Alipay's latest review system has been launched, and the most concerned of them is the review changes of Huabei and Borrow. This change has undoubtedly had an impact on many users who use Alipay. So, what exactly are the changes in this review? Can our Huabei continue to be used?
We need to understand what Huabei and borrowing are. To put it simply, Huabei is a consumer credit service launched by Alipay, and users can use Huabei to shop first and pay later on platforms such as ** and Tmall. Whereas, borrowing is a cash lending service where users can apply for a loan and then pay it off within the specified repayment date.
But there are many netizens who said that it doesn't matter if it's closed, anyway, the amount given is not high, and now many people have used Jinbei on WeChat*** to replace Huabei to borrow, and the amount given is high and convenient.
Alipay's latest review system is mainly for credit evaluation of users of Huabei and Borrow. The review of this system is more rigorous and more granular. It will conduct a comprehensive evaluation from multiple dimensions such as the user's consumption behavior, repayment history, and personal credit, so as to decide whether to grant the user the qualification and amount of Huabei and borrowing.
For most users with good credit, this doesn't have much of an impact. Because their consumption habits and repayment records meet Alipay's credit requirements, they can continue to use Huabei and borrow normally. For some users with poor credit, they may be restricted from using or reducing the limit.
This review change is actually Alipay's order to protect the rights and interests of users.
stop the occurrence of credit risk. In the past, due to the lax review system, some users may experience excessive consumption and overdue repayment, which will bring losses to themselves and Alipay. Now, a rigorous audit system can effectively avoid this.
As long as we maintain good credit, consume rationally, and repay in a timely manner, we can use Huabei and borrow normally. And for those users who can't use Huabei and borrow for the time being, don't worry too much. As long as they can improve their credit status and improve their credit score, they will have the opportunity to regain their eligibility to use Huabei and Borrow.
We also want to remind everyone that whether it is Huabei or borrowing, it is a convenient service provided by Alipay, and we cannot rely on it. Rational consumption and reasonable borrowing are the attitudes we should have. Only in this way can our Huabei serve us better.