Huabei has good credit, will the interest rate of buying a house with money bottom?

Huabei is a first-class consumer financial service provided by Ant Financial to consumers to "buy this month and pay back next month", which is essentially "credit consumption", and it was not on credit investigation in the past. However, Alipay recently officially said that some users have been connected to the central bank's credit information, and the rest of the users will be covered in batches.

If the user sees the "Personal Credit Information Inquiry and Submission Authorization Letter" in Huabei's "Relevant Contracts and Product Descriptions", it means that the user's Huabei has been on the credit report. After accessing the credit information, the Huabei data will be combined and uploaded once a month.

At present, formal loan platforms will be connected to the credit information system in accordance with the relevant regulations of the People's Bank of China. When a consumer loan product is connected to personal credit information, it will truthfully feedback the borrower's historical usage records, which will help financial institutions evaluate the borrower's personal credit status.

Under normal circumstances, if the borrower repays the loan on time and maintains good usage habits, then the use of Huabei will not have a negative impact on personal credit, but will help personal credit accumulation, and become a proof of good credit when applying for housing loans, car loans and other loans in the future.

If you need money urgently, you can consider using Du Xiaoman Finance to borrow money. The application for money is simple, the loan is fast, and the borrowing and repayment is flexible, and users can take the initiative to apply. The interest fee for money is transparent, the big brand is reliable, the interest rate is low, and the maximum borrowing amount is 200,000, which can meet the needs of most borrowers.

In addition to individual consumers, small and micro business owners who need start-up or working capital can also consider having money to spend, and Money is committed to providing accurate, convenient and efficient financial services for small and micro business owners.

This is provided by Kangbo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. Hope this helps.

Hello, applying for a housing mortgage loan will not refer to your Huabei credit, the bank will only refer to your personal credit and bank card statement, and if you have used an online loan, it will also affect the approval, and the interest rate is basically the same.

There will be no change in the interest rate of Huabei credit and buying a house with money, and it is a unified standard interest.

Alipay is already an essential part of our lives. Speaking of Alipay, Fusen has to mention Huabei. This kind of credit card-like thing allows users to enjoy the service of spending first and repaying later.

But for those who can't control themselves, it's easy to impulsively spend things that don't match their financial strength, but they can't repay their debts when the repayment date is approaching. In order to avoid the impact of overdue on credit reporting, they can only choose to repay in installments. Hongqi here, you have walked into the trap set by Alipay.

Huabei's installment fee seems to be very low, but it is actually ridiculously high!

The commission rate is not the real interest rate!

Let's say we borrow 1200 yuan and pay back 1200 (1 yuan) after 3 months. At this time, the interest rate for 3 months is, no problem.

But in fact, you haven't fully occupied that $1,200 for 3 months. According to the official algorithm, if we borrow 1200 yuan and repay it in 3 installments, the handling fee for each installment should be yuan, then the real situation is:

1.When you repay the loan for the first time, you only occupy 1,200 yuan a month, and after repaying 400, you still have 800 left.

2.For the second repayment, you only occupied 800 yuan for 2 months, and after repaying 400, there was still 400 left.

3.For the third repayment, only the last 400 yuan was completely occupied by you for 3 months, but the interest of 10 yuan was repaid for each repayment.

Because the actual occupation time of the money is short, your 3-month real interest rate is higher.

We can directly calculate the APR with the help of the IRR algorithm of the Excel function.

The monthly interest rate, the annualized percentage rate, and the effective interest rate of the third installment fee are nearly 50% higher!

Using the IRR algorithm, we can calculate the effective interest rates for the 3rd, 6th, and 12th periods as follows86%, and the installment interest rate of Baihua is basically around 15%. You must know that the interest rate of Yu'e Bao is about now, and the actual annual interest rate of Baihua installment is almost 7 times that of Yu'e Bao!