As a leading mobile payment platform in China, Alipay's credit services - Huabei and Borrow, have been warmly welcomed by the majority of users. Huabei is a consumer credit payment tool that allows users to purchase goods and services without having to pay cash, and then repay them the following month; Borrowing is a small loan service where users can lend a certain amount of money according to their credit status and then pay it off within a specified time. 
However, any service has its rules, and Huabei and Borrowbei are no exception. So, how much do you know about the shutdown rules of Huabei and Borrowing? 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. 
Let's talk about Huabei. Huabei's shutdown rules mainly include the following points: First, overdue repayment. If you fail to pay off your outstanding balance by the required repayment date after using Huabei, your Huabei account will be temporarily frozen until you pay off all outstanding amounts. If the overdue period is too long, it may even lead to the permanent closure of your Huabei account. The second is to apply for installments frequently. Although Huabei offers the option of repaying in installments, if you apply for installments frequently, the system may consider that there is something wrong with your financial situation and close your Huabei account. The third is malicious cash-out. If you try to convert your Huabei credit into cash through fake transactions or other means, once discovered, not only will your Huabei account be closed immediately, but it will also have a serious impact on your credit history. 
Next, let's take a look at borrowing. The main rules for the closure of borrowing are as follows: First, overdue repayment. Like Huabei, if you fail to repay the loan within the stipulated time, your borrowing account will be frozen, or even permanently closed. The second is to frequently apply for loans. If you frequently apply for borrowing in a short period of time, the system may consider your financial situation to be unstable and close your borrowing account. The third is to provide false information. When applying for a loan, you will need to provide some personal information and information. If you provide false information, your debit account will be closed immediately if it is discovered. Whether it is Huabei or borrowing, users are required to have a stable economic situation and a good credit history. Any attempt to violate the rules may be detected by the system and lead to the closure of the corresponding account. Therefore, when we use these convenient credit services, we must abide by the relevant rules and use them reasonably, so as to truly "spend money without worry, and repay without worry". The above is all about the shutdown rules of Alipay Huabei and Borrow.