Interpretation of rules:
1. Taobao Loan is a variety of loan services for Taobao sellers under Alibaba Finance. Taobao loan aims to solve the financing difficulties of Taobao sellers. Taobao loans are divided into several loan types, including Taobao credit loans and Taobao order loans, which are open to Taobao sellers and Tmall sellers respectively.
2. Alibaba Finance belongs to Alibaba Group and has several subsidiaries.
3. Self-urging refers to the behaviors used by Alibaba's financial personnel, including but not limited to text messages, letters, telephone calls, home visits, etc. Recover debts from defaulting customers. Outsourcing collection refers to the behavior that Alibaba Finance entrusts a professional institution with relevant business qualifications to recover debts from defaulting customers.
4. A member franchise store refers to a store opened in the name of an associated person or a store of the same actual operator. The franchise stores in the "Default Taobao Loan" also include the stores of the same registrant.
5. "Related person": any individual's immediate or collateral relatives, in-laws (including the equivalent relationship formed by adoption, each called "family member") or close friends within three generations; Or any of the following entities:
(1) Entities owned separately or jointly by employees and/or their family members and close friends;
(2) Entities in which employees, their family members or close friends serve as directors, senior managers or trustees; or
(3) Affiliates of the entities mentioned in (1)-(2).
6. Meet certain conditions: it means that it has agreed to deal with its stores if it or its affiliated companies default on Taobao loans.