Recently, Alipay user Xu reported that the Huabei borrowing that he had used for eight years was all shut down overnight, and now Alipay still has 80,000 arrears and is unable to repay.
In response to this kind of problem, it is not an isolated case among many Alipay users, and it is a common phenomenon in absolute numbers. Huabei and borrowing are both consumer financial services in the Internet era, which are mainly to provide users with credit funds for consumption, and this credit funds can be recycled under normal circumstances. For example, if you have a borrowing limit of 100,000 yuan, and now you need money to borrow 20,000 yuan, what if you still have no money to repay when you need to repay? Most users borrow another loan to pay off their previous bills, and so on.
Over time, many users have unknowingly owed a huge amount of Huabei borrowing arrears, once Alipay is suddenly shut down one day, on the next repayment bill date, they can no longer use borrowing money to repay the current account, and there is a situation of inability to repay. Therefore, when we use this type of service, we must first understand the relevant rules and make corresponding backup plans in advance. Huabei and borrowing are both authorized with reference to Sesame Credit, and Sesame Credit has gradually become an important reference for many Internet consumer financial services.
1. Ant Huabei. Huabei refers to the sesame score of more than 550 points to authorize Alipay users to use, mainly to provide credit overdraft consumption services that consume first and repay later, and its attraction to users is that it gives users an interest-free use period of about one month, which means that as long as the full repayment is made on time the next month after using Huabei, there will be no additional costs.
2. Ants borrow. Borrowing more than 600 points for sesame points to open and provide services for users through the system invitation, which is a cash loan product that can be withdrawn directly, which is more flexible than Huabei, and also fills the shortcomings that Huabei can only consume and cannot withdraw cash.
3. Good gold bag. It is also a reference to the sesame credit score and a good gold bag, requiring sesame points of more than 400, although it is provided on WeChat through the way of the public platform, but in essence it is not much different from borrowing, all of them belong to the credit services of the Internet era, the amount ranges from 20,000 to 200,000, and it can also be recycled with borrowing, and many borrowings have been turned to here after being closed.
To sum up, Sesame Credit is the basis of consumer credit services such as Huabei Borrowing, and only when the corresponding applicable conditions are met can the credit line be opened. However, after the opening of services such as Huabei Borrowing, it is not immutable, and Sesame Credit is not the only reference standard for such services as Huabei Borrowing. The credit line of Huabei borrowing will be dynamically adjusted according to the user's usage, repayment, credit situation, liabilities, assets, etc., that is, post-loan management, the purpose of which is to monitor the user's qualifications, avoid bad debts and bad debts, and ensure the safety of the loaned funds. For this reason, there are many reasons why Huabei borrowing is shut down, at least including the following situations.
1. Credit issues, including sesame points and personal credit.
2. Whether there is a problem of illegal use, such as Huabei cashing out, borrowing funds for investment and financial management, etc.
3. Personal financial problems, such as excessive debt, declining income, reduced assets, etc.
4. The Alipay account is suspected of violating laws and regulations.
5. The system detects that the user does not have the need to use Huabei borrowing.
All in all, there are many reasons why Huabei borrowing is shut down, and the common ones are actually the above. If you suddenly find that your Huabei loan has been shut down, and there is still 80,000 yuan in arrears in Alipay, don't panic when you have already encountered this situation. First of all, you need to confirm the reason why Huabei borrowing was shut down, and then take targeted measures to solve the problem.
If you believe that your credit score has been incorrectly lowered, you can contact Alipay customer service to appeal. Provide relevant evidence and information, such as recent spending history, repayment history, etc., so that Alipay can re-evaluate your credit score. If you have violations, such as cashing out, late payments, etc., you need to stop these actions immediately and pay off the arrears as soon as possible. At the same time, contact Alipay customer service and explain the situation, and seek a solution to restore Huabei borrowing. If you owe a large amount, you can negotiate with Alipay to repay the loan in installments or deferred repayment. This can help you reduce the stress of repaying while avoiding a greater impact on your credit history from being overdue. If you can't pay off what you owe all at once, you can also consider asking friends and family for help or finding another lender to take out a loan. Please note, however, that you will be exposed to some risk and interest costs, so it is important to consider carefully.
Finally, I would like to remind everyone that it is very important to spend responsibly and plan your finances. When using consumer credit products such as Huabei Borrow, you must do what you can to avoid unnecessary risks and burdens. At the same time, it is also important to pay attention to your credit history and maintain good repayment habits and credit scores. What do you think about this? Feel free to leave a comment.