What does Douyin monthly payment mean?

What does Douyin monthly payment mean? This is an issue that many netizens are concerned about. Next, the PHP editor will bring you an introduction to the meaning and functions of Douyin Monthly Payment. Interested netizens should follow the editor to take a look!

Introduction to the meaning and functions of Douyin Monthly Payment

1. Douyin Monthly Payment is launched by Douyin app【Consumption first, then consumption Payment】Financial service , after opening, a certain credit limit will be obtained. Users can shop and consume on the Douyin platform, and then repay the money on time on the due date.

2. Douyin Monthly Payment is similar to Huabei on the Alipay platform and JD Baitiao on JD Finance. It is just that the launch platform is different, and they are essentially consumer credit products.

3, Douyin Monthly PaymentThe maximum credit limit is automatically set according to the personal qualification system, with a maximum of 30,000 yuan. Douyin Monthly Payment supports installment repayment, with 3, 6, and 12 installments to choose from. Users can make automatic repayments, manual repayments, and early repayments.

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