First of all, let's talk about flowers -- this is a consumer credit product from Ali Baba, which has gone into our daily lives and made it easier for us to buy and sell. A common question for a flower user is: “When will the amount recover when I have repaid the flower

How long after the flowers are cleared

First, the good news is that the amount spent can be recycled. In other words, if you pay off the money, the amount will be restored immediately, and then you can use it again for shopping. This process does not take a long time and is generally able to recover in real time。

It should be noted, however, that if you have chosen to pay in instalments, your amount will be restored accordingly in accordance with the amount you have repaid. This means that you have only partially repaid the amount, which cannot be restored in full. Moreover, a fee would arise for amortization. So only if you pay your dues and your fees, will the days of the waste come to an end。

For example, if you need to repay the sum of $3,000, when you pay the sum of $3,000, your spending will be restored. But if you choose to pay the sum of $3,000 in three instalments of three months and pay back $1,000 each, you can only recover the sum of $1,000 once you have paid the fee of $1,000 and $25 per period。

So, how does the rate of recovery depend? The credit ratings, the repayment history and your personal data are involved:

Credit scoring: The rate of recovery of the amount spent is closely related to your credit scoring, and the higher the credit scoring, the faster the amount recovers. On the other hand, if you have a lower credit rating, even if you have settled your arrears, it may take some time to recover the amount。

2. Repayment history: Your past repayment will also affect the pace of recovery at a reduced level. For example, if there are defaults or arrears in your repayment records, the recovery rate will be slower. If you pay your arrears consistently and on time, the recovery will be faster。

Personal data: Ali Baba will use your personal data to manage her consumer credit product. If your personal data are good and reliable, then the rate of recovery should be accelerated。