When is the repayment date of Alipay's time loan?

"Alipay Wallet Zhaolian Good Term Loan" is a credit loan product jointly launched by Zhaolian Finance and Alipay. Sesame scores more than 700 points, and users with excellent credit can also apply for opening a "good loan". Then the problem is coming. What is the interest period of the repayment interest rate of Alipay wallet?

The amount of "Alipay Wallet Loan with Good Term" is between 2000- 10000 yuan, and the loan term is divided into 3 months, 6 months and 12 months. Repayment can be made at any time, with monthly interest. The repayment month is calculated at the daily interest rate (0.045%), and the repayment method is equal principal and interest. Users with sesame scores above 600 can apply for loan lines ranging from 1000 yuan to 50,000 yuan. In other words, if your sesame score is above 700, you can borrow up to 60,000 RMB from Alipay.