Lending treasure is lent to bank cards by default. If you choose to lend the balance of Alipay account, you will need to charge if it exceeds the free amount. It is suggested that the bank card be directly selected as the collection account of loan funds.

You can buy a fund by borrowing money, or you can buy a fund after borrowing money, but the income of the fund can't be worth the interest on borrowing money. The daily interest rate for Alipay ants to borrow money is four ten thousandths. To put it bluntly, it is to borrow 6,543,800 yuan, and interest 4 yuan money every day.

The principal and interest of the loan are not repaid together after one year, but part of the principal and interest is repaid every month, so the actual annual interest rate has reached more than 15.6%.

Extended data:

Alipay users with sesame credit above 600 points have the opportunity to open ant borrowing. The amount of loan applied is high or low, ranging from 1 1,000 yuan to 50,000 yuan. The specific amount is comprehensively evaluated by the system according to the user's consumption habits.

The time for ants to borrow money to withdraw cash is determined by Alipay's withdrawal time. The withdrawal time is within two hours, before 24 o'clock the next day. Generally speaking, withdrawals from 6: 00 to 20: 00 will be received within 2 hours and before 24:00 the next day after this time.