Paying back is legal and reliable, and it is a formal application for paying back credit card bills.

The operating companies of Huanbai are Chongqing Focus Microfinance Co., Ltd. and Shuhe Technology, both of which hold formal financial licenses. Huanbai is also an installment service platform suitable for multi-scenarios of daily consumption, which mainly provides services such as bill installment and commodity installment for young people. In addition, the returned user information is managed by a professional system, which is very formal and reliable on the whole.

Huanbai is a loan APP under Focus Media. Users can use Huanbai to pay back their credit cards in installments. Moreover, it has obtained the loan license issued by the relevant departments, and is directly supervised by the CBRC. The loan interest rate of the products varies according to the qualifications of users, and the minimum monthly interest rate is .5%. Users can also judge whether they are reliable or not from whether their fees are in compliance.

Precautions:

1. When repaying a loan, the user can repay the loan in 3-12 installments, and there will be a certain interest-free period for the loan. When repaying the loan in installments, the minimum monthly interest rate is .5%

2. The better the user's own qualifications, the lower the loan interest rate will be.