Ant Flower Garden belongs to micro-credit and is a consumer credit product launched by Ant Financial.
The full name of flower bud is ant flower bud, which is a consumer credit product launched by Ant Financial. After the application is opened, you can get a consumption 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, then paying".
On August 4, 20 16, the Ant Flower Garden Consumer Credit Asset-backed Securities Project was listed on the Shanghai Stock Exchange, which is also the first ABS of Internet consumer finance on the Shanghai Stock Exchange.
By June of 20 18 and 1 year, Ant Financial has voluntarily increased the capital of two small loan companies by 8.2 billion yuan, and the registered capital has increased from 3.8 billion yuan to/kloc-0.2 billion yuan. On May 6th, 2008, Bai Hua announced its opening to banks and other financial institutions.
Extended data:
Repayment related
1, bill date: this date is the bill date of Bai Hua, and the monthly bill of sunrise month (summary of consumption details and expenses details). Some users support adjusting the billing date, which is subject to the actual page. ?
2. Repayment date: this date is the final repayment time agreed by Bai Hua in the agreement. If repayment is made after this date, a certain overdue fee will be charged and a negative record of overdue will be generated.
3. For users whose billing date is 1, the corresponding repayment date is generally the 8th, 9th or 10 of each month. For some users whose billing date is adjusted to 5th or 10, the repayment date is generally 5th or 20th of each month, subject to the actual page.
Is flower spending an online loan?
Flowers are not loans. Flower buds are used for consumption, equivalent to bank credit cards. They have a 30-day interest-free period. As long as the repayment is made on the repayment date, it can be set to automatic repayment. Don't be overdue, otherwise there will be a high late payment fee, which will also affect their credit information.
Does the name loan include flowers and credit cards?
Not included. Alipay flower buds have the same nature as credit cards and are not loans. As for whether to go to the credit bureau, it depends on the specific situation. After signing the credit agreement, I went to the People's Bank for credit investigation.
Is Hua Bai also an online loan?
The application threshold of online loan is low and the payment speed is fast, which is a way to get money quickly. However, the high interest rate and hidden traps of online loans often make borrowers mired in the quagmire, and excessive online loans will also affect credit reporting. Therefore, many people talk about the discoloration of online loans, lest they avoid it. Alipay flower buds are similar to online loans in experience. It's all borrowed first and then returned. So is Hua Bai an online loan?
First, is Huayuan an online loan?
Ant Flower Garden is a consumer credit product provided by Ant Financial Services and supported by institutions such as Chongqing Ant Microfinance Co., Ltd.
After users open the flower garden, they can get a certain amount of consumption for online shopping, code scanning payment and other payment scenarios. It belongs to the consumption mode of paying first and then repaying, so the flower garden belongs to online loan.
And Hua Bai has been connected to the central bank's credit information system, which means that if the user fails to repay in time, the overdue record may enter the personal credit information report.
Second, the difference between flower beds and online loans
1, loan interest
After users use the flower buds, if the repayment is interest-free, they will be charged an overdue fee of five ten thousandths every day. Even if online loans are repaid on time, they need to charge high loan interest. Once overdue, the overdue fee is quite high.
After the flowers are overdue, Alipay customer service may contact the customer by phone and give a certain grace period. Online lending companies are mixed, and they may encounter violent collection after the deadline.
2. Withdrawal method
The amount of flowers depends on the personal credit score of Alipay. The amount can only be consumed online, and tx is not supported.
, users can't get cash.
Generally, the funds applied for online loans will be directly transferred to personal bank accounts, and borrowers can withdraw and use them without restrictions.
The above is about whether the flower garden is an online loan, and I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.