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The next line of the ants gold flag is the consumer credit product, which provides the user with a certain amount of borrowing for capital turnover for daily consumption. For many users, the issue of borrowed recovery is one of their focus. So, what if you pay back the amount for a few days? We're doing it from multiple angles。
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First, the amount borrowed is related to the credit position of the user. Ants assess the credit ratings of users by analysing their credit records, consumption preferences, repayments, etc., and determine the amount of the loan according to the credit ratings. As a result, the recovery of the amount is faster for better credited users, and may take longer for less credited users。
Second, the amount borrowed is also related to the frequency of user use. If users apply for loans on multiple occasions and use them frequently, the recovery period may be longer after repayment of the loan. The rate of recovery has slowed, as frequent borrowing and use may have some negative impact on the credit of users. On the contrary, if users use less and pay back on time, the level of recovery may be faster。
In addition, the level of the loan recovery is related to the amount of the loan and the amount repaid by the user. When borrowing is used, the amount that the user can borrow and the amount repaid is subject to certain fluctuations. If the amount borrowed by the users is lower and is repaid in full and on time, the recovery will be relatively rapid. If the amount borrowed by the user is higher or the repayment is insufficient, the recovery period may be delayed。
Finally, user time will also affect the recovery of the borrowed amount. If the user has used borrowing for longer periods and no late repayments are recorded, the amount may recover faster when the user has repaid the loan. Because of the long period of use, users can establish a good credit record and improve credit ratings, thereby obtaining a faster recovery。
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