Second, the production companies are different. Huanbai is an APP jointly operated by Chongqing Focus Microfinance Co., Ltd. and Shanghai Shuhe Information Technology Co., Ltd. Bai Hua is a consumer credit product launched by Ant Financial.
Third, different interests. The loan service provided charges interest, and users will not generate interest if they don't use the billing installment service.
Fourth, the credit impact is different. After the loan service provided by the user is overdue, the repayment will upload the overdue record of the user to the personal credit information system of the People's Bank of China. After the flower bud is overdue, the overdue record of the user will be uploaded to Sesame Credit by the flower bud.
Fifth, the degree of convenience is different. Users will receive the loan within 1 hour at the earliest after applying for repayment. After the garden is opened, you can use it directly without applying.
Sixth, the number of registered users is different. By April of 20 19, the number of registered users of Huanbai exceeded 30 million, and the number of users in Bai Hua exceeded 300 million.
Huanbai and Bai Hua are two different products, and users can choose the product that suits them according to their own needs. Users should live within their means and don't be over-indebted.