In the Internet era, everyone is using Alipay for payment in various scenarios, and they are also using Internet financial credit tools such as Huabei and Jiebei. However, as Internet financial supervision becomes stricter, Ant Group Ant Consumer Finance Company was also established in accordance with the requirements. At this point, Huabei and Jiebei will be included in it and become their exclusive consumer financial products. So what impact will this have on Huabei and Jiebei users?
Recently, many netizens have reported that Huabei and Jiebei have been closed inexplicably. They reflect that in the process of using Huabei and Jiebei, they have neither overdue nor cashed out or borrowed money from Huabei. It is used for illegal use such as investment and financial management. In order to clarify these issues, let's first understand what Internet consumer financial services are and what mainstream consumer financial products are currently available on the Internet.
1. Ant Huabei: It is a consumer financial product under the original Ant Financial. It provides consumer loan services. Users only need a Zhima credit score of greater than 550 to have the opportunity to obtain the corresponding credit limit. The maximum limit is 50,000 yuan, which can only be used to pay for daily consumption.
2. Ant Borrowing: It is also a consumer finance product under Ant Financial, but it is a cash loan service. It provides cash loans and can be withdrawn directly to Alipay or bank accounts, so the threshold for use is relatively high. It is relatively high. You need to have a Sesame Credit score of 600 or above to have a chance to get an official invitation to open it, which can reach a maximum of 200,000.
New functions created by Tencent
As Alipay continues to launch more financial services, WeChat has also begun to launch more financial functions. According to data provided by professional institutions, currently this A social platform is applying for a trademark for "fenpay". This function is mainly created to provide customers with applications in multiple different scenarios such as catering, shopping and entertainment. With this function, it can help users provide installment consumption services.
In addition, WeChat also introduced "Hongshu Bei. Bei", a credit service similar to "Borrowing Bei" through the public platform. It does not require an invitation and can be used by following it directly.
These two functions carefully built by WeChat are mainly used in consumption situations. You cannot use this function to send red envelopes or transfer money. In fact, to put it bluntly, they are similar to the functions of Huabei and Jiebei. After the news came out, many people believed that he was actually the WeChat version of Huabei and Jiebei.
It is not difficult to find a unique feature among the above consumer financial products, that is, there is an upper limit on the amount of credit. Among them, the upper limit of consumer loan service is 50,000 yuan, and the upper limit of cash loan is 50,000 yuan. The upper limit is 200,000 yuan. Maybe many friends will ask, there are so many consumer financial services now. If the credit is good and each product is granted a credit of 50,000, then 10 platforms can get 500,000. What if it is 100 credit institutions? Will there be any problems in this? What if the loan goes away?
In fact, in response to this problem, the relevant consumer finance regulatory authorities have already had corresponding regulations. For example, the total amount of consumer loans for citizens should be one-third of their average annual income in the past three years. Here is a simple example , your average annual income in the past three years is 60,000 yuan, which is a monthly salary of 5,000, then the upper limit of consumer finance loans you can enjoy is 20,000 yuan. But in fact, many users earn thousands of dollars in salary and owe hundreds of thousands or even hundreds of thousands in consumer loans. Has this exceeded the relevant regulations on consumer finance management?
The answer is yes. There have been cases where users were unable to repay overdue loans and negotiated with Alipay customer service to suspend the interest rate and extend the installment repayment. This was taken advantage of, and it was somewhat of a threat, because he The monthly income is less than 5,000 yuan, but he owes more than 100,000 yuan in credit loans to Jiebei. This means that Jiebei's lending has already violated the rules, and finally had to agree to the user's negotiation request to suspend interest and only repay the principal.
Now that Huabei and Jiebei have been incorporated into consumer finance companies, Huabei and Jiebei are required to make rectifications, and this type of situation has also been included. In other words, users who have over-borrowed or had excessive debt may face the possibility of Huabei and Jiebei being shut down.
In today’s society with unlimited material desires, the debt of young users in particular has reached a very high level. According to the latest statistics, the per capita debt of young users born in the 1990s has exceeded 120,000. Now Alipay will restrict the use of Huabei and Jiebei for such high-indebted users who over-borrow and use loans to support loans. In other words, the highlight moment of Huabei Jiebei for these users is about to end. Once it is closed, they can only repay the loan and cannot borrow money again. For many users who use loans to support loans, this means that their recyclable working capital will be reduced every month. If the income cannot catch up with the repayment bills after Huabei and Jiebei are closed, then they will have to maintain it through other turnover channels, otherwise they will have to wait and see.
Alipay has begun to target these high-debt users and gradually close their Huabei borrowing services. This will put huge pressure on these users in the short term, but in the long run, it will also It can put an end to the phenomenon of using loans to support loans and long-term borrowing in the future, and fundamentally solve the problem of young people not blindly overdrafting their consumption and over-borrowing. What do you think about this?