Can Huabei s money not be repaid? What will be the impact of not paying back the money?

Foreword: Everyone knows that the money in Huabei can be paid directly, if you don't have money on hand for the time being, you can also use the money in Huabei to pay in advance, and then repay it when it expires. So can I not pay back the money I borrowed from Alipay Huabei?

1. What is Huabei In fact, Huabei is an APP service developed by Alipay, this software is a consumer credit product launched by Ant Chain, if users want to use it, they must first open it in Alipay and fill in their ID number and mobile phone number. After the user fills in these information, Huabei will be officially opened, so you can use it in the future. However, when you first use it, this credit limit is relatively small, and the more consumers use it, the larger the credit limit will be.

One of the principles that Huabei adheres to is to allow users to spend first and pay later, but now it has some problems.

Second, I can't help but repay Many people have asked such a question on the Internet, can I not repay the money I borrowed on Huabei, but in fact, I can't, because of Ant Huabei.

Have connected your credit with this software. If you borrow money on Ant Huabei but do not repay it on time, you will be charged 5/10,000 per day. And this record will also be sent to Sesame Credit.

It will affect your credit score, and you will have a lot of problems with the home loan in the future. Therefore, if the user just wants to borrow money on the ant quilt, but does not consider repaying the money, he should still maintain a cautious attitude, once there is a problem with his credit, he will regret it.

Third, there are not many conclusions, not to mention Alibaba.

The service has indeed brought convenience and speed to many people, but there have been some problems over the years. In particular, many college students in school often overspend, but because they don't have too much money in their hands, they can only use Ant Huabei, and in the end, there is no money to repay, so it can't be said whether Ant Huabei is convenient for people or harmful to people. Anyone should maintain a rational view and attitude towards these things.

Huabei's money must be repaid, how can the loan not be repaid, and the world will not drop pies, the money you owe must be repaid, so you still work hard to make money.

Of course not, since you borrowed someone else's money, you should pay it back. If you don't pay it back, it may have a big impact on yourself.

No, if you don't pay it back for a long time, then it will be overdue, and it may even affect your credit report.

The consequences of Alipay Huabei's non-payment are as follows:

1. The installment function cannot be used when purchasing Tmall installment products.

2. If the circumstances are more serious, the right to use Tmall installment and related consumer credit products will be permanently closed, and even Huabei will be closed by the system.

3. Ant Huabei has its own credit system, and if there is an overdue, the data will be recorded in Sesame Credit, once there is an abnormality in Sesame Credit, it may have a negative impact on your personal credit products, and it may be affected if you want to do other online loans or apply for credit cards in the future.

4. The overdue penalty is charged according to the amount you repay on the same day, and the specific formula is: overdue interest = the number of days overdue for the current period of unrepayment.

5. Once you go through the legal procedures and get on the credit blacklist of the central bank, it will have an impact on personal credit, which will affect future loans, employment and other issues.

What should I do if I owe Huabei money

1. Pay off the arrears as soon as possible. If you want to reopen Huabei, you must pay off the arrears first, and the sooner you pay off the arrears, the sooner it is possible to reopen Huabei. Also, increase the activity of your account.

Because once the system closes your Huabei application window, there is no human intervention, and only the system can judge whether it can reopen Huabei for you based on your credit history. Therefore, if you want to use Huabei again, you must increase the activity of your account. So you can use Alipay, borrow, Yuebao, etc. as much as possible.

2. Maintain a good credit record. Because your Huabei was deactivated because it was more than overdue, which affected your personal credit history, so if you want to reopen Huabei, you have to ensure that you have been repaying on time in the case of using Alipay more.

Once Huabei is deactivated, it is not so easy to reopen. Therefore, when using Huabei, you must remember to repay on time, develop a good habit of repaying on time, and never overdue.

Huabei doesn't have any consequences.

1.Lower the user's sesame credit score.

Alipay users' Sesame Credit Scores are evaluated by a third-party credit scoring system. If the user's loan in Huabei cannot be repaid, it will affect the user's sesame credit score. If the user's sesame credit score is reduced, some of the original rights and interests on Alipay will disappear, and it will even be difficult to borrow money through the Alipay platform.

2.Reminder to repay.

When the user fails to repay the loan for a long time, the staff of the platform will remind the user to repay the loan by calling ** or text message.

3.Affect personal credit.

As a consumer loan product, if Huabei is overdue for a long time, the platform will report the user's overdue record to the central bank's credit system. According to the recent official announcement, under the premise of user authorization, the relevant information of Huabei will be gradually incorporated into the credit system, and Huabei will leave a bad record if it is overdue. Maintain good usage habits and will not affect your credit records.

As for whether your Huabei has been connected to the central bank's credit information, you can check it through the "Huabei"-"My"-"Related Contracts and Product Descriptions" columns.

4.Reduce the limit.

If the user fails to repay the loan for a long time, the Huabei platform will reduce the user's loan limit. If the user's overdue behavior is very bad, the platform will close the user's Huabei.

The consequences of not returning Huabei are:

1.Accrual of overdue interest:

Huabei does not repay, once the overdue time exceeds the repayment grace period, Alipay will charge interest on the overdue principal on a daily basis, with a daily interest rate of 5/10,000.

2.Resulting in a bad record:

After Huabei is overdue, the corresponding overdue negative records of individuals will be uploaded to Sesame Credit by Alipay, and the Sesame Points will be reduced.

3.Huabei's function is limited:

If Huabei does not repay, Alipay will close the user's Huabei function, and after paying off the arrears later, whether it can be used is determined by the system from time to time, and manual intervention cannot be made.

Huabei is a virtual credit card, and if the dispute is a civil dispute, the public security has no right to intervene, but if Alipay sues you, you may be detained by the judiciary, and in serious cases, you will be sentenced to seven years in prison. If you maliciously do not repay Huabei and uninstall Alipay, it will also be on the credit report, which will affect your normal life in the future, and it is recommended that you do not overdraft for reasonable consumption.

It will affect your credit history, incur overdue fees, and in the long run, there will be collectors who will collect you in various ways.

The meaning of love is to help the other person improve, and at the same time, improve yourself.

The consequences of not paying back the money after using Huabei:

1.Negative records are generated, and after Huabei is overdue, your overdue records will be recorded on Sesame Credit, and your Sesame Credit score will also be lowered.

2.Late penalty interest needs to be paid, penalty interest = overdue amount * number of overdue days *.

3.Your Huabei will be restricted from being used, and you will have to go through a system evaluation before you can continue to use it after repayment, which cannot be manually intervened.

And at present, Huabei is on the credit report, which will directly affect your credit record.