The flowers are blocked. Can you get the message?

Recently, with the flower buds and loan buds being brought into the scope of rectification of consumer finance companies, some problems have gradually emerged. For example, a netizen suddenly received an Alipay SMS reminder that the loan bud was blocked and demanded a one-time full repayment. Why?

Judging from the content of the short message, it was the user's breach of contract that led to the official announcement that all the books borrowed expired in advance, that is, the books were repaid in full in advance and the books borrowed were closed. Before that, many users were shut down because of loans overdue, and they just closed their access rights and were not required to repay in full in advance, which seems to be more serious than overdue.

Flower buds and borrowing buds are both consumer financial products under Ant Financial, and they are also the originator of consumer finance in the Internet era. Providing services on Alipay plays an important role for Ant Group. Let's summarize the common characteristics of several mainstream consumer financial products on the Internet.

1, ant flower bud: it is a consumer loan product, which can only be used for consumption and belongs to overdraft consumption. The maximum amount is only 50,000, and all the current actions are illegal.

2. Ant borrowing: Although it is a cash loan product, it is still a large-scale consumer financial service, which can only be used for consumption and cannot be used for investment and wealth management.

3. Sweet potato: It is also a cash loan service in consumer finance in the Internet era. Currently providing services on the WeChat public platform. Although the amount involved is large, the general credit can be loaned to 200,000-200,000 as long as it is not damaged. Even people who don't need invitations can only be used for daily consumption and capital turnover, and can't be used for investment and financial management purposes such as buying houses and stocks.

From the summary of consumer financial services on the Internet above, it can be seen that both small consumer loans and large cash loans belong to consumer financial services. Without exception, according to the relevant management regulations of the financial sector, they can only be used for consumer purposes, and they are not even allowed to be used to repay previous debts such as mortgage loans, car loans and stock investment losses. The netizen loan mentioned at the beginning of this article is required to be repaid in full at one time, precisely because it violates the regulations on the use of funds for consumer financial services.

It is understood that this netizen thinks that he has accumulated some experience because of his long-term exploration in the stock market. Not long ago, he took a fancy to a high-quality stock and planned to attack from a heavy position. He used the high loan amount on his Alipay, and as a result, Alipay detected that all the funds flowed to his stock account before the first repayment date. According to the regulations on consumer finance management, the user has breached the contract, because the loan agreement clearly stipulates that the borrowed funds shall not be used for investment such as buying a house or trading stocks.

Illegal use of borrowed funds for investment and financial management is more risky and different from the general overdue attitude. Once the funds for investment and financial management are found, they can be recovered quickly to avoid losses over time. Therefore, general consumer financial institutions require full refund at the first time. General overdue violations basically exist in the late repayment process, and users are really unable to repay overdue, even if it is very difficult to ask for a one-time full repayment to settle the arrears. Therefore, there is a big difference between investment and financial management and overdue treatment, and it also takes into account the actual situation. So now that flower buds and loan buds are included in the more formal management of consumer finance companies, we should pay special attention to them when using them. What do you think of this?