Alipay has what consumer finance

The consumer finance under Alipay are: ant chanting, ant borrowing, ali finance, net business loan, and zhucai treasure.

1, Ant Chanting

Ant Chanting is a consumer credit product launched by Ant Gold, as long as the Sesame Credit Score is above 600 points, you will have the opportunity to obtain a certain amount of credit, open to use, the amount is 500-50000 yuan, repayment can be made by the 10th of the next month, or you can choose to pay back the installment of 3, 6, 9, 12 months.

2, Ant Chanting

Ant Chanting is a consumer credit product under Ant Microfinance, which provides us with credit borrowing services, and some of the users with a Sesame Credit Score of 600 or more have the opportunity to apply for Chanting. The amount is between 500-300,000 yuan, the loan period of up to 12 months, the daily interest rate ranges from 0.02-0.05%, the current stage of the daily interest rate of 0.04%, good credit users can get preferential lending interest rate of 0.03%, pay back as you borrow.

3, Ali Finance

Ali Finance, also known as Ali Microfinance, is a microfinance business unit under the Microfinance Financial Services Group (chips), which is mainly oriented to microenterprises and individual entrepreneurs to provide microcredit and other businesses. At present, Ali Financial has launched Taobao (Tmall) credit loans, Taobao (Tmall) order loans, Ali credit loans and other micro-credit products.

4, online business loan

Online business loan serves small and micro enterprises, mass consumers, rural operators and farmers, and small and medium-sized financial institutions. The application threshold is the same as the previous chanting, the loan amount is up to 10,000 yuan, the loan daily interest rate is 0.05%, the borrowing period of 12 months, the use of equal principal repayment method.

5, the treasure

The treasure is the open financial information service platform of the ant gold service, the small and medium-sized enterprises and individuals can release the borrowing products through the treasure platform, and by the financial institutions or the guarantee company to provide the principal and interest payment of the credit measures.

Extended information:

Consumer finance company refers to a consumer finance company authorized by the China Banking Supervision and Administration Commission, established within the territory of the People's Republic of China*** and does not absorb public deposits, and provides loans for consumption purposes to individual residents in China based on the principles of small amount and decentralization.

The business of consumer finance companies mainly includes loans for personal consumer durables and general-purpose personal consumption loans, credit asset transfer and interbank lending, and issuance of financial bonds. The establishment of a new type of financial institution, such as a consumer finance company, is needed to promote the transformation of China's economy from investment-led to consumption-led, said the CBRC's Department of Supervision of Non-bank Financial Institutions.

Reference:

Baidu Wikipedia-Consumer Finance

Reference:

Reference. Baidu Encyclopedia - Ant Chanting

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