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What is the loan quota of Alipay online merchants? How is interest calculated?

Source: Internet
Author: User
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What is the maximum loan amount for Alipay online merchants?

The maximum repayment period of online merchant loans is 12 months, and the maximum loan amount of Alipay online merchant loans is set to 10 thousand yuan.

How can I calculate the loan interest of Alipay online merchants?

The daily loan interest rate is 0.018%, and the loan is pay-as-you-go. The annual interest rate of 10 thousand yuan is 348.15 yuan.

Note: as long as the credit score reaches 550, you can apply for loans of different degrees based on different credit levels.

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