It is formal, and there is no risk in use.
1. Although the name of huanbai is very similar to Huabai and borrow Bai, huanbai is not a product issued by ant financial, but a product of focus microfinance company;
2. According to the information published on huanbai's official website, huanbai has a formal business license and will be supervised by relevant departments, which is relatively reliable;
3. It is mainly used for credit card installment, commodity bill installment, living bill installment and lease installment. It can handle these installments;
4. In handling these instalments, a lot of cash technology is adopted to ensure the information security of the borrower. （HaiBaiShiZhengGuiDaiKuanPingTaiMa）