How to activate Sesame Credit Loan
With the popularity of mobile payment and the improvement of the credit system, Sesame Credit Borrowing has attracted the attention of more and more users as a convenient credit lending product. This article will introduce in detail the activation process, conditions and frequently asked questions of Sesame Credit Borrowing to help you quickly understand and activate this service.
1. What is Sesame Credit Loan?
Sesame Credit Borrowing is a credit lending product launched by Alipay. Users can obtain a certain loan limit based on their Sesame Credit Score for daily consumption or emergency turnover. The characteristics of Jiebei are fast approval, fast payment, and flexible repayment, which is deeply loved by users.
2. Conditions for opening Sesame Credit Loan
To open a Sesame Credit loan, you need to meet the following basic conditions:
| Conditions | Description |
|---|---|
| Sesame Credit Score | Usually requires more than 600 points, some users may need higher scores |
| Alipay real-name authentication | Alipay real-name authentication must be completed |
| Account activity | Frequently use Alipay for consumption, transfer and other operations |
| Good credit history | No bad credit history or overdue behavior |
3. How to open Sesame Credit Loan?
The steps to open Sesame Credit Loan are as follows:
| steps | Operating Instructions |
|---|---|
| 1. Open Alipay | Log in to the Alipay APP and ensure that the account has been authenticated. |
| 2. Enter the borrowing page | Search "Jiebei" on the Alipay homepage or click "My" - "Jiebei" |
| 3. Check the limit | The system will display the available limit based on your credit situation |
| 4. Confirm activation | Click "Open Now" and follow the prompts to complete the operation |
| 5. Use of borrowing | After successful opening, you can borrow money according to your needs. |
4. Sesame Credit Loan Amount and Interest Rate
The loan limit and interest rate of Zhima Credit vary from person to person and mainly depend on the user's Zhima Credit score, account activity and historical borrowing history. The following is general reference data:
| Sesame Credit Score | Borrowing amount range | daily interest rate range |
|---|---|---|
| 600-650 | 1000-5000 yuan | 0.05%-0.1% |
| 650-700 | 5,000-20,000 yuan | 0.04%-0.08% |
| 700 and above | 20,000-50,000 yuan | 0.03%-0.06% |
5. Frequently Asked Questions
1. Why can’t I activate my borrowing service?
Possible reasons include: insufficient Zhima credit score, lack of real-name authentication of the account, poor credit record, or low frequency of Alipay usage. It is recommended to improve your credit score and increase the frequency of using Alipay.
2. What are the repayment methods for borrowing money?
Jiebei supports a variety of repayment methods, including active repayment, automatic deduction and installment repayment. Users can choose the appropriate repayment method according to their own needs.
3. What are the consequences of overdue borrowing?
Overdue payment will affect Zhima Credit Score and may result in penalty interest. Serious overdue loans may also be recorded on personal credit reports, affecting future loan applications.
6. Summary
Sesame Credit Borrowing is a convenient and fast credit lending tool with simple opening conditions and flexible use. By improving your Sesame credit score and maintaining a good credit history, you can get higher limits and lower interest rates. I hope this article can help you successfully open and use Sesame Credit to borrow money.
check the details
check the details
en
