I think everyone should be familiar with flowers. Because I personally often make some small consumer loans in Huabai, I know how to pay back the flowers.
Bai Hua is a credit product launched by Ant Financial, which provides consumer loans to the public. Now, many people will choose to make some small consumer loans in Bai Hua. So, after borrowing money from Baihua, how can Bai Hua repay it? Let's take a closer look.
As for how to return the flowers, in fact, the flowers are a bit like credit cards. Huabai borrowers can enjoy an interest-free period of 1 month, that is, an interest-free period of 30 days, with a fixed repayment time of 10 on the 9th of each month.
In the case of repayment, the borrower can choose to repay in advance, or the system can automatically deduct the money until the repayment date.
If the borrower can't pay off the loan in time after the loan expires, the borrower can also choose to pay a minimum repayment amount, which is about 10% of the total loan amount, and the remaining unpaid part will be automatically included in the next month's bill, and Bai Hua will charge a certain interest at the rate of 0.05% per day.
Of course, you can also choose to repay by installments, and users will also charge some interest for repayment by installments.
After knowing how to repay the loan, we can also know the credit limit of Bai Hua by the way. Bai Hua's credit line is between 500 yuan and 50,000 yuan.
Alipay users can borrow repeatedly within their own loan amount. Because of this, many people who don't understand fund management blindly borrow money in the flower garden, which eventually leads to their inability to repay.
In order to avoid this situation as much as possible in the future, Bai Hua has introduced the "quota management" function, which allows users to set their own loan quotas according to their economic repayment ability.
Based on the above, everyone should have a certain understanding of how to repay the loan, and also have a partial understanding of the loan amount and function of Huabai.
What needs to be reminded here is that you should borrow money according to your own economic repayment ability, and don't borrow money blindly.