It is said that I want to go to the household registration place to see if it is true or not after the deadline.

Whether to visit the household registration is determined according to the expected amount. If the estimated amount is relatively large and repeated collection fails, it is possible to visit the household registration.

Huabai is a credit product of Ant Financial, which uses the form of first consumption and then repayment. Users can use flower buds for offline physical store consumption, use Tmall or Taobao for online consumption, and repay on the repayment date after consumption. Users can choose to pay for flowers when paying, and they can use them normally. It should be noted that the amount spent by users should be within the credit line of Bai Hua. Its credit limit is related to the user's personal credit status, usually between 500-50000 yuan.

1. What will happen if you don't send flowers?

1. Default interest will be charged at the daily interest rate of 0.05% from the overdue date. The longer the overdue period, the more penalty interest will be charged, and the more fees the customer needs to repay.

2. Due to the relationship between Huayuan and Sesame Credit, the overdue negative record will be submitted to Sesame Credit, and the sesame score is likely to be affected and may decline. If Huayuan also accesses the central bank's credit report, the overdue situation will be reported to the customer's personal credit report, and the personal credit report will be damaged.

3. The function of the follow-up flower garden may be restricted, and the account risk will increase due to overdue, and the system may freeze the quota. Moreover, if the flowers are overdue, customers will be prevented from going to banks or other consumer financial institutions for credit business because of credit problems. Customers are advised to remember to pay back the money on time after using the flower buds. Flower buds, like credit cards, provide interest-free services. As long as the customer can pay off in full within the stipulated repayment period, there will be no interest and only the principal will be repaid.

2. How to calculate the interest of flower buds:

Interest = total repayment principal × installment interest rate. However, due to the different number of installments, the installment fee rate will be different, and the specific expenses will be subject to the page display. If the customer only pays the minimum repayment amount when repaying Bai Hua, the remaining unpaid principal will be calculated at the daily interest rate of 0.05% from the day after the repayment date, and will be included in next month's bill. If the flowers are overdue, there will be overdue penalty interest every day from the date of overdue. Overdue fee = overdue amount ×0.05%× overdue days.