Will the minimum repayment amount of Huabei affect the credit investigation?

It will not affect your credit report.

However, the remaining unpaid amount will be charged the corresponding interest on a daily basis, and then you can settle the remaining principal at any time or choose to repay part of the amount, and the corresponding interest will not be charged if it has been repaid.

Ant Huabei is a consumer credit product launched by Ant Financial, and after applying for it, you will get a consumption quota ranging from 500 to 50,000 yuan. When consuming, users can advance the amount of Ant Huabei and enjoy the shopping experience of "consume first, pay later".

On August 4, 2016, Ant Huabei's consumer credit asset-backed ** project was listed on the Shanghai ** Stock Exchange, which is also the first Internet consumer finance ABS on the Shanghai Stock Exchange.

As of January 2018, Ant Financial has taken the initiative to increase the capital of two microfinance companies by 8.2 billion yuan, increasing the registered capital from 3.8 billion yuan to 12 billion yuan. On May 18, Huabei announced that it would be open to banks and other financial institutions.

If Huabei only pays the minimum payment of the bill, the remaining outstanding principal will be calculated from the day after the due date of repayment, and the daily interest rate will be fully credited to the minimum payment of the next month's bill, which needs to be repaid in the next month.

You can rest assured that as long as Huabei repays the loan on time within the specified repayment period, and the repayment is not lower than the minimum repayment amount of the bill, it will be considered a normal repayment and will not be counted as overdue.

The minimum repayment amount of Huabei = 5%-20% of the unpaid transaction principal (the new unpaid consumption principal in the current period + the part of the principal transferred out of the previous month's minimum repayment cycle transfer out in installments and refunded) + 100% of the transaction installment amount + 100% of the bill installment amount + 100% of the deferred repayment amount + 100% of the fee (including handling fee) + 100% of the remaining outstanding amount of overdue historical bills + 100% interest (including penalty interest).

It is recommended that if you can repay the full amount on time, it is best to pay it off in full on time, and do not always make the minimum repayment, otherwise it is easy to be doubted by the system about the repayment ability, which will not be conducive to the subsequent increase of the amount, and the system may also reduce the amount.

If you are facing the problem of overdue online loans and are being collected, it is recommended that you go to "Xiaoqi Credit Check" to get a detailed big data report, understand your overdue records and classify your online loans to distinguish between regular and non-credit loans. If you want to repay the money but do not have enough funds at present, it is recommended that you negotiate with the online loan platform and give priority to repaying the loan that is regular and on the credit report to minimize the impact on yourself. This will not only improve your creditworthiness, but will also help you apply for other loans in the future.

Extended information: How long can it be restored if the loan is unusable due to the overdue Alipay?

If the Alipay loan is overdue and cannot be used, the user must pay off the arrears quickly, and then patiently spend time to repair the damaged credit, accumulate more good records, and usually participate in more credit tasks to improve sesame points.

When the personal credit level gradually improves, it will be possible to recover the borrowing (it is recommended that users raise their credit for three to six months before speaking).

It should be noted that the sooner the arrears are paid off after the deadline, the lower the adverse impact will be, and the easier it will be to recover the loan.

If you continue to default on the payment after the deadline, I am afraid that your personal credit will continue to be adversely affected, and it will be more difficult to recover the borrowing.

Of course, it is recommended that users should develop a good habit of repaying on time and try to avoid overdue situations.

When applying for a loan, you must also fully consider your own economic income and repayment ability, and avoid blindly borrowing too much, otherwise it will exceed your own repayment ability at that time, and eventually it will be bad if you can't afford to repay.

Hello, glad for your question. The minimum repayment of Huabei does not affect the credit investigation. When making a repayment in Huabei, the repayment amount not less than the minimum repayment amount will not be counted as overdue.

However, it should be noted that according to Alipay's official regulations, after Huabei pays off the minimum repayment amount, the remaining unpaid principal will be calculated as revolving interest from the day after the due repayment date and will be included in the next month's bill.

No. The reasons are as follows:

1.At present, the only thing that can affect personal credit is the overdue repayment behavior of loan products that are in line with credit information, as well as the number of loan applications that everyone usually has. Purely as far as Huabei is concerned, the minimum repayment is within the official allowable range of the platform, so it cannot be regarded as overdue repayment, and naturally there will be no credit stain.

