Steps/Methods

Although the borrower will not submit the borrower's credit report for one day overdue, it has the following effects:

1. The borrower needs to repay the overdue fee of the flower bud, which is .5% of the borrowed amount every day. If the borrower borrows 5, yuan from the flower bud for 15 days overdue, it needs to pay an overdue fee of 37.5 yuan;

2. Although the borrower will not submit the credit report for one day overdue, Alipay will reduce the amount of flowers for the borrower;

3. When Alipay's risk control is strict, the borrower's flower garden will be closed due to the borrower's overdue repayment, and the borrower can't use the flower garden in the near future;

4. The borrower's sesame credit score will be deducted from Alipay one day after the payment is overdue, which will affect the borrower's borrowing on other lending platforms.

Influence of overdue flowers

First of all, if your flowers are overdue, there will be overdue fees. Generally, the overdue fees will be charged with interest according to five ten thousandths of the unpaid amount. And interest will be calculated every day before you pay it off.

Secondly, the overdue record of the flower buds will be reported to Sesame Credit, so the overdue flower buds will affect the individual's sesame score. This will lead to not only that you can't enjoy the various benefits provided by Alipay, but also that many behaviors will be restricted when you use the flower buds. If it is serious, the use of the flower buds will be restricted if there is a quota, and even the money will not be restored.

moreover, because the overdue flower buds will affect personal credit, those who are seriously overdue will not be able to apply for any loan under Ant Financial, and other platforms, including banks, will not accept your loan and credit card applications.

If the flower buds are overdue for one day, the impact is not great, but everyone should pay attention to timely repayment, because once the flower buds are overdue, personal credit and sesame seeds will be affected. If the circumstances are serious, it is impossible to apply for loan business, which is not limited to Ant Financial Service Platform.