How to repay using Sesame Credit

Question 1: How to repay using Sesame Credit. Credit Sesame? You are talking about Huabei.

1. Open your Alipay wallet on the 9th of every month.

2. Find Huabei on the homepage

3. Choose to repay immediately.

Question 2: How to repay Sesame Credit? Sesame Credit is mainly for credit inquiries.

Zhima Credit is an independent third-party credit reporting agency under Ant Financial. It uses cloud computing, machine learning and other technologies to objectively present an individual’s credit status. It has been used in credit cards, consumer finance, financial leasing, hotels, It provides credit services to users and merchants in hundreds of scenarios such as renting a house, traveling, dating, classified information, student services, and public services.

Question 3: How do I repay the money I borrowed from Sesame Credit? Payment will be automatically deducted upon maturity.

Question 5: How to repay the Sesame Credit loan? Just deposit the money and repay the loan

I hope it can help you. If your problem is solved, please click to accept it. Thank you.

Question 6: After using Alipay’s Sesame Credit, can you directly debit the bank card when repaying? Dear, you need to set up automatic repayment yourself!

Question 7: Please tell me how to repay with Sesame Credit points. This is my first time using Sesame Credit points to shop on Taobao. How can I repay with Sesame Credit points? The specific scoring method has not been announced, but paying more with credit can increase Sesame points. Paying without credit to add points will be slower

Question 8: I want to ask how to repay things with Sesame Credit. It is reflected by sesame points. As long as you repay on time, you can have the opportunity to improve.

Question 9: Can the Sesame Credit repayment date be changed? No, it is all on the 10th.

Question 10: How to increase Sesame Credit in Alipay? 10 points In addition to your college entrance examination score, another number that is very important to you is born: Sesame Credit score.

On January 28, Sesame Credit, a subsidiary of Ant Financial, began public beta testing, with the Sesame Credit column appearing in the "Wealth" column of some Alipay wallet users.

At the end of September 2014, Chao Xiance first exposed Sesame Credit, which was under preparation; on the afternoon of January 5, 2015, the People's Bank of China issued the "Notice on Preparing for Personal Credit Investigation Business". Eight institutions including Zhima Credit Management Co., Ltd. and Tencent Credit Information Co., Ltd. are required to make preparations for personal credit reporting business, and the preparation time is six months.

23 days later, Sesame Credit was launched into public beta, and personal credit reporting officially started in China.

After the Alipay wallet is updated to version 8.5, public beta users can directly see their Sesame Credit scores by opening the wealth column. The minimum score is 350 points and the maximum is 950 points. Among them, 350~550 is poor, 550~600 is medium, 600~650 is good, 650~700 is excellent, and 700~950 is excellent.

Chaoxiance is a public beta user, and its Sesame Credit score is "725". During the public beta period, Alipay Wallet also set up social interaction. You can click on the "Credit PK" mini-game to compare with friends who has a higher credit score. With the other party's authorization, users can directly check the other party's Zhima Credit Score.

Among the friends who tried to check Chao Xiansheng, two of them exceeded 730 points, and most of the rest were concentrated in the "650~700" excellent column. It is estimated that this open test of Sesame Credit is for better credit. , users with high activity levels.

What is Sesame Credit’s scoring system?

Sesame Credit explains that this score has five dimensions. They are the individual user's credit history, behavioral preferences, contract performance capabilities, identity traits and personal relationships.

What can Sesame Credit do?

Currently, there are five major functions in the "Credit Life" column of Sesame Credit, namely travel, accommodation, finance, shopping and social networking.

However, during the public beta period, only travel and accommodation are enabled. You can use Sesame Credit to rent a car without deposit, and book hotels under Alibaba's Qua Travel.

Sesame Credit’s score refers to the U.S. credit scoring mechanism FICO (its score ranges from 300 to 850). It has richer credit records than the central bank’s personal credit information system, and covers a more grassroots population, including many who have never People with loan and credit card records.

Similar to FICO scores, Sesame Credit does not publish specific scoring rules, but only publishes general scoring dimensions, allowing users to have directions to improve their credit scores, but it cannot do so through one or two specific behaviors. Increase your credit score to eliminate malicious cheating.

