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How much is the interest of 2018 ant loan

How much is the interest of 2018 ant loan

Sihai network: Alipay launched the function of ant borrowing. Users can apply for loan working capital on the above. If money is lacking, it can solve the urgent need. How much is the interest of the 2018 ants? Let's have a look.

How much is the interest per day?

No matter how many days it is borrowed, the interest is collected according to 0.045% interest. The same is true for one day and 12 months.

The specific calculation method is: interest = principal & times; expected annual interest rate on the day, total repayment = principal + Interest: (for example) suppose you borrowed 100 yuan on the loan, only borrowed for one day, and you have to pay so much money on the second day: 100 + 100 * 0.045% = 100.045 yuan, and you have to pay 0.045 yuan of interest.

You can see that the interest on loan seems to be relatively small, but by now, it is still in the testing stage. Its application threshold is very high. The credit score of sesame is over 600, and users who have frequent use of Alipay have the chance to get it. This makes it easy for the girl who doesn't need Alipay to handle the credit card easily.