Ants borrow money. Will credit be collected at the normal repayment meeting?

Borrowing is a loan service for personal consumption launched by Ant Financial. If borrowing is used, the repayment of the user's loan will be uploaded to the personal credit report, reflecting the operating loan of the "online merchant bank".

The most basic function of credit record is to understand and verify the credit information of others, improve the information asymmetry of both parties to the transaction through the spread of credit information, and restrain the behavior of both parties to the transaction. Borrowers with good credit records can not only get loans faster, but also easily get higher loan quotas and more favorable interest rates. On the contrary, if the borrower has a serious bad credit record, it may be rejected by the bank in the credit application.

Frequent overdue or installment will reduce personal credit rating.

"When banks inquire about customer credit records, they will generally see how many yuan of consumer loans are displayed on the customer credit records, but they cannot inquire whether these consumer loans are from online lending platforms or credit cards." The bank's staff responsible for consumer loans told reporters that as long as they are repaid on time and not overdue, these consumer loans will basically have no impact on personal credit reporting. However, if it is overdue or phased frequently, it will lower the bank's rating on personal credit information.

The staff member said that the bank will check the customer's credit information when handling each loan. JD.COM Bai Hua, IOUs, micro-loans and other products are all consumer loans displayed in the credit information system. Banks usually interview customers to judge the specific purpose of loans and what platform they generate.

Reference to the above content: Ya 'an Municipal People's Government-Will the use of products such as flower buds and borrowing buds affect credit reporting? Banking industry insiders: most of them are included in the credit information system? Frequently exceeding the (sub-) period will reduce the personal credit rating.