What will happen when Alipay borrows flowers from 50 yuan?

1. Failure to spend money will also cause your credit record to be bad, which will affect your future loans. Like the credit report, it will also be reflected.

2. It will affect your sesame score. Reduce your sesame credit rating, etc.

3. There will be overdue fee, overdue fee = overdue amount * overdue days *0.05%.

Within 9- 13 days after the repayment date, users will be reminded of repayment by SMS, automatic voice, etc. If the user fails to repay the loan, we will remind him manually after 13 days overdue. If the amount is large and can't be contacted by phone for many times, the relevant party will be contacted to remind the user to repay.

Extended data:

Using ant flower buds without repayment will also affect online shopping in the future. You can't pay with ant flowers, and you can't participate in the store's preferential activities. Ant flower buds will urge users who don't pay back the money, which may affect the normal life of debtors and even the lives of relatives and friends. Once Ant Financial takes legal measures against the users of Ant Flower Garden who don't repay the money and brings them to court, then these debtors are likely to enter the blacklist of untrustworthy people. In the future, faithless people will face the dilemma of not being able to fly and buy private cars. Therefore, Bai Hua should repay on time on the repayment date.

In order to avoid overdue repayment due to personal reasons, automatic repayment or reminder can be set up to abide by the loan credit and maintain a good credit rating.

References:

Baidu Encyclopedia Bai Hua