Micro-credit payments, a credit product launched by microbanks, are similar to the “flowers” of the micro-credit version, designed to meet users' daily consumption needs. However, a large number of users reflect low levels of demand. How, then, can we effectively increase the amount of micro-credit? The following are some practical approaches。

How can we increase the amount of micro-credit? Try these methods

Increase frequency of use

Frequent use of micro-credit payments or other loan products on the micro-credit platform can increase account activity. The system will assess funding needs based on your level of activity and will consider whether to increase them. In addition, the increased use of Twitter to pay for daily living (e.g., utilities, property costs, etc.) has helped to increase the level of account activity and credit for micro-credit payments, which has greatly helped to raise the scale。

Add an asset certificate

Asset certification and income levels are an important basis for measuring repayment capacity. You can demonstrate your economic power by adding proofs of real estate, business licences, etc. At the same time, binding credit cards and maintaining good credit card use and repayment records will also provide a face-to-face picture of your asset position and solvency, which will greatly assist in raising the amount。

Maintaining personal credibility

Individual credit levels are a central consideration in the award of micro-credit. It was important to ensure that debt service was paid on time, avoid overdue payments and maintain a good record of correspondence. This would not only contribute to the stability of the existing levels, but would also provide a solid basis for future increases。

Reduction of loan applications

Minimize the number of inquiries and applications for loans on other loan platforms. Frequent loan applications are perceived by the system as a potential risk that may affect the assessment of the amount of the micro-credit payments. It was therefore important to maintain a reasonable frequency of loan applications。

Maintaining a stable trading environment

Avoid frequent changes of mobile phone numbers or changes of personal information to ensure the security and stability of the transaction environment. This will help the system to better identify you and reduce uncertainty in the risk assessment, thereby contributing to the increase in the scale。

In any case, the user may take appropriate measures to increase the amount of the micro-credit share, depending on his or her circumstances, but not blindly pursue a high amount. Successful withdrawals can be achieved by a reasonable assessment of their needs and repayment capacity。