Alipay's latest release, the shutdown rules of Huabei and Borrow, what do you know? As a well-known third-party payment platform in China, Alipay's financial products such as Huabei and Borrowbei are deeply loved by the majority of users. However, Alipay recently issued rules on the shutdown of these two products, which has attracted widespread attention. In this article, we will introduce these new regulations in detail. 
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 Huabei's shutdown rules. Huabei is a consumer loan service that "consumes first, repays later", where users can use the Huabei quota to spend first, and then repay the loan in the next month. According to the latest regulations, if a user fails to repay on time for two consecutive months, Alipay will close its Huabei service. In addition, if the user's Huabei account has abnormal transaction behaviors, such as frequent large-value transactions or multiple applications for quota withdrawal in a short period of time, Alipay will also take measures to shut down. 
Next, let's take a look at the shutdown rules of borrowing. Borrowing is a cash loan service provided by Alipay, where users can apply for a loan and repay it on a monthly basis. In the new shutdown rules, the closing conditions of borrowing mainly include the following points: first, if the user fails to repay on time for two consecutive months, Alipay will close its borrowing service; The second is the change of credit status, if the user's credit score drops significantly, Alipay may adjust or close its borrowing service; The third is account security issues, including but not limited to account theft, suspected fraudulent transactions, etc., Alipay will immediately close the user's borrowing service. The introduction of these shutdown rules is undoubtedly Alipay's order to protect its own interests, and it is also a strict requirement for users' credit behavior. On the one hand, this helps to reduce the risk of overdue repayment and ensure the safety of Alipay's funds; On the other hand, it also encourages users to develop good credit habits and improve their credit scores. 
Whether it is Huabei or borrowing, users need to abide by the corresponding rules, repay on time, and maintain a good credit history. Only in this way can you enjoy the convenient financial services provided by Alipay. At the same time, users should also always pay attention to Alipay's latest announcements, understand the latest regulations of various services, and avoid service closures caused by ignorance of the rules. While enjoying the convenience, we should also realize that no financial service is risk-free. We need to be rational and use it wisely, and avoid over-reliance, which can lead to unrepayable debts. At the same time, we must also learn to manage our finances and arrange our income and expenditure reasonably to ensure the stability and sustainability of our lives. It is hoped that every Alipay user can understand and abide by these shutdown rules, so as to consume rationally, borrow healthily, and share the convenient life brought by Alipay.