With the consent of Bai Hua, can I continue to use the Personal Credit Inquiry Power of Attorney? Entry of

After agreeing to inquire about Bai Hua's personal credit information and submitting the power of attorney, Will the record of flowers enter the credit investigation? How exactly will it be displayed?

Flower Garden is an online consumer financial service of "buy this month and return it next month" provided by Ant Financial, which is essentially "credit consumption" and was not used for credit investigation in the past. However, recently Alipay official said that some users have access to the central bank's credit information, and the rest will be covered in batches.

If the user sees the authorization for inquiring and submitting personal credit information in the "Related Contracts and Product Description" in Bai Hua, it means that the user's Bai Hua has received the credit information. After accessing the credit information, the flower bud data will be merged and uploaded once a month.

At present, regular loan platforms will access the credit information system in accordance with the relevant regulations of the People's Bank of China. Access to consumer loan products with personal credit information will truthfully feed back the borrower's historical usage records, which will help financial institutions to evaluate the borrower's personal credit status.

Under normal circumstances, if the borrower repays the loan on time and keeps good habits, the use of flower buds will not have a negative impact on personal credit, but will help personal credit accumulation, which is conducive to future loan applications such as mortgage and car loan.

If you need money urgently, you can consider borrowing money with a small amount of money. The application for money is simple, the loan is fast, and the loan is flexible. Users can apply on their own initiative. The interest rate of spending money is transparent, and big brands are more reliable. The interest rate is low, and the daily interest rate is as low as 0.02% (subject to the loan page of Spend Money APP). The daily interest rate of borrowing 1 10,000 is the lowest in 2 yuan, and the maximum loan amount is 200,000, which can meet the needs of most lenders (click to enter Qianhua official for details).

This answer is provided by Kangbo Finance, focusing on the interpretation of financial hot events, the popularization of financial knowledge, the pursuit of professionalism and interest, so that the financial content that the people can understand can convey financial value in vivid and diverse ways. I hope this answer is helpful to you.

Hua Bai is connected to the central bank for credit reporting. Can you still use them if you like?

Recently, the topic that some users in Bai Hua access the central bank's credit information system has caused controversy among netizens. Since 2065438+May 2008, Bai Hua has been open to banks and other financial institutions. At present, more than ten financial institutions have participated in serving Bai Hua users. In order to provide users with quality services and meet the needs of cooperative financial institutions, the service agreements of these users have been upgraded, including access to the central bank's credit information. What should ordinary users pay attention to in this change in Bai Hua?

Users can find relevant contracts and product descriptions through my page in Bai Hua. If you have the corresponding authorization, you have been included in the central bank's credit information system. After accepting the authorization, users can find their own authorization in Alipay. Some people think that this change in operation is a good thing and has played a positive role in the subsequent changes of personal credit rating such as bank loan evaluation. Some people say that after sending flowers back, they will close them later!

What kind of influence will this change of flower buds have on ordinary individual users? Previously, there were three main effects of expired flowers. The use of the first flower bud function will be restricted, and the flower bud can only be used normally after the subsequent repayment of arrears is systematically evaluated; Second, it will affect your sesame credit score after the deadline; Third, there will be overdue fees. Sesame credit score and central bank credit information system are independent of each other, and data are not shared. Therefore, Sesame Credit will not report the overdue records of customers to the central bank's credit information system. After the docking of Bai Hua and the central bank's credit information, it will not have much impact on the user's usage layer. From the perspective of risk control, credit reporting financial institutions connected to the central bank will know the total loan amount and default records of customers, which will enable financial institutions to better price and control risks when providing credit services to customers. From a personal point of view, the docking of central bank's credit information can restrain individual behavior, enable people to plan the loan amount, avoid overdue due to excessive borrowing, and play a good role in the credit system of the whole society.

Credit records can comprehensively reflect the borrower's breach of contract, including the record of timely repayment and the information of non-performance of the contract. A good credit record can help borrowers get loans from banks quickly and enjoy lower profits. In recent years, some recruiting units have also included credit records in the scope of assessment. If the debtor maliciously defaults on the overdraft, he may be sued, and his trip will be hindered in various ways after he is included in the untrustworthy list. In real life, buying a house involves loan services and cannot be carried out normally.

In order to maintain a good credit and not be over-indebted, please repay as soon as possible.

What will happen if Bai Hua's personal credit authorization is signed?

