Recently, Huabei and Borrow, two major Internet financial products, have undergone a large-scale reform, which has aroused heated discussions among users. Many users reported that their quotas skyrocketed overnight, which was both surprising and confusing. Today, let's unveil the mystery of this "big reform" and see what caused the substantial increase in quotas. 
What we need to understand is the basic concept of Huabei and borrowing. Huabei is a credit payment tool launched by Alipay, where users can spend first and then repay, while borrowing is a credit loan service where users can borrow according to their credit limit. The amount of both services is determined by Ant Financial based on the user's credit status. 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. 
Why is there a large increase in the quota? This is mainly due to Ant Financial's comprehensive optimization and upgrade of the user's credit rating system. In the new evaluation system, Ant Financial not only considers the user's credit history, but also considers the user's consumption behavior, repayment ability, social relationships and other dimensions of information, so as to make the assessment of the credit more comprehensive and accurate. Ant Financial has also introduced big data and artificial intelligence (AI) technologies to continuously optimize and adjust quota settings through analysis and learning of large amounts of user data. In this way, for those users with good credit, strong spending power, and high willingness to repay, their limit may be greatly increased. Of course, this "big reform" has also caused some controversy. Some people believe that although the increase in the quota can meet the greater consumption needs of users, it may also lead to overconsumption by some users and even fall into the quagmire of debt. Therefore, while increasing the quota, Ant Financial has also strengthened risk warning and education for users, hoping to guide users to consume rationally and avoid excessive borrowing in this way. 
The "big reform" of Huabei and Borrow, whether in terms of quota increase or risk control, reflects Ant Financial's emphasis on user experience and keen insight into market changes. In the future, we have reason to believe that Huabei and Borrowbei will continue to optimize and upgrade according to user feedback and market changes, so as to provide users with more high-quality and convenient financial services. For users, we should also look at this "big reform" rationally, not only to make full use of the increased quota to meet their own consumption needs, but also to control their consumption desires, to avoid excessive consumption, into the predicament of debt. Only in this way can we enjoy more convenience and services in this financial era full of opportunities and challenges, and at the same time, we can also protect our credit and safeguard our rights and interests.