At present, the overdue petty cash will not submit a credit report, but your overdue or one-day overdue repayment will be uploaded to Sesame Credit Score. If your sesame score decreases, it will affect your other loan products in Alipay, such as Lending Bao and Flower Blossom, which are all linked to your personal sesame credit score. In the credit investigation, the overdue situation will also be graded, 1-30 days overdue is 1, 30-60 days overdue is 2, and 90 days overdue is 3. The longer the overdue period, the more serious it will be. If the overdue time is within 30 days, it will not be particularly serious. But if there are too many overdue times, even if it is only one day overdue, the plot will be very serious.
Alipay reserve fund is temporarily overdue. Although the reserve fund cannot be credited, according to the official answer, the overdue penalty interest will be charged on a daily basis if the reserve fund is overdue; The function of the reserve fund will be restricted and cannot be used normally; Overdue records are uploaded to Sesame Credit, thus affecting the influence of Sesame Credit. Moreover, if the reserve fund is overdue for a long time, it will also be charged by Alipay platform. Therefore, we suggest that you must repay the loan on time and keep a good record of its use, so as not to affect our sesame credit due to overdue, and other loan products cannot be applied for.
About the reserve fund
The reserve fund originally refers to the reserve fund allocated by enterprises to internal fund-using units or individual employees as sporadic expenses. Now it also refers to the credit line given to users by financial institutions such as banks. Bank reserve refers to the cash withdrawal amount given by the bank to credit card holders, which does not occupy the credit card amount. At present, the reserve fund is mainly used for small and sporadic reimbursement of expenses, and its scope of use is: personal expenses other than unified salary payment items stipulated by the state; Travel expenses that business travelers must carry with them; Other expenses that really need to be paid in cash, etc.
Alipay reserve is a loan function of Alipay. Alipay reserve fund can be lent to the balance in real time and returned automatically after 7 days. Alipay reserve fund can be returned in advance, and can be used again after being returned in advance, with a charge of 1.99 yuan each time. However, according to the system evaluation, the amount and expenses will be different, and the reserve fund will have the opportunity to enjoy limited activities, depending on the page display. Moreover, more use of the reserve fund will help to accumulate sesame credit.