2.The use of Huabei does not require credit inquiry, so the credit data will not change. On the whole, Huabei's minimum repayment will not have a direct negative impact on credit reporting.

However, it should be noted that at present, some users' Huabei has been fully integrated with credit information, and the usual use behavior will be reflected in the credit information, even if everyone only uses a few cents, it will also be on the credit report, in this case, it is best to use less, so as not to give the impression of other financial institutions.

3.Although the minimum repayment of Huabei has no impact on credit reporting, it does not mean that it can be used frequently. Because the minimum repayment is usually for users who have insufficient repayment ability, once the user makes the minimum repayment every month, the platform may reduce everyone's Huabei limit for the sake of protecting the safety of internal funds.

Therefore, it is recommended that the minimum repayment method can be used occasionally, but try not to use it every month. If you are unable to pay off the outstanding balance in the short term, you can apply for a bill instalment, which requires a certain handling fee, but it may not be higher than the interest rate of the minimum payment. At the same time, this repayment method is also the most happy for the platform, and it will also improve everyone's impression score on Alipay, which will be of great help to the future increase.

Extended Information: How to calculate the interest of Huabei's minimum payment?

After the due date, if the minimum repayment amount has been paid off but the full amount has not been repaid, the unpaid principal will be calculated from the day after the due date of repayment, and the daily interest rate will be calculated and included in the next month's bill.

For example: Huabei's repayment date is the 10th of each month, the amount in June is 1,000 yuan, and after the minimum repayment of 100 yuan on June 5, the remaining 900 yuan will be calculated from the 11th, and the daily interest = 900 * yuan.

Huabei minimum repayment amount = 10% of the outstanding transaction principal (the new unpaid consumption principal in the current period + the part of the principal transferred out of the last month's minimum repayment revolving - transferred out in installments - refund) + 100% of the deferred repayment amount + 100% of the non-essential (including handling fee) + 100% of the remaining outstanding repayment of the expected historical bill + 100% interest (including penalty interest).

Operating environment: Apple 12, ios14, Alipay version.

1. The use of Huabei minimum repayment is not calculated as overdue, and it will not affect credit. Only if Huabei is overdue or has not been repaid for a long time will it affect personal credit. Although the minimum repayment will not affect the credit investigation, there will be a certain amount of interest on the remaining part of the arrears that have not been returned, and the user needs to pay the relevant fees when making subsequent repayments.

2. Huabei minimum repayment is a repayment method provided for Huabei users, after paying off the minimum repayment, the remaining outstanding principal will be calculated from the next day after the due repayment date, and the daily interest rate will be calculated. As long as the monthly repayment amount is greater than the minimum repayment amount, it is not considered overdue, otherwise it will be recorded as overdue, and the corresponding overdue penalty interest will be charged. However, if Huabei's repayment is overdue, that is, it fails to repay the loan on time before the repayment date (inclusive), and the repayment is lower than the minimum repayment amount of the current bill, it will have an adverse impact.

At that time, the overdue situation will be reported to the system Sesame Credit, and the sesame score is likely to decline, and some Huabei will be connected to the central bank credit, and the overdue situation will also be reported to the central bank credit information, leaving a bad record in the customer's personal credit report, resulting in personal credit damage.

3. You also need to pay attention to the fact that if you keep the minimum repayment, it may make the system think that your repayment ability is not sufficient, which is not conducive to the increase of the limit, and some will also implement the reduction treatment. Therefore, it is advisable for customers to pay off their bills in full and on time if they are able. If you really can't pay it off on time, you can pay it off in installments, or apply for an extension, or occasionally make a minimum payment.

Extended information: Ant Huabei has been officially launched since April 2015, mainly used for shopping on Tmall and **, and has been loved by consumers, especially post-consumers. In order to better serve consumers, Ant Huabei began to break the restrictions of shopping platforms and expand its services to more online and offline consumption areas.

In September 2021, Huabei was fully connected to the central bank's credit information system, and users' refusal to access will lead to the inability to use Huabei.

According to Huabei's regulations, the borrower's repayment according to the minimum repayment amount is not overdue, and it will not affect everyone's credit.

In fact, Huabei's minimum repayment will not only affect credit, but also a way to protect credit and avoid overdue records.

There are other methods similar to Huabei's minimum repayment:

1. After the Huabei bill is generated, apply for Huabei installment repayment procession;

2. Ask your relatives and friends to pay off the Huabei dregs for yourself.