What's the difference between the meaning of flower bud credit purchase? 124 October, 165438+, Huaya issued an announcement, and Huaya officially started the brand isolation work. In the future, this work will gradually cover more users. Some netizens have updated their flower buds. What does it mean to buy flowers on credit? What is the difference?

What does it mean to buy a garden with a credit card? What is the difference? 1 After borrowing the name of the garden, the garden has also been "separated".

Today, an Alipay news rushed to the hot search-the seven-year-old flower garden was renamed!

Open Alipay, the flower garden has been divided into two parts: the left part is called flower garden, and the right part is called credit purchase.

What's going on here?

Just when everyone was in a daze, Bai Hua officials suddenly issued a statement:

Recently, Huayuan has started the work of brand isolation. After brand isolation, Bai Hua will become the exclusive consumer credit brand of Chongqing Ant Consumer Finance Co., Ltd., focusing on small and medium-sized consumer demand. Consumer credit fully funded by banks and other financial institutions will be updated to "credit purchase" service.

To put it mildly, it is called "brand isolation", which is actually to split the flower buds into two products: flower buds and credit purchases.

So, what's the difference between flowers and credit cards? Why split in two?

First of all, lenders are different.

Huabai is an exclusive brand that ants provide consumer credit services, and it is funded by ants. Credit purchase is a consumer credit service provided by banks and other financial institutions, which is fully funded by banks. Select which bank will display which bank's credit purchases.

Further explanation is that the money lent to you by ants is called flowers; The money lent to you by the bank is called credit purchase.

Secondly, the amount is different.

Flower buds focus on small loans, which are mainly used for small consumption needs of consumers in their daily lives; Credit purchase is used for medium and large consumer demand.

Generally speaking, your spending limit will be greatly reduced and replaced by a bank's credit card limit.

For example, your previous spending quota was 13000 yuan, now it is 3000 yuan, and the credit purchase quota is 10000 yuan.

To put it bluntly, from now on, flower buds can only be used for small consumption, and large consumption needs to be obtained through bank credit purchase, which is equivalent to two products of credit service.

It can be described in one sentence: let ants belong to ants, and let banks belong to banks.

It should be emphasized that users will use Alipay to overdraw in the future, which is equivalent to borrowing money directly from the bank, and the repayment will be directly reported to the credit information system by the bank.

If you don't want to affect buying a house or a car, you must pay close attention to whether it is overdue.

It has been used for seven years. Why did it suddenly change its name?

You may not know that the renaming of Huayuan is a manifestation of the full integration of financial technology into state supervision.

On April 12 this year, People's Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and State Administration of Foreign Exchange gathered together to talk about Ant Financial.

It is unprecedented in China's financial history that four ministries and commissions of the country interview the person in charge of a financial institution at the same time!

According to the rectification plan announced by the state, "Flower Garden" and "Borrowing Garden" will become the exclusive consumer credit products of Ant Consumer Finance Company, and financial institutions are prohibited from using such names as "Flower Garden" and "Borrowing Garden" with the help of consumer credit issued by Alipay.

After completing the rectification work, the two small loan companies withdrew from the market smoothly and orderly.

What does it mean to buy flowers on credit? What is the difference? 2165438+1On October 24th, Bai Hua announced that in order to implement the regulatory requirements related to consumer credit and fully protect consumers' rights and interests, Bai Hua officially launched the brand isolation work. In the future, this work will gradually cover more users.

Judging from the pictures taken by netizens, some netizens' flower beds have been updated to "flower beds" and "credit purchase".

Everyone is familiar with the flower garden, but what is the "brand isolation" this time, what is the "credit purchase" type of service, and what is the impact on daily use? ..... I believe there are many questions. I have compiled a table to help you quickly understand:

Specifically:

1. What is brand isolation?

In fact, the flower garden service that consumers had previously obtained was originally provided by other financial institutions such as Ant Group and banks. However, according to the requirement of China Banking Regulatory Commission in June this year, Bai Hua should become the exclusive brand of Ant Consumer Finance Company, and the consumer credit services provided by other banks can no longer be labeled as "Bai Hua".

