Is Huabei on credit now? What s going on?

Yes, Alipay customer service said:

1. If you purely use "Huabei", "Borrow", etc., it will not be reflected in the credit record of the central bank.

2. However, if it is seriously overdue, the overdue record is likely to be reported to the central bank's credit system.

Ant Huabei is an online shopping service provided by Ant Micro Loan to consumers to "buy this month and pay back next month". Features::

1. Confirm the receipt of the goods and repay the loan in the next month.

2. Free shopping with consumption quota (if you use Huabei to purchase in installments, the buyer needs to bear the specified fee according to the rate set by the merchant).

3. Convenient repayment, support Alipay automatic repayment.

4. That is to say, if the repayment is made on time in the next month after the receipt of the goods is confirmed, Ant Huabei will not charge any interest and fees, and supports automatic repayment of balance, Yue Bao, and bank card when due.

5. If Huabei is repaid on time, it will not have a negative impact on personal credit.

Huabei will be credited. The "Huabei" system is indeed gradually realizing the docking with the credit reporting system, and the user's usage will also be gradually included in the scope of credit report records. At the same time, many Internet financial institutions are also willing or planning to access the credit information system.

As for the impact of accessing the credit information system, industry insiders said that as long as users repay normally on schedule, the use of Internet consumer credit products will not affect personal credit records.

In the process of bank credit approval, inquiring about personal credit reports is a prescribed action for business approval, and personal credit reports have an important impact on credit decisions. The most basic function of credit history is to understand and verify the credit information of others, and to improve the information asymmetry between the two parties to the transaction through the dissemination of credit information, and to play a role in restricting the behavior of both parties to the transaction.

Borrowers with a good credit history will not only get a loan faster, but also have an easier time getting a higher loan amount and a better interest rate. On the contrary, if the borrower has a serious bad credit history, there is a possibility that the loan will be rejected by the bank in the credit application.

Spending money to "whitewash" bad credit is a rumor:

The credit "shoveling" and "whitewashing" advertisements in the society are all deceptive. The modification and deletion of data in the credit information system is initiated by the bank where the business occurs, and after strict approval and operation procedures, the credit information system automatically records the operation process throughout the process. If there are errors or omissions in the credit information, an objection application may be handled through lawful and compliant channels.

For negative credit records that have already been generated, article 16 of the "Regulations on the Administration of the Credit Reporting Industry" stipulates that "the retention period for credit reporting establishments of negative personal information is 5 years from the date on which the negative conduct or incident is terminated; where it is more than 5 years old, it shall be deleted". That is, from the date of paying off the arrears, after five years, the bad credit history will be eliminated.

The above content refers to Legal Network - Take care of your credit report.

The above content refers to People's Daily Online-The normal use of Huabei will affect personal credit.