1688 credit period transaction is reliable.

[1] For buyers: Cheng e Credit does not require any service fees or handling fees. After confirming receipt of the goods, buyers can enjoy a 30-day interest-free credit period, and the longest interest-free credit period can be up to 48 days. As long as the buyer repays on time, it will not have a negative impact on personal credit.

[2] For sellers: For sellers, the main risk is that the buyer may not pay on time after the credit period expires. In this case, Cheng e Credit is insured by Sunshine Insurance. If the buyer does not pay on time, Sunshine Insurance will compensate for it, and the corresponding buyer's overdue record will be uploaded to the credit report.

Combining the above content, Cheng e Credit is relatively safe for both buyers and sellers. Buyers do not need to pay handling fees, service fees and interest, which can avoid falling into the trap of usury; and for sellers, there is insurance protection to avoid the situation where funds cannot be recovered.