Therefore, "brand isolation" is equivalent to clearly telling consumers on the page which financial institution provides consumer credit services for themselves. Labeling "Flower Garden" is funded by Ant Consumer Finance Company, focusing on small and medium-sized consumer demand; What is marked "credit purchase" is the service provided by financial institutions such as banks, which can meet everyone's higher demand.

2. How to use "credit purchase"?

After I upgraded the flower garden, I experienced all the basic functions and found that credit purchase and flower garden are basically the same in the core experiences such as interest-free period, review and repayment.

In terms of the amount, you can find your total amount on the home page of Bai Hua | Credit Purchase. Click on the flowering page and the credit purchase page respectively, and you can see the amount provided by each.

Judging from the situation of netizens printing pictures, the sum of the two quotas of flower garden and credit purchase is almost the same as the original quota.

In terms of daily payment, credit and flowers are independent. Which one do you want to choose? However, because the type of "credit purchase" is more sufficient, it will be recommended to use "credit purchase" when paying. If you want to change it, you can also adjust the priority in "Flower Bud-My-Consumption Preference-Flower Bud | Credit Purchase Priority Payment-Setting Order".

I also found that some orders also support the combined payment of flowers and credit purchases, so you don't have to worry about insufficient quota when you encounter large orders.

There is no change in checking bills and repayment. You can directly summarize the repayment in the total bill of the first page of Huabai | Credit Purchase, or you can enter Huabai or Credit Purchase separately for repayment.

In addition, the original functions such as automatic repayment, repayment alarm clock and call reminder can also be purchased and used through credit.

The interest-free period of credit purchase and flower buds is still the same. If you use it that month and return it next month, you can continue to harvest wool, with an interest-free period of 1 month.

Netizens also found that in terms of installment payment and installment repayment, the rates of credit purchase and flower buds are the same. However, most netizens should repay on time without paying any service fees.

In addition, the issue of credit information that everyone cares about is also explicitly mentioned in Bai Hua's announcement:

The credit information of flower buds and credit purchases will be reported by financial institutions providing services respectively. As long as you maintain good usage habits and repayment habits, it will not have a negative impact on credit reporting.

Netizens also had a heated discussion about the brand isolation of this garden.

Some netizens also believe that it is good to clearly mark the price according to the regulatory requirements, and it will be used clearly in the future. Some netizens also said that as long as the service experience and quota have not changed much and have no impact on themselves, they should still use it.

3. Safety reminder: beware of fraud. If in doubt, please consult the official channels.

It is understood that Huayuan is gradually completing brand isolation in batches. Remind everyone here: if you haven't received the upgrade notice, don't worry, just wait for the information notice. Don't believe those online and telecom frauds in the name of "buying on credit" and "exchanging flowers". If in doubt, please consult the official channels.

What does it mean to buy flowers on credit? What is the difference? After borrowing flowers, it was finally the turn to rename them.

165438+1October 24th, the official announcement of ant flower garden is: brand isolation is officially launched!

To put it bluntly, it is necessary to rename the flower garden, from the original "flower garden" to "flower garden credit purchase", corresponding to two different types of services. "Flower Garden" is a newly established exclusive brand of Ant Financial, and "credit purchase" is a consumer credit service provided by banks.

Not only are service providers and quotas independent of each other, but even bills and repayments have been separated.

In short, from now on, let ants belong to ants and banks belong to banks!

165438+1At the beginning of October, Ant Loan was just renamed as "Credit Loan". This time, Hua Bai will also draw a line with the bank.

Hundreds of millions of users have to bid farewell to the original flowers and borrow them, and a new era has begun.

A large number of people will feel the adjustment of flower beds and borrowing quotas. Whether it is a flower bed or a loan, every adjustment will invisibly raise the user threshold. Naturally, many people are invited out by ants.

Of course, most people won't feel anything.

Some people's quotas will be greatly reduced, accounting for a considerable proportion, because this is the most direct operation of ants to reduce leverage, and some people's quotas will be directly cleared, which is equivalent to being rejected by ants.

It is only a matter of time before all loans and flower beds are included in the central bank's credit information, which will cover more than 654.38 billion consumers.

From now on, the credit status of most people will be in the eyes of the central bank. Credit card violations and overdue loans will become an important reference for banks to judge a user's qualification, and vice versa.

If there is a credit problem, all platforms will be implicated immediately, and the drama of robbing Peter to pay Paul will be completely ineffective.