In today's era of extremely popular mobile payment, Huabei, as a convenient credit payment tool, undoubtedly provides great convenience for the majority of users. However, when it announced the shutdown of the service, a common question sprung up in the minds of many users: What will happen to the money I owe after the shutdown? Today, let's uncover the secrets behind this.
What we need to be clear is that the closure of Huabei does not mean that you can "pat your ass and leave". After all, Huabei is essentially a small-amount application fund service, and every overdraft is a commitment, and every penny carries the responsibility of repayment. Therefore, once the service is shut down, the recovery of the arrears becomes an imminent matter. But don't worry, the platform naturally has a reasonable handling mechanism.
But many netizens said that it doesn't matter if it's closed, anyway, the amount given is not high, and now many people are using the gold on WeChatCow flowersCome instead of borrowing Huabei, the amount given is high and convenient, if you have a small partner who knows or has already opened it, leave it for comment, let everyone open it
What are the criteria for shutting down? To put it simply, the criteria for closure mainly involve the following aspects: the frequency of use by users, repayment history, and credit status. If you haven't used Huabei for a long time, or if your repayment is overdue, or if your credit score no longer meets the requirements, you may receive a notification from the platform that the service will be shut down.
Then comes the key question – how do you collect the money you owe in one lump sum? In fact, a lump sum recovery does not mean that you need to pay off all your debts immediately. Instead, the platform will provide a relatively graceful window of time for you to settle all outstanding payments. This process is usually accompanied by a series of reminders and collection measures.