Four seas network: people in modern society are increasingly pursuing material and spiritual enjoyment. The concept of early consumption has been deeply rooted in the hearts of the people. Ants believe that many people are familiar with the word "Bai", that is, Alipay gives you a certain amount of borrowing according to your account status. So you know what happens when ants borrow money and don't pay back? Let's have a look.
Ant financial services group (hereinafter referred to as "ant gold clothing") started in 2004, Alipay. In October 2014, ant financial was officially established. The small and micro businesses of the ant's golden dress are the vision of the world, and are committed to creating an open ecosystem. Through the Internet thruster program, we help our financial institutions and partners accelerate to the Internet plus, providing inclusive financial services for small and micro businesses and individual consumers. On January 9, 2018, or due to excessive leverage and violation of relevant regulations of the central bank, some user accounts were closed to control the loan balance.
"Bai" is a loan service launched by Alipay. The threshold of application is that sesame is over 600. According to different scores, the amount of loans that users can apply for varies from 1000-300000 yuan. The maximum term of repayment is 12 months. The daily interest rate of the loan is 0.045%.
What will happen if ants borrow money and don't pay it back
As the saying goes, it's natural for ants to borrow money as a credit loan. When they apply for it, they don't need a guarantee loan. They also rely on users' self-consciousness to repay money. Some users said that since I had no collateral or guarantor when I applied, could I not pay back the money? What would happen if ants borrowed it?
The consequence of the ant's overdue loan
1. Direct impact on Sesame credit score
Sesame scores are related to many factors, such as consumption habits, identity information, credit records, borrowing and using. Among them, borrowing is a loan product. If overdue money is not paid back, Alipay will be directly lost and the score will be greatly reduced.
2. High penalty interest
In fact, the interest rate of ant loan is not particularly high in private loans, and it is still at a reasonable level. Of course, the interest rate of ant loan is much higher than that of bank loan, which is more convenient and reliable. It can be used at any time, and the interest is calculated on a daily basis. If the user fails to pay the overdue payment, the default interest will be calculated on a daily basis. The default interest rate is 1.5 times of the normal interest rate, which is not too much, so pay back the money as soon as possible.
3. Automatic deduction and collection
If you bind the express payment or debit card in Alipay, or the balance treasure, the balance will be rich, it will automatically deduct the corresponding arrears, automatic deductible order balance, balance treasure, binding bank card and flower chant.
4. No borrowing
It's very difficult to open up the loan in the future. It's a pity for xicaijun. As a relatively good private loan, the loan is low in interest and fast in lending. The original amount is difficult to obtain, because if it's overdue, it loses the qualification of re borrowing, and the gain is not worth the loss.
How to open ant loan quickly
1. New users complete real name authentication [specific authentication method]
2. The account is normal and the security level is improved. Now face recognition must be carried out and the positive and negative sides of personal ID card must be uploaded
3. Sesame credit score must be above 600
4. You must bind your mobile phone number