Can the IOUs be recovered after being locked out of time?

The account in JD.COM Baitiao cannot be used due to overdue locking, and after the customer pays off all debts, the Baitiao account will have the opportunity to be unsealed. However, it should be noted that it is not the customer who pays off the overdue debt and immediately unseals the white account.

Because the customer's personal credit is seriously damaged due to overdue, after paying off the debts, customers need to take time to take good care of their credit, and gradually cover up the old bad records and improve their personal credit by accumulating good consumption records and loan repayment records. Only then can the white account be unsealed.

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“JD。 COM White Strip is the first Internet credit payment product in the industry, which allows users to enjoy the consumption experience of "consumption first, payment later, real-time approval and arbitrary installment", and quickly becomes an industry model, laying the leading brand position of Jingdong Finance in the consumer finance industry.

In positioning, "JD. COM White Strip is a credit payment service for users with high credit rating and consumer demand through the credit evaluation of big data. Users can enjoy the service of paying first and shopping in installments in JD.COM Mall, with a maximum of 24 installments. Bills can also be repaid in installments, with the lowest repayment rate and lower execution rate than bank credit cards. Jingdong Finance Consumer Finance has opened more than 1 100 million users.

Since then, "Baitiao" has also opened up O2O(JD.COM arrives at home), global purchase and product crowdfunding within the JD.COM system, and then gradually covered the fields of renting, tourism, decoration, education, wedding and so on, extending from credit house purchase service to providing credit consumption loans, covering more consumption scenarios and providing credit consumption services for more consumers.

JD.COM Baitiao's service scene has gradually expanded, with nearly 10 million online and offline merchants, covering life and entertainment, business travel, education and training, communication, leasing and other industries. Cooperate with the bank to co-sign the electronic account "White Strip Flash Payment", expand the white strip payment to offline through NFC technology, and further broaden the use scenarios of white strip payment by binding WeChat payment.

In order to broaden financing channels and expand business scale, Internet consumer finance institutions and consumer finance companies have chosen ABS as a new financing breakthrough. For JD.COM IOUs ABS products, users use IOUs to shop first, and then pay. JD.COM reorganized IOUs installment bonds and sold them to financial institutions to obtain liquidity in advance.

At present, white ABS products have been listed and issued in four phases, with quotas of 800 million, 654.38+0.2 billion, 2 billion and 654.38+0.5 billion respectively. At the same time, the issuance process of white ABS has also changed from the previous approval system to the filing system for the first time, which means that the capital flow speed of white ABS will accelerate in the future.

Insiders pointed out that the credit ability under the new wind control is an important performance of financial technology, and asset securitization is precisely the best way to reflect this credit ability.