Why do other people have such high Huabei credit limits? What are the tips for increasing Huabei credit limits?

Since opening Huabei on Alipay, many friends have started to go down the road of no return to repay Huabei every month. It feels great when using it, but tears come down when paying it back. When using Huabei, we will find that some people have very high Huabei credit limits, which can be up to tens of thousands of yuan, while we only have a few thousand yuan. What's going on?

Why do other people's Huabei credit limits are so high?

1. The information is relatively complete. The information I filled in includes my personal identity information, especially the provident fund information, which should be one of the information that Alipay trusts particularly.

2. Daily usage habits. I basically need to use Alipay to pay every day, and I use Alipay to pay for daily water, electricity and household expenses, and I also put some funds in Yu'ebao for financial management.

3. The frequency of using Huabei is relatively high, and the monthly expenditure is more than 1,000 yuan. Frequent use of Huabei and timely repayment of Huabei have formed a relatively good credit.

What are the little secrets to increasing the credit limit of Huabei

Sesame Credit is a credit score system launched by Alibaba. The latest score is announced on the 6th of every month. If you want to improve your Sesame Credit score, you must use Alibaba products more often. For example, use Alipay to pay, Taobao for shopping, and AutoNavi and Hello for taxis. In a word, if you can use Alibaba products, choose Alibaba products.

That is, when using Huabei, you can occasionally pay Huabei in installments, which will allow Alipay to earn some interest. But don't cash out, which is severely cracked down by Alipay. Another thing is to add more friends with good credit, which is also a plus!

Why has the 3,000 yuan credit limit on Huabei not been increased?

It is normal for everyone to have a different credit limit. As far as I know, some users even only have a basic credit limit of 500 yuan, but after repeated use and timely repayment, their credit limit will be gradually increased. It is very likely that you cannot use up the current 3,000 yuan credit limit every month, so the system determines that you do not need it very much.

In addition to being used for online shopping payments, Ant Huabei can now also be used in many offline consumption scenarios. If you are dissatisfied with your credit limit being too high, you can also take the initiative to apply to reduce your credit limit.

In short, the "fenfu" products recently launched by Ant Huabei and WeChat are both Internet credit products, which are not fundamentally different from bank credit cards. If you use them frequently and maintain the good habit of repaying on time, they will like you so much that you can expect an increase in your credit limit.