Ant flower buds, as a personal consumption credit loan product in Alipay, are loved by young consumers.
users who open flower buds can use the flower bud quota to spend first and then pay, which provides more convenience for people. However, as long as users of Alipay flower buds must pay attention to these two situations, otherwise they may be blocked.
1. The flower bud is overdue
Flower bud is a credit product that is consumed first and then repaid. Users must repay the flower bud on time within the specified repayment period. At present, the repayment date of flower bud is the 9th or 1th of each month, which is determined by the system and cannot be modified manually.
if the cardholder can't repay the arrears in full within the specified time limit, he can choose to handle the installment or repay the minimum arrears.
if the user fails to repay the arrears on the specified repayment date, or the repayment amount is lower than the minimum repayment amount, then overdue will occur.
overdue will affect the user's sesame credit, and this bad record will be recorded in the personal credit file. If the overdue circumstances are serious, the system may permanently close the user's flower shop function.
2. Cash out of flower buds
The function of flower buds is similar to that of credit cards. Users can overdraw their spending and enjoy the interest-free period as long as they pay off their debts within the specified repayment period. Some users may take the risk of using flower buds to cash out when they encounter financial difficulties.
the official of AliPay clearly states that users can't cash out with flower buds, so once Alipay discovers that users have cash-out behavior, the user's flower bud account may be subject to platform risk control.
in the case of light cash-out of flower buds, the system may reduce the amount of flower buds for users or temporarily prohibit users from using flower buds.
if the cash-out situation is serious, users may be permanently banned from using flower buds by AliPay.
As it is illegal to cash out the flower buds, if the circumstances are serious, users may be sued by Alipay and be investigated for legal responsibility. Therefore, you should never use the flower buds to cash out.