Is there a handling fee for early repayment in installments in Huabei?

Huabei installment early repayment fee is charged in the following situations:

1. If Huabei is used to pay and the bill is not paid in installments, no handling fee will be charged for early settlement in this case;

2. If you use Huabei installment and pay off before the billing date, you will not be charged a handling fee for the unbilled bill. For example, if the month of Huabei installment bill is month, if we return it before April 1, we will not be charged the installment fee from April to July;

3. If the bill is paid off in installments after the billing date, then the handling fee for the part that has been issued will be charged, for example: the installment repayment month is April to July, if we pay it off after April 1 and before May 1, then the installment handling fee in April will be charged, and the procedures in May to July will not be charged;

4. Settle in advance in the mobile Alipay operation, and reduce all unpaid handling fees.

Yes. When Huabei installment needs to be settled in advance, the "installment handling fee" (including the outstanding handling fee and the next handling fee) and the "early settlement handling fee" will be charged. For example:

The user installs 6 installments, the monthly principal is 100 yuan, the installment handling fee is 5 yuan per month, the first 2 installments have been repaid, and the 3rd installment has been issued but not repaid, at this time, the user chooses to settle in advance, then the handling fee part needs to be paid: 5 yuan (paid installment handling fee) + 5 yuan (next month's installment handling fee) + 5 yuan (installment early repayment).

Handling Fee). If the third installment is not released, it is 5 yuan (next month's installment handling fee) + 5 yuan (installment early repayment handling fee).

1. What are the precautions for using Huabei.

1 Cannot be cashed out or credited. It is easy to cash out in the process of using Huabei, because the borrower repays the loan on time in Huabei, and the platform will not charge any additional fees to individuals. Huabei does not support users to cash out, and once discovered, users will be subject to risk control.

Or even freezing.

2 Cannot be overdue. Huabei has a fixed repayment date, and generally the 9th of each month is the fixed repayment date for Huabei. After using Huabei, users must repay the loan on time in accordance with the regulations of the platform, and if it is overdue for one day, the platform will regard it as a violation.

If the situation is serious, it will not only close Huabei, but also deduct the user's sesame credit points.

If the borrower's funds are insufficient, you can choose to repay the loan in installments to avoid overdue behavior.

3 You can't change your phone number often. Alipay users can not change their mobile phone numbers frequently in the process of using Huabei, and if they change their mobile phone numbers frequently, Alipay will think that our Alipay is at risk and may automatically close Huabei.

2. How to calculate the interest rate of Huabei installment.

Ant Huabei. Installment interest: 3 installments 2 3 ; 6 periods, 4 5 ; Issue 12 7 5 .

Ant Huabei installment repayment handling fee per installment Total installment repayment principal Total installment rate Number of installment periods. The amount is accurate to the point that it is credited month by month, and the remainder.

Included in the first installment, the handling fee has been collected and will not be refunded.

Huabei installment buyer handling fee description:

1. Ant Huabei installment will only charge a handling fee (service fee) to the buyer or the merchant, and will not be charged to both parties at the same time.

2. When the buyer chooses to pay in installments, if the merchant is willing to bear the cost, it will be charged at the rate set by the merchant, and the part that the seller does not bear shall be borne by the buyer.

Summary. Hello and glad to have your question! Huabei installment early repayment can reduce part of the handling fee.

In general, only the handling fee for the part of the bill that has been issued will be charged for early repayment, and the handling fee for the remaining unbilled bill will not be charged. Handling fees that have already been charged will not be refunded. For example, if the installment bill month is monthly, if the repayment is made before the April bill comes out, the monthly handling fee will not be charged.

How to calculate the handling fee for early repayment after Huabei installment.

Hello and glad to have your question! Huabei installment early repayment can reduce part of the handling fee. In general, only the handling fee for the part of the bill that has been issued will be charged for early repayment, and the handling fee for the remaining unbilled bill will not be charged.

Handling fees that have already been charged will not be refunded. For example, if the installment bill month is monthly, if the repayment is made before the April bill comes out, the monthly handling fee will not be charged.

There is also a situation that Huabei settles in advance: Huabei early settlement means that all the bills in Huabei are paid off at one time, and if there is a bill installment, the unpaid handling fee and the next handling fee will be charged. The bill date of Huabei is usually the 1st of each month, and the last repayment date is the 9th of each month.

If you choose to settle the installment on the 2nd, you need to pay the handling fee that has been issued in the current month, plus the handling fee of the next month. If you choose to settle the installment in advance on the 29th, the handling fee that has been billed out of the current month has been settled on the 9th of the month, which is equivalent to the handling fee for one month that has not yet been paid out as long as the principal has not been repaid. To put it simply, it can be understood that if you settle it in advance before the 9th of each month, you need two more months of handling fees, one of which is the bill that has already been issued; If you settle after the 9th of each month, you will need to add an additional month's handling fee.

If there is an installment and the loan is repaid early, then the money that needs to be paid includes the remaining outstanding principal, the current installment fee, the next month's installment fee, and the early repayment fee.

The early repayment fee is equal to the instalment fee, and if there are multiple installments to be repaid, then it will be added accordingly.

For example, if Huabei consumes 6,000 yuan, repays it in 6 months, and the interest is 45 yuan per month, then if you just finish paying off the first installment and want to pay it all off in advance, then you need to pay the remaining principal (5,000 yuan), the remaining installment handling fee (45 yuan x 5), and the early repayment fee (45 yuan x 5).

If there is no installment, only the amount of the bill and the amount of the bill that have not been issued, then there is no need to charge a handling fee, and you can pay it off in full.

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.

Ant Huabei has only been online for half a month, and more than 1.5 million merchants have opened Huabei on Tmall and **. Many merchants who respond faster have begun to modify the description of the baby and join directly"Support Huabei"in order to attract consumers more accurately. The person in charge of Durex Tmall*** told reporters that for new users of Ant Huabei, a product specially launched sold more than 10,000 copies a day, and the inventory was sold out for a week.

The data shows that after merchants access Ant Huabei installment, the transaction conversion has increased by 40%.

During the 2015 Double 11 period, Ant Huabei gave full play to its product capabilities of worry-free payment, with a total of 60.48 million payments throughout the day, accounting for the overall transactions of Alipay.

In 2017, Huabei exclusively titled "Super Dimensional Idol".

On June 14, 2017, Ant Financial CEO Jing Xiandong announced"The technical capabilities and products accumulated by Ant Financial will be fully open to financial institutions. There is no distinction between proximity and proximity in openness, and the only selection criteria are whether it is innovative and has user value. "

On May 18, 2018, Ant Financial's consumer credit product, Huabei, announced that it would be open to banks and other financial institutions.

In July 2020, according to the China Times, some users of Huabei accessed the central bank's credit information in the mode of service upgrade. From the prompts of the customer service, the user can find the answer in Huabei's "relevant contracts and product descriptions", if there is a "Personal User Information Inquiry and Submission Authorization Letter" in the product agreement, then your information has been connected to the credit information. If you only have the "Huabei Service Agreement", "Sesame Service Agreement" and product description, your relevant information has not yet been connected to the credit investigation.

Hello, Gen Oak Dan answers the questions you asked: Huabei installment early repayment will not charge a handling fee. In other words, if you pay off the remaining installment amount in advance during the Huabei instalment repayment period, you will not be charged any formalities rollover fee.

Moreover, early repayment can also reduce your interest expense, as the interest on Huabei installments is calculated on the outstanding principal. Therefore, early repayment can allow you to save some of your interest expenses.