Will Taobao's overdue payment affect credit reporting?

Yes Taobao's first use and then payment is essentially a credit consumption behavior. When consumers choose this method, they need to provide personal credit information for evaluation. If consumers' credit evaluation results are not good, they may be refused to use Taobao first and then pay, thus affecting consumers' shopping experience. If consumers choose Taobao's service of using first and paying later, but fail to pay the money on time, their credit records will be affected. In Taobao's service of using first and paying later, if the consumer fails to pay within the specified time, Taobao will take certain collection measures, including sending SMS, telephone and other reminders to the consumer and reporting overdue information to the credit reporting agency, which will affect the consumer's personal credit record. If consumers don't pay back many times, they may be blacklisted, which will affect their future credit consumption. Therefore, consumers need to pay attention to their own credit evaluation when choosing Taobao's service before use, so as to ensure timely payment and avoid adverse effects on personal credit records.