2. Disadvantages: It is precisely because JD.COM IOUs can make customers spend in advance that it is easy for some irrational customers to overspend. Because consumption is out of control, it is easy to exceed their repayment ability. Once you spend too much, you can't afford it at last, which will easily lead to overdue;
Once overdue, the system will report the credit information to the central bank, causing personal credit damage. At that time, not only the function of IOUs may be restricted (the estimated amount of the system will be reduced or directly frozen), but also new credit business will be hindered;
Therefore, customers are advised to consider their financial situation and repayment ability before deciding whether to open JD.COM White Bank. Remember to repay the loan on time after JD.COM writes the IOUs, so as not to be overdue.
Application conditions
JD.COM Baitiao is the first Internet consumer finance product in the industry. "Pay first and then pay back", enjoy a maximum interest-free period of 30 days and a maximum of 24 installments.
Log in to Baitiao official website or Jingdong Financial APP- Baitiao, and you can enter the page to apply for activation independently. JD.COM mall users are eligible to activate the "white note" for mall consumption.
According to the person in charge of risk control of Jingdong Financial Consumer Finance Division, the consumer finance business has no credit that needs manual approval, and users are identified through the risk control big data model. The control system after the typhoon will "identify" users according to their shopping habits, credit status and the stability of the receiving address. , combined with various factors and data, and then quickly give the evaluation results of whether the "white strip" can be activated.
The evaluation basis of big data model is the accumulation of user data, which needs to be updated dynamically in real time. Therefore, with the more accurate modeling of big data, the probability of user "white bar" activation will also increase. JD.COM Consumer Finance has completed the credit score of nearly 200 million users.
Regarding the withdrawal of IOUs, you can receive the withdrawal package regularly, and there are irregular IOUs withdrawal activities. Make a good record of consumer repayment, and you can also get a cash withdrawal reward.