Would you like to receive the credit information of installment payment? Is it okay to repay on time?

Would you like to receive the credit information of installment payment? Is it okay to repay on time?

Credit information is becoming more and more important in our daily life. Now we need to have a good credit status when making any compliant loans, so many users now attach great importance to their credit information.

Many users are also very concerned about whether the loan account they choose will be used for credit investigation. In fact, many loan accounts are collected at the meeting now, so will the installment music be collected?

In fact, credit information can be divided into two situations. The first is that, like a credit card, it will enter the credit information system from the beginning of the application. The second is that when the user has overdue repayment, the loan platform will report the overdue situation of the user to the credit information system.

At present, installment music belongs to the second kind of credit information. Once the borrower fails to repay the loan, installment music will report the overdue record of the user.

In fact, whether from the beginning of the loan or in the later period, as long as the user repays on time and has no overdue repayment, the impact on himself will not be great, and there will be no bad credit record.

Therefore, although installment music is based on credit information, as long as users repay on time, it will not affect themselves.

Once the user's credit information is overdue, the situation will be more serious, and it will even directly affect his application for car loan and mortgage in the future.

In addition to the impact of loans, bad credit reports may also have the following effects:

1, affecting your own traffic:

If the user's credit information is very bad, it is possible to directly enter the credit blacklist. Users who enter the credit blacklist will generally be greatly restricted in their travel, and vehicles such as aircraft may not be able to ride.

2. Affect employment:

It restricts some units to check the credit information of job seekers when recruiting personnel, so once the credit information is poor, it will definitely affect their employment, and if users want to take the civil service or institutions, the credit information is basically hopeless.