Will the amount of Ant Huabei installment be reduced?

After the user uses installment, the available credit limit will be reduced, but it will not affect the total credit limit. Unless the user's overdue repayment results in a decrease in Zhima's credit score, the next time the system evaluates Huabei, it is deemed that the user's comprehensive credit score has been lowered, and then Huabei's total credit limit will be lowered.

If you want to increase your Huabei limit, you must repay every installment on time and maintain a certain level of activity. Only then will your Huabei limit be increased.

Extended information:

Repayment method

Users can advance the amount of Ant Huabei when consuming, and the amount will be paid in the next month after confirmation of receipt. Repayment is made on the 9th, and the interest-free period can be up to 41 days. In addition to the "buy this month, pay back next month, super long-term interest-free" consumption experience, Ant Huabei also launched the Huabei installment function, where consumers can repay in 3, 6, 9, or 12 months.

The 9th of every month is the repayment date for Huabei. Users need to pay off the Huabei bills that have been generated on the repayment date. On the due date of repayment, the system will automatically deduct the balance of Alipay account, Yu'E Bao (requires Yu'E Bao deduction function), and debit card quick payment (including card) to repay the unpaid portion of the bill. You can also take the initiative to make repayments. To avoid overdue payments, please ensure that your Alipay account has sufficient funds. If the payment is overdue, a late fee of 0.05% will be charged per day.

Baidu Encyclopedia - What will be the impact after the Ant Huabei Huabei installment is successful?

The installment repayment of Huabei will not affect the increase in the limit, on the contrary, it will also increase the personal Credit score increase limit.

How to repay Huabei in installments:

After the installment is repaid, Huabei only needs to repay it on time, and it will not affect my credit card or reduce the limit; < /p>

Huabei customers can apply for Huabei installment repayment between the 1st and 10th of each month. The premise is that they use Huabei to pay when shopping. The number of installments is generally 3 /6/9/12 issues, the higher the number of issues, the higher the interest;

The longest interest-free period of Huabei is 41 days. If I cannot pay off the loan in time before the repayment period, it will occur. Interest.

Summary: Huabei’s installment can help increase your credit limit, but you must repay it in time.

Users can advance Ant Huabei’s credit when making purchases and repay on the 9th of the next month after receipt of the goods is confirmed. The interest-free period can be up to 41 days. In addition to the consumer experience of "buy this month, repay next month, super long-term interest-free", Ant Huabei also launched the Huabei installment function, where consumers can repay in 3, 6, 9, or 12 months.

The 10th of every month is the repayment date for Huabei. Users need to pay off the Huabei bills that have been generated on the repayment date. On the due date of repayment, the system will automatically deduct the balance of Alipay account, Yu'E Bao (requires Yu'E Bao deduction function), and debit card quick payment (including card) to repay the unpaid portion of the bill. You can also take the initiative to make repayments. To avoid overdue payments, please ensure that your Alipay account has sufficient funds. If the payment is overdue, a late fee of 0.05% will be charged per day.

Information expansion:

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.

Ant Huabei has been officially launched since April 2015. It is mainly used for shopping on Tmall and Taobao. It has been loved by consumers, especially those born in the 80s and 90s. In order to better serve consumers, Ant Huabei began to break the restrictions of shopping platforms and expand its services to more online and offline consumption areas.

In just half a month since Ant Huabei was launched, more than 1.5 million merchants on Tmall and Taobao have opened Huabei. Many merchants that respond faster have begun to modify product descriptions and directly add the words "Support Huabei" in order to attract consumers more accurately.

The person in charge of the Durex Tmall flagship store told reporters that a product specially launched for new users of Ant Huabei sold more than 10,000 copies in one day, and the week's inventory was sold out.

Data shows that after merchants accessed Ant Huabei Installment, transaction conversion increased by 40%.

During Double Eleven in 2015, Ant Huabei gave full play to its worry-free payment product capabilities, making a total of 60.48 million payments throughout the day, accounting for 8.5% of Alipay's overall transactions.

In 2017, Huabei exclusively titled "Super Dimension Idol".

On June 14, 2017, Ant Financial CEO Jing Xiandong announced, "The technical capabilities and products accumulated by Ant Financial will be fully open to financial institutions, one by one when they mature. Opening up will not There are differences between close and distant, and the only selection criteria is whether it is innovative and has user value. "

On May 18, 2018, Huabei, a consumer credit product of Ant Financial, announced that it would be open to banks and other financial institutions.

Reference materials

Does Ant Huabei Baidu Encyclopedia Huabei installment affect Huabei quota?

Hello

Spending installments will not affect the amount of Huabei. As long as you pay the installments on time, you will be fine if you pay back the amount in a punctual environment. For example, you have 1,000 yuan to pay back. You pay it off over the course of a year. 90 a month. If you pay it back on time, there won't be any impact. The amount you pay.