In the ocean of Internet finance, Huabei and Baobei are undoubtedly two giant ships. Their emergence has changed the consumption habits of many people, allowing us to enjoy first and pay later, so that life has become much easier. However, with the continuous change of the market and the strengthening of regulation, these two major products have also ushered in adjustments. Recently, the shutdown standards released in February for Huabei and Baobei have attracted widespread attention, and if you don't want to step on the thunder in this wave of financial changes, then follow me to take a closer look at these new standards.
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 take a look at some of the adjustments to Huabei. Huabei, as a consumer credit service launched by Alipay, allows users to use the credit line to pay first when shopping on platforms such as ** and Tmall, and then repay the loan next month. The new shutdown criteria are primarily aimed at account usage. For example, if your account hasn't been used for a long time or is used very infrequently, your account may be evaluated and may even be closed. So, if you don't want your Huabei account to be affected, it's best to keep a certain frequency of use.
Next, let's talk about the changes in borrowing. Borrowing is an online lending product owned by Ant Financial, which allows users to borrow money for daily consumption or other needs. In the latest shutdown standards, Borrower has strengthened the review of user credit. If the user's credit score drops, or the repayment is overdue, the borrower will take corresponding measures, including but not limited to reducing the limit, increasing the cost of borrowing, or even closing the account. Therefore, maintaining a good credit history is essential for using borrowing.
In addition to the above two points, there are some other considerations. For example, whether it is Huabei or Borrow, it is not wise to rely too much on them for consumption. While they provide convenience, they can also lead to the accumulation of personal debt. In addition, there may be more changes in the future as regulatory policies tighten, so users need to keep an eye on relevant policy developments to avoid being caught off guard by sudden rule changes.
The new shutdown standards of Huabei and Baobei remind us that while enjoying the convenience brought by Internet finance, we must also be risk-aware, consume rationally, and plan our personal finances reasonably. Only in this way can we sail away in this sea of Internet finance, instead of encountering storms.
I hope this article can help you better understand the latest shutdown standards for Huabei and Borrow, and avoid stepping on thunder during use. Remember, financial literacy is power, and knowing and mastering this information makes our financial life safer and smoother.