Alipay has many high-quality and reliable credit products, the most famous of which is Ant Borrowing. It is a pure credit loan with no mortgage guarantee. As long as you complete Alipay certification, you can get the normal use quota. Similar to other consumer loans, Alipay also stipulates the purpose of the loan, which can only be used for personal consumption, decoration, tourism and so on. So will ants check the use when they borrow it?

1. What are the uses of ants?

Alipay clearly stipulates that loans should not be used in illegal ways that violate national laws and regulations, and should not be used in areas prohibited by state regulatory authorities, such as investing in stocks, bonds and usury.

Normal use can be used for car purchase, decoration, travel, going abroad, shopping, wedding, studying abroad, business, etc., as long as it can meet the daily consumption needs.

Second, if ants borrow it, will they check the use?

Usually not. Simply put, as long as the ants borrow money and withdraw it to the bank card, the subsequent use of Alipay will not be found.

Now Alipay can realize investment and wealth management, fund stocks, insurance and other businesses. Applying for ant borrowing, the amount and investment amount are exactly the same or not much different, which may be risk control.

Suppose Xiao Wang wants to invest in stocks, apply for a loan of 1 0,000 yuan from Ant Financial, and buy stocks immediately after receiving the account. This amount may be monitored by Alipay, thus freezing your credit limit.

In addition, credit card lending is also a gray area. Strictly speaking, this is not allowed, but many people still choose to borrow and return their credit cards.

I suggest that you don't rush to operate after the ants borrow money, and don't apply for the same amount as the consumption investment, so you can avoid risk control appropriately.