How is the repayment date of Xiaomi loan determined?

If you apply for Xiaomi loan for the first time on June 65438 +0-28, the application date will be regarded as the monthly repayment date of each loan in the future; If you apply for Xiaomi loan for the first time on March 29th1day, the monthly repayment date is 28th. Once the repayment date is determined, it will not be changed; Since then, the repayment date of each millet loan is this date.

How to repay Xiaomi loan?

1. interest calculation The interest rate of Xiaomi loan is calculated at 0.05% per day. Interest is calculated from the date of loan issuance, and interest is not calculated on the repayment date. If you have overdue principal or interest, the overdue interest rate of overdue principal or interest is 65438+ 0.5 times the normal loan interest rate, that is, 0.075% per day.

2. Repayment date: 10 is the repayment date of Xiaomi loan every month. You apply for a successful loan from 1 to 3 1 day in the current month, and the first repayment date of this loan is the next month1day, and so on, up to 6 loans can be made. If you have multiple loans, all the amounts due on the repayment date will be calculated, which is the amount due on the repayment date.

3. Repayment method Xiaomi Loan currently supports six loans. The repayment method is to pay interest on a monthly basis and repay the principal at maturity. That is, the first five of the six loans only need to pay the interest generated by the loan every month, and the last one 1 needs to pay the interest and loan principal of the last month.

4. prepayment starts from the second day after the loan is successful, and you can prepay at any time. Interest payable shall be calculated according to the number of days up to the repayment date.

5. Repayment due: On the day of 10 of each month in the repayment period, you can repay the current loan by clicking the Repayment button in the Loan Home-Repayment Plan.

6. If you fail to repay the loan at the latest repayment time, the penalty interest will be calculated from the next day. The penalty interest rate is 0.5 times of the loan interest rate of 65438+, which will affect your credit information. Please be sure to repay or recharge the corresponding bank card before the loan expires, so as not to affect your reputation.