If you have a loan in the future, check the credit information, which will show the use of your flower buds. If you pay late or by installment, it will be difficult for you to get a loan.

How does Bai Hua's credit authorization take effect?

It will take effect after signing. After the flower shop service is upgraded, users need to sign personal credit inquiry and submit authorization. After approval, the basic information of users, flower shop quota and repayment will be reported to the central bank's credit information system on a monthly basis. Credit information is one of the factors that determine whether users can buy a house or a car with bank loans. Simply put, if you don't pay back the money, it will be recorded. As long as you repay on time, it doesn't matter if you sign this thing, but if you don't repay on time, you will get a credit report, which will affect you.

First, why don't you recommend upgrading the flowers?

1. Before that, Bai Hua proposed to collect credit information at the meeting, but for some users, it is necessary to collect all the credit information now. However, it is not mandatory at present, and only those who agree to upgrade the flower garden service will receive credit information.

2. Because it is agreed to authorize the basic database of financial credit investigation to inquire/submit relevant information about the service upgrade of Huabai, it means that the usage of Huabai will be reported to the Credit Information Center of the People's Bank of China, but there is only one credit information record on Huabai, and the consumption and repayment of Huabai will be continuously updated every month until Huabai is closed.

3. For those who don't want to go to the flower garden for credit investigation, it is obvious to disagree with the upgrade, so if you don't upgrade the flower garden, you won't report the credit investigation, and you can't find the loan record of the flower garden. However, it does not rule out the upgrade of flower beds in the future, and users are inevitable.

4. After Huayuan's credit report, as long as the user fails to repay the loan on time, a bad credit report will be uploaded, and Huayuan's loan record will also be displayed on the credit report. In fact, this is not necessarily a bad thing for people without credit cards and loans. According to Bai Hua's loan record, it is not a white household as the bank said. It's easier to get loans and credit cards.

Second, the introduction of flower buds

1. Flower Garden, whose full name is Ant Flower Garden, is a consumer credit product launched by Ant Financial. After the application is opened, you can get a consumption quota ranging from 500 to 50000 yuan. When spending, users can prepay the amount of ant flowers and enjoy the shopping experience of "spending first, then paying".

2.2065438+On August 4, 2006, the Ant Flower Garden Consumer Credit Asset-backed Securities Project was listed on the Shanghai Stock Exchange, which is also the first ABS of Internet consumer finance in the Shanghai Stock Exchange. By June of 20 18 and 1 year, Ant Financial has voluntarily increased the capital of two small loan companies by 8.2 billion yuan, and the registered capital has increased from 3.8 billion yuan to/kloc-0.2 billion yuan. On May 6th, 2008, Bai Hua announced its opening to banks and other financial institutions. 202 1. 9. 22 It is reported that the flower buds have been connected to the central bank's credit information system, and users can't use them if they refuse to access them.

Third, the repayment method

1. At the time of consumption, users can prepay the amount of ant flower buds and repay them on the 9th of the following month after receiving the goods. The longest interest-free period can reach 4 1 day. In addition to the consumption experience of "buy this month, pay it back next month, and it is super long and interest-free", Ant Flower Garden has also introduced the function of flower garden staging, and consumers can repay the money in 3, 6, 9, 12 months. The 9th of each month is the repayment date of Bai Hua, and users need to pay off the generated Bai Hua bill on the repayment date. On the due repayment date, the system will automatically deduct the balance of Alipay account, Yu 'ebao (with the function of withholding Yu 'ebao) and fast payment by debit card (including one card) in turn to repay the outstanding part of the bill. You can also take the initiative to repay. In order to avoid overdue, please ensure that the amount of Alipay account is sufficient. If it is overdue, a late fee of 0.5% will be charged every day.

2.20 18, 1 10, the new function of AliPay App announced that Bai Hua's deferred repayment function will be fully opened on 12, 1. To put it simply, the extension of the flower garden is equivalent to a simple transition, which can alleviate the repayment pressure of the pickpocket party to a certain extent. On July 30th, 20 19, Alipay began to make an appointment to adjust the billing date and corresponding repayment date in Bai Hua: users who have signed a contract in Bai Hua for more than one year can enter the setting of Bai Hua-My repayment date after passing the system evaluation. Users can now choose to repay on June 5438+05 or 20, and the billing date will be adjusted to June 5 or 10 accordingly.

(Operating environment: Apple 12, ios 14, Alipay version 10.2.3)