As a subsidiary of Ant Financial, Zhima Credit owns Alibaba’s e-commerce transaction data and Alipay’s Internet financial data, including Yu’e Bao, Zhaocai Bao, coal, electricity, water and gas and other life payments and credit card repayments, etc. Alipay business data, at the same time, Sesame Credit also has public security data provided by the Public Security Network.

Three major data sources and five dimensions constitute the user’s basic credit score. How can you effectively improve your Sesame Credit score without understanding the scoring details?

According to Chaoxiansheng’s analysis, first of all, Alibaba’s e-commerce department, Tmall, Taobao, Juhuasuan and other shopping accumulative quotas, shopping categories, return and exchange records, and even Alibaba Wangwang’s chat records are all important to Sesame Credit Scoring criteria. In fact, Chao Xiansheng found that users with high ratings are basically heavy users of Alibaba e-commerce.

Secondly, using the Alipay credit card repayment function and paying back in time can effectively improve your Zhima credit score. Sesame Credit currently does not interface with the central bank's personal credit system. Credit history mainly includes past credit account repayment records and credit account history. Since there is no personal loan record, credit card repayment records are particularly important. The credit card repayment function is the first of its kind in Alipay and has been recorded for three or four years. In the first dimension, credit card repayment records are estimated to play a large factor. The high rating of Chaoxiancei has a lot to do with the opening of Alipay credit card repayments and timely repayment habits. Compared with a friend with similar shopping records, Chao Xian Sheng's score is several dozen points higher. This friend only did not activate the credit card repayment function.

At present, WeChat Pay has also opened the credit card repayment function, because the repayment information cannot be shared by the two companies, and the competition between the two companies will become more intense. Continuous repayments at one location will increase your credit score and correspondingly lower your credit score at another location.

Third, when using Yu’e Bao, Zhaocai Bao and Alipay life services, the greater the amount invested, the more services are used, the more frequently the services are used, and the higher the rating.

Among the users who have a higher score than Chao Xiansheng, their shopping and business usage are similar, but their investment in Yu’E Bao and Zhaocai Bao exceeds that of Chao Xiansheng. Such as...

How to get a loan from Sesame Credit

Step one: Use Alipay on your mobile phone and log in. Click more as shown below:

Step 2: Under More, you can see Small and Micro Loans, click to enter.

Step 3: See that under My Loans there are projects that are eligible for account loans. As shown in the picture below, this account can lend an equal amount of principal (12 months). Others do not meet the application conditions. Click Loan Equivalent Principal (12 Months) to enter.

Step 4: Enter the detailed introduction of the loan with equal principal amount (12 months) and you can see the daily interest rate, repayment period, and repayment rules. You should carefully read the repayment rules, which are related to your interests. If you understand them clearly, click to apply for a loan.

Step 5: The lender information uses the information during Alipay authentication. If it prompts that it needs to be improved, just click to enter and complete it.

Step 6: Enter the amount you applied for and the information verification code, and finally click Submit Application. If you can apply, you can usually get a loan.

Extended information:

Increase the loan limit of Sesame Credit

1. Because Sesame Credit is a type of credit, you can use credit cards to repay using Alipay. payment, and binding a credit card is also very important for Zhima points score, so if you have a credit card, be sure to remember to bind it.

2. Alibaba’s e-commerce department, Tmall, Taobao, Juhuasuan and other shopping accumulative quotas, shopping categories, return and exchange records, and even Alibaba Wangwang’s chat records are all important scoring criteria for Sesame Credit.

3. Using Sesame Credit Line to purchase things is also a very important way to increase your Sesame Credit Line.

4. When paying gas bills, water and electricity bills at home, it is also best to use Alipay, because this can also greatly improve your Zhima credit.

5. If you have a lot of Alipay friends, it can also add points to your Sesame Credit score. It is recommended to add all the numbers in our mobile phones as Alipay friends.

6. When using Yu'e Bao and Zhaocai Bao, the greater the amount invested, the more businesses are used, the more frequent the business, and the higher the score.

7. The last thing is to maintain a good personal credit record.