What is the credit contract of consumer credit in Bai Hua?

Bai Hua Personal Credit Contract refers to Bai Hua's Power of Attorney for Inquiring and Submitting Personal Credit Information. After the user is authorized, the real situation of the user using Bai Hua will be truthfully reported to the Credit Bureau. Simply put, Bai Hua can query users' credit information. If the user's credit information deteriorates, Bai Hua will not be able to continue to use it and may be shut down.

The flower buds must be returned on time after use, and there can be no overdue return, because there will be penalty interest after overdue, and the longer the time, the more penalty interest. And after the flowers are overdue, the platform will collect them. The common collection method is to call the borrower and urge him to return it.

It should be noted that Bai Hua's overdue credit report will affect the subsequent handling of various loans, such as car loans or mortgages. Moreover, after the overdue arrears are returned, this overdue record will be recorded in the credit report for 5 years, and will automatically disappear after 5 years, and will not exist forever.

When the flower buds cannot be repaid on time after use, users can use installment repayment or deferred repayment. It should be noted that installment repayment and deferred repayment must be applied between the accounting date and the repayment date. You can choose different installments, and the deferred repayment will be charged according to the deferred amount.