2. Detailed description:
A. Flower buds and borrowing buds are consumer credit products launched by Alipay, which are borrowed and repaid in installments through Alipay platform.
B. If the user is overdue for more than four or five days, Alipay will report the overdue information to the basic database of personal credit information of the People's Bank of China, which is also commonly known as the "credit information system".
C. This means that overdue records will have a negative impact on users' future applications for loans, credit cards and other financial services, and reduce their personal credit rating.
3. Summary:
Flowers and loans overdue for four or five days will be credited, which may have a negative impact on personal credit.
4. Extended information:
A. The credit information system is managed by the People's Bank of China to record personal credit information and provide it to financial institutions for reference.
B overdue records will be kept for a period of time, depending on the overdue period and repayment.
C. Personal credit records are directly related to the personal credit status in the financial field and the ability to obtain loans.