information system of the People's Bank of China at the beginning of each month, which is generally updated within 2-7 days after submission, subject to the actual update time. According to the provisions of the online business loan contract, online business loans cannot be negotiated for overdue repayment before they are overdue, and they cannot apply for negotiated repayment after they are overdue. After the online merchant loans overdue, not only will the credit information at the meeting affect personal credit, but also overdue interest will be generated, and overdue penalty interest will start to accumulate on a daily basis. Therefore, the online merchant must repay as soon as possible after loans overdue, otherwise there will be more and more overdue penalty interest, and the pressure will be great. This article is mainly about whether Alipay's online loan is formal. Relevant knowledge points are for reference only.