This article list: 1. How is the interest calculated on Taobao loan??? 2. What is the interest rate of Taobao order loan? 3. Taobao loan 4. Taobao loan application conditions_Taobao loan repayment process_Taobao loan interest rate How do you calculate the interest on the loan on Taobao??? 1. Interest = loan amount * actual use of Taobao order The interest rate of the loan is the number of days * 5/10,000; penalty interest = loan amount * overdue days * 7.5/10,000; the interest rate of the credit loan Taobao order loan is about 5.2/day (ie 0.052% per day); for on-time repayment of Taobao order loan interest, users with good loan credit records can enjoy lower loan interest rates. 2. The formula for calculating interest is: interest = accumulative interest accrual product x daily interest rate, where accumulative interest accrual product = total daily balance. The product interest calculation method is mainly used to calculate the interest on deposits and loans whose principal changes frequently, such as demand deposits. The interest calculation method is to use the determined principal and the agreed interest rate to calculate the interest one by one according to the interest calculation formula. 3. How to calculate the interest of Taobao order loan? The interest of the loan is calculated on a daily basis based on the actual number of days of use. Daily interest = loan principal balance on the current day * expected annualized interest rate on the current loan day (the actual daily expected annualized interest rate is subject to the signing of the contract), and no interest is calculated on the repayment day. 4. If the interest rate agreed by the borrower and the lender does not exceed the annual interest rate of 24%, if the lender requests the borrower to pay the interest according to the agreed rate, the people's court shall support it. The interest rate that leasehold both sides agrees exceeds annual interest to lead 36% , the accrual agreement that exceeds a share is invalid. 5. Taobao loan interest interest = actual loan principal * actual number of days used * current daily loan interest rate. The daily interest rate of Taobao loans is 5/10,000. That is to say, if you want to borrow 10,000 yuan, the interest cost you need to pay every day is 5 yuan. According to this calculation, the annual interest rate is 18% after adding up the daily interest rate of 5/10,000. How much is the interest of Taobao order loan? No interest will be calculated on the day of repayment. How much is the interest on the order loan? How to calculate? The interest of the loan is calculated on a daily basis based on the actual number of days of use. Daily interest = loan principal balance on the current day * expected annualized interest rate on the current loan day (the actual daily expected annualized interest rate is subject to the signing of the contract), and no interest is calculated on the repayment day. There are two types of Taobao credit loans. The daily expected annualized interest rate of credit loans with a credit period of 6 months is about 6/10,000 per day (that is, per day), and the interest of 10,000 yuan is 6 yuan a day. The interest on Taobao order loans is 0.05% per day, which means that you need to repay 5 yuan for every 10,000 yuan borrowed, but the calculation unit is calculated on a daily basis. Conditions of Taobao order loan: 1. The borrower is over 18 years old and has a personal store on Taobao. 2. The store has been open continuously for more than 2 months and is in good operating condition. How much is the 6-month interest of Taobao loan? The monthly interest is paid on a monthly basis, and the principal is repaid at maturity. The daily interest is 6 ten thousandths. Mao also has a 3-month short-term credit loan with a daily interest rate of 5/10,000. The repayment will be made at 30% after the order arrives, and the interest will be calculated in a few days. The interest of the loan is calculated according to the actual amount used and the number of days, the interest is calculated on the day of borrowing, and the interest is not calculated on the day of repayment. The interest rate for Taobao order loans with a loan period of 6 months is 0.053% per day; while the application period is 12 months, the interest rate is 0.05% per day. The current daily interest rate of an order loan is about 0.5/10,000, that is, the daily interest for a loan of 10,000 yuan is 5 yuan; the interest is calculated according to the actual amount used and the number of days, and the interest is calculated on the day of borrowing, and no interest is calculated on the day of repayment. For Taobao sellers’ loans, the interest rate is daily for 6-month loans, and daily for 12-month loans; and daily interest is charged uniformly for order loans. That is, the monthly interest rate is about 0.7%, and only the interest is repaid in the first to fifth months. The interest rate of Taobao order loans is Hello, and the daily interest rate is 6/10,000, which is lower than Taobao’s interest rate. However, if it is used for operation, it needs to pay 180 yuan interest every month, and the half-year interest of 30,000 yuan bank loan should be the interest of Taobao order loan: 1260 yuan. According to this calculation, the annual interest rate is 18% after adding up the daily interest rate of 5/10,000. Taobao loan calculates the interest according to the actual amount used and the number of days, the interest is calculated on the day of borrowing, and the interest is not calculated on the day of repayment. Compared with the bank's one-year loan interest rate of 6%, the Taobao loan interest rate is indeed a bit high. Taobao loan application conditions_Taobao loan repayment process_Taobao loan interest rate 1. First, open the Taobao loan (daikuan.taobao.com) homepage and click on the order loan or credit loan on the right. If you are a seller, click on "Seller Center" and click on "Taobao Loan". Or after you log in to the seller center, you can also successfully enter the Taobao loan page by clicking the "loan amount" below. 2. As long as Taobao sellers meet certain conditions, and the seller currently has a qualified "seller has shipped" order, they can apply for Taobao order loans. Successful loan applications will be directly issued to the applicant's personal Alipay account . 3. The bank reviews and investigates the submitted application materials. After the bank examines and investigates, the borrower and the lender sign a loan contract, and the application is considered successful. After the loan is successful, the bank loan applicant uses the loan. The shop owner needs to repay the Taobao shop run by Mr. Li on schedule according to the contract.