Advantages of Baitiao: After activating Baitiao, if the user can borrow and repay on time during use, a good record will be left on the credit report, and he can enjoy financial services with a good record. Sometimes you can avoid paying interest on purchases made with IOUs.

Baitiao brings disadvantages: early consumption involves debt. If the user uses Baitiao to make loan purchases, debt will be incurred. You will need to repay the loan on time each month in the future. Failure to repay on time may lead to the risk of overdue payment. After all, Baitiao has a fixed repayment date. Once everyone fails to repay on time, a bad loan record will occur.

Notes on using Jingdong Baitiao

Pre-sale products: You cannot use Baitiao to pay the deposit for pre-sale products, but the balance can be used.

It should be noted that ordinary Baitiao requires a good consumption record on JD.com. During the activation process, a debit card or credit card needs to be bound to verify the identity. JD.com will determine whether a debit card needs to be bound based on the user’s consumption on JD.com. Or a credit card. Generally, those with higher membership levels only need to bind a debit card.

IOU quota: It should be noted that the campus IOU quota is determined based on the applicant’s student status. The amount of ordinary Baitiao is related to the user's consumption on JD.com. The more you spend, the higher the level, and the corresponding quota will be higher, and the quota can be increased later.

Reference for the above content? Baidu Encyclopedia-JD Baitiao, People's Daily Online-JD shopping can make Baitiao