Does Xiaohua Wallet need authorization for credit investigation?

With the strengthening of internet financial supervision, various online lending platforms have also been connected to the credit information system. Therefore, when applying for a loan, Xiaohua Wallet will ask the borrower to provide authorization to facilitate the inquiry of the borrower's credit report. If the borrower's credit report is tainted, it is difficult to apply for a loan in Xiaohua wallet.

In modern society, if someone has problems with his personal credit information, he will face the following difficulties:

(1) Loan service is difficult to obtain. If a person's personal credit information is tainted, it will be difficult for him to obtain loan services from financial institutions, and he can neither apply for loans nor apply for credit cards.

(2) affecting travel. If the borrower's overdue behavior is serious, the borrower may be included in the list of people who have lost their trust. At this point, the borrower will not be able to travel by plane or high-speed rail. Moreover, when taking the train, the borrower can't bring boxes and soft sleepers.

(3) Affect consumption. After being included in the list of people who have lost their trust, overdue personnel will not be able to make high consumption unrelated to basic life.

(3) affecting employment. With the increasing importance of personal credit, many employers will require the personal credit of job seekers when recruiting. If the employer finds that the credit report of the job seeker is tainted, it will reject the job seeker's employment application.

There are really many loan softwares now.