1. Disadvantages of activating JD Baitiao

1. Increased liabilities

In JD.com, after Baitiao is activated, if people use Baitiao for loan shopping, there will be Liabilities. From now on, you need to repay the loan on time every month. If everyone has a lot of debt, that will affect future mortgages and car loans from banks.

2. There is a risk of overdue payment

It is not necessary to activate IOUs on JD.com, but there is a risk of overdue use. JD.com’s IOUs have a fixed repayment date. Once everyone fails to repay the loan on time, it will become overdue, which will leave a stain on the credit information.

3. Spending lavishly

After JD.com’s IOUs are activated, many people will blindly consume and over-consume, thus causing repayment pressure on themselves. Moreover, using JD.com's IOU will generate a certain amount of interest.

2. Benefits of activating Baitiao on JD.com

1. Accumulating personal credit

JD.com, after Baitiao is activated, if everyone can use it strictly in accordance with the contract If you use the money to repay the loan, the central bank's credit information will leave a good loan record. In the future, everyone can enjoy more financial services with a good loan record.

2. Carry out wealth management

Sometimes, using JD.com IOUs for shopping can avoid paying interest. But you can use the cash you earn to buy financial products and earn profits for yourself.

3. Improve your life

JD Baitiao supports shopping now and paying later. If everyone can use it reasonably after activating JD Baiba, it will help everyone enjoy a high-quality life in advance.

"JD Baitiao" is the industry's first Internet credit payment product, allowing users to enjoy the consumption experience of "consume first, pay later, real-time approval, and installment as you wish". It has quickly become an industry model and laid the foundation for JD. Finance’s position as a leading brand in the consumer finance industry.

In terms of positioning, "Jingdong Baitiao" is a credit payment service that uses big data to conduct credit assessment and provides users with high credit ratings and consumer needs. Users can enjoy use-now-pay-later and installment shopping services on JD.com for up to 24 periods. Bills can also be paid in installments and with minimum repayments, and the interest rate is lower than that of bank credit cards. JD Financial Consumer Finance has over 100 million users.