Borrowing is a loan service launched by Alipay. At present, the application threshold is more than 600 points for sesame seeds. According to different scores, the loan amount that users can apply for ranges from 1000-50000 yuan. The longest repayment period of the loan is 12 months, and the daily interest rate of the loan is 0.045%, which can be repaid with the loan.

In addition, users with sesame score above 700 can also apply for a "good term loan" (a product of Zhaolian Finance, in cooperation with Alipay), with a loan amount of 2000- 1 10,000 yuan. The loan term is divided into 3 months, 6 months and 65,438+02 months, and the loan can be repaid at any time, with monthly interest. The repayment method is equal principal and interest.

In other words, if your sesame score is above 700, you can borrow up to 60,000 yuan from Alipay.