If the flower garden is not connected to the credit information, it will also affect the application of various loan products under Alipay. After overdue, the corresponding overdue negative records will also be submitted to Sesame Credit, which will affect Sesame Score.
After the flower bud is overdue, the function of the flower bud will be directly restricted, and it can no longer be used. After the expiration, a certain overdue fee will be paid. Flower garden overdue fee = overdue principal * overdue days *0.05%.
Huabai is a consumer credit product launched by Ant Financial from 2065438 to April 2005. After users apply for opening, they can get a spending 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 and paying later". Ant Flower Garden Consumer Credit Asset-Backed Securities Project was listed and traded in Shanghai Stock Exchange on August 4, 20 16, becoming the first ABS of Internet consumer finance in Shanghai Stock Exchange.
Flower Garden is an online shopping service provided by Ant Microfinance for consumers, which is "buy this month and return it next month" (return it next month after receiving the goods). Most merchants or products of Tmall and Taobao support the flower garden service. Whether a specific product can be purchased with a flower bud depends on the cashier page. Flower bud products have been officially launched, and the user group is gradually expanding.
Users can repay the goods before next month 10 after confirming the receipt of the goods. They can use the balance of Alipay account, the savings card bound to the account or Yu 'ebao to make automatic repayment, or they can take the initiative to make repayment.
The repayment date in Bai Hua is 10 every month, 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 debit card express payment (including cartoons) in order to repay the unpaid part of the bill.
In order to avoid overdue, please ensure that the amount of Alipay account is sufficient. If it is not paid back within the time limit, a late payment fee of 0.5% will be added daily. At the same time, Huayuan's overdue records will also be submitted to Sesame Credit, which will affect Sesame Credit Score.
In addition, flower buds, Tmall staging, Tmall trying first and then buying, and Taobao using first and then paying will share a consumption quota.
Repayment process
Computer repayment process:
1. Log in to Alipay's homepage and select Flower Garden;
2. Enter the Flower Garden page and click Repayment;
3. Enter the repayment amount, click OK and enter the cashier page. Support repayment channels: balance, balance treasure, savings card express and savings card online banking.
Mobile phone repayment process:
1. Log in to Alipay wallet, click Wealth-Flower Garden, enter the main page and click Repay Now;
2. Enter the amount to be repaid and click "Quick Repayment" to complete the repayment.