Will borrowing flowers often affect personal credit information?

As a giant of mobile electronic payment, Alipay's flower buds and borrowing buds have been integrated into our lives, especially flower buds, which are very popular among young people. The data shows that more than 60% of college students open their flower buds and spend tomorrow's money to realize today's dreams. This sentence doesn't seem like empty talk now, but after all, flower buds and borrowing buds are financial tools, and many people ignore a phenomenon when using them, that is, is it possible to borrow buds and borrowing buds? Let me tell you briefly.

1, flower buds will not affect your credit, but will affect your sesame credit.

In fact, in essence, flower buds, like credit cards, can be used for consumption, but not for cash. At present, there is no direct relationship between flowers and personal credit records, only sesame credit scores are closely related. In daily life, if the flower buds can be repaid on time after each use, it will not affect the personal credit record, but the sesame credit branch will increase, which also means that the personal flower buds and loan amount will increase.

However, if the flower buds are not repaid before the repayment date after use, Alipay will charge a certain interest at this time. If the flower garden is overdue for a long time, Alipay will call you for payment, on the other hand, it may close your flower garden channel, reduce your personal sesame credit score, and even affect the normal use of the loan flower garden. If the overdue amount is very large, Alipay is likely to protect its rights and interests through legal channels.

2. The loan is a small loan, which will appear on your credit report.

Compared with flower buds, the biggest difference between them is that the former can only be used for consumption, while the latter can be withdrawn. Because of this difference, these two financial instruments are also fundamentally different. Borrowing buds is more like a small loan. Every time you use a loan to withdraw cash, it is actually equivalent to a loan from a microfinance institution. Of course, every loan will also be reflected in your personal credit report.

Although you can repay the loan on schedule every time you use it, it will also affect your personal credit record. If you often borrow, although it is not overdue, the personal credit report issued by the bank will show that you frequently borrow small loans, and the bank will mistakenly think that you are short of funds and your financial ability is not very good. If you apply to the bank for some loan business at this time, the bank will probably not approve it because there are too many records of small loans.

If you are in loans overdue, you will not only have to pay extra interest, but more importantly, your credit information system will be tainted, which will not only affect the handling of loans, because many large units often ask individuals to show their credit records when recruiting, so you must be careful when using them.

Generally speaking, the flower garden has little influence on the personal credit information system, and only affects the sesame score. Even if the loan is repaid regularly, the loan record will be displayed on the personal credit report. I suggest that you don't need to borrow money in your daily life or try not to. After all, every time you use it, there will be a record of small loans on the credit report. When a bank sees such a record, it will only reduce your points. Some banks with strict audit will even refuse to handle bank cards, loans and other businesses for you.