In what aspects does personal credit reporting affect?

1. The credit card has an overdue record. This is clearly stipulated. Once an overdue record occurs, it will affect the individual's credit rating. You will not be able to enjoy the bank's interest rate concessions or even get a loan, so avoid overdue credit card payments. If you withdraw cash by credit card, your credit score will not be affected if you pay it back in time.

2. Personal debt is too high. For example, if you have had a loan before, and the loan amount is large, accounting for 70 or 80% of your income, then your credit rating will be lower and you will not be able to borrow so much. money.

3. The personal credit report has been inquired many times by people other than the person. If the personal credit report has been inquired multiple times by other institutions, it is very likely that the credit record inquiry was caused by borrowing money from multiple institutions. This will cause This makes the bank question, why is this person borrowing so much money? Whether the other party waits for approval will affect the loan, so everyone should pay attention to some loan information and limit inquiries on the Internet, such as certain loans, etc.

4. Whether your spouse’s credit is good or not is a very important factor. If you are married, if your spouse has bad credit, has a past due credit card record, or has excessive debt, it will affect your personal credit rating.

5. Whether the individual has defaulted on paying taxes and fees. If so, it will appear in the credit record, resulting in a decline in the rating.

6. Data other than credit, such as unpaid property fees, water bills, electricity bills, gas bills, etc., will lead to a lower credit rating.

Extended information:

Personal credit reporting refers to the collection and processing of personal credit information by personal credit reporting agencies established in accordance with the law, and provides personal credit information inquiry and processing according to user requirements. Evaluate the activities of the service. A personal credit report is a personal credit history record that the credit reporting agency collects in accordance with the law, processes and organizes it in accordance with the law, and finally provides it to legal information inquirers in accordance with the law.

Credit report

Currently, it is mainly used for various consumer credit businesses of banks. As the social credit system continues to improve, credit reports will be more widely used in various commercial credit sales, credit transactions, recruitment and job hunting. In addition, personal credit reports also provide the inquirer with a way to review and standardize his or her credit history behavior, and form a verification mechanism for personal credit information.

Credit information

1. Basic personal information used to identify an individual and reflect his or her family, career, etc.;

2. Individuals and financial institutions or Personal credit information formed by credit relationships with institutions such as housing provident fund management centers;

3. Personal credit purchase and payment information formed by credit purchases between individuals and commercial institutions and public utility service agencies;

4. Public record information related to personal credit formed by administrative agencies, administrative executive agencies, and judicial organs in the process of exercising their powers;

5. Other information related to personal credit .

Influencing Factors

The main factors that may affect personal credit risk scores are: there have been overdue repayments on loans, or credit card overdrafts have not been repaid within the agreed time limit and repayment amount. funds, or have too many loan accounts, credit cards, etc.

Credit Information System

Personal credit information system, also known as consumer credit information system, mainly provides personal credit analysis products for consumer credit institutions. As customer requirements increase, the data in personal credit information systems are no longer limited to traditional operational areas such as credit records, and attention has gradually shifted to the business field of providing comprehensive social data services.

The personal credit system contains extensive and accurate consumer information, which can solve the constraints of insufficient customer information on corporate marketing and help companies reach their target customers in the most effective and economical way. , so it has extremely high market value, and the application of personal credit system has also been extended to areas such as direct sales and retail. In the United States, one-third of the profits of personal credit reporting agencies come from direct sales or database marketing, and personal credit reporting systems have been widely used in corporate marketing activities.

Reference materials: Personal credit report Baidu Encyclopedia