What is the reason for the loan failure?

If users find that their borrowers can't borrow now, it may be caused by the following reasons:

1. Violation

According to the latest regulations of Alipay, if users have many bad behaviors such as overdue and malicious cashing in the process of using flower beds or borrowing flowers, after being detected by Alipay system, users' flower beds and borrowing flowers will be forced to close. Therefore, if users find that their IOUs show that they can't borrow money, they can check whether they have overdue behavior.

2. As a student at school

According to the latest national regulations, small loan platforms are not allowed to provide any lending services to students without economic income. Therefore, the loan channel has been closed to students at school this year. If users find that they can no longer borrow products, it may be because their information is displayed as students at school.

3. Frequent prepayment

Although Lending Bao officially supports users to repay in advance, because Ant Lending Bao is a product calculated according to daily interest, if users choose to repay in advance, the Lending Bao system may not get any income. At this point, the system may also suspect that the user is suspected of cashing out. In order to avoid the loan risk, the user's loan credit line may be withdrawn, resulting in the user being unable to borrow any more.