It's a well-known loan product that you can apply for without collateral. Unguaranteed, one-time credit, revolving loans, long-term borrowing up to 12 months, with repayment, where you have the flexibility to use. Some might have some doubts about early repayments, which could have a negative impact, and let us explore them in depth。

Isn't it bad to borrow an advance payment? There may be these negative effects

To us, the earlier we pay, the less we fully support, the more we can reduce interest costs, because, based on the length of the borrowing, it is efficient to pay one day less. On the other hand, early repayment would mean, at least, a one-time settlement of the remaining arrears, which would result in a reduction in available cash, which might become too busy in the face of sudden economic needs. Whether or not to pay in advance would therefore be best served by a reasoned decision based on the actual circumstances of the individual。

However, there may be some new changes after borrowing early repayments. First of all, your borrowing may be slightly lower, and this adjustment is not necessarily related to early repayment, or may be influenced by such factors as your bad credit record or new large liabilities. Second, your sesame fractions may be down, but it is also not necessarily due to early repayment, but accounting for sesame fractions is the result of many factors, such as identification, asset certification and use. Finally, even if you pay back in advance and the loan is still available, you can submit a new request for borrowing, which can be repeated after a systematic review. It is noted, however, that it is not always possible to borrow successfully through an audit, again due to a number of factors, such as current credit conditions or user history records。

All of this, but with regard to some of the possible implications of borrowing an advance payment, the most appropriate form of repayment should be chosen according to your personal circumstances. The most important point was not to be late in payment. Finally, when you are ready to apply for a loan, it is important to take into account your real needs and solvency, and to make reasonable and moderate borrowing in order to avoid unnecessary financial risk。