It is still relatively reliable.

Shengbei is a balance repayment service. If your credit card is maxed out and you are under pressure to repay the money, you can use Shengbei to borrow money. However, you need to register and apply for Shengbei, and you can only borrow money after passing the review. For you.

Shengbei is a mobile software that provides credit card users with low-interest and efficient credit card bill installments. It was developed by Shenzhen Samoyed Financial Services and is the first Internet financial product in China to introduce online balance compensation.

The operating principle of "Shengbei" is that when the credit card bill is due, banks will generally provide two repayment methods: "bill installment" and "minimum repayment amount repayment" to buffer the user's repayment pressure. , but the corresponding users will have to pay a high interest rate of up to 18.25% (annualized).

Shengbei is the third repayment method for credit cards in addition to "bill installment" and "minimum repayment amount"; its approval speed can be completed in half an hour at the fastest, and it can be completed within In addition to the credit card limit, users can add a Shengbei limit, which can be used to repay credit card bills. You can also enjoy interest rates starting from 40% off the minimum credit card repayment amount interest rate (18.25% annualized).

The advantages of its products are:

1. One quota: you can apply without asking, and you can easily get one quota in one song;

2. Arrival in three seconds: It only takes 3 seconds, and credit card repayments are credited to all banks in one go;

3. 40% off discount: minimum repayment interest rate starts at 40% off, repayment in installments, the better your credit standing, the discount The bigger.

Extended information

Ant Huabei is a consumer credit product launched by Ant Financial. After applying for activation, you will receive a consumption limit ranging from 500-50,000 yuan. When users are consuming, they can prepay Ant Huabei's credit and enjoy the shopping experience of "spend first, pay later".

On August 4, 2016, Ant Huabei’s consumer credit asset-backed securities project was listed on the Shanghai Stock Exchange. This was also the first Internet consumer finance ABS on the Shanghai Stock Exchange.

As of January 2018, Ant Financial has taken the initiative to invest 8.2 billion yuan in two small loan companies, raising the registered capital from 3.8 billion yuan to 12 billion yuan. On May 18, Huabei announced that it would open to banks and other financial institutions.

Industry insiders believe that banks and other financial institutions have capital and risk control experience, and Huabei has consumption scenarios and risk control data. Both parties have their own strengths and complement each other. Therefore, cooperation can not only enable finance to truly serve the reasonable consumption needs of users, but also better control risks, reduce capital and service costs, and benefit the development of the industry.