Credit information is no small matter! These details will determine the success or failure of your loan!

Some time ago, some netizens posted that it is necessary to check the credit information to withdraw the provident fund. On the topic of credit investigation, with the explosive growth of loan business, it is particularly necessary to identify the personal situation of lenders.

Regarding credit reporting, what impressed everyone most was that some time ago, major financial lending platforms announced that they would start accessing the credit reporting system. When the news came out, many people panicked. Credit report is an important basis for loans. Reporting all consumption records to the central bank may affect individuals to apply for large loans in the future. If there is something wrong with the credit, you may not be able to borrow money!

What is a credit report? How to correctly understand credit reporting? How to cherish credit information and build a complete personal credit system? This article will talk to you about this topic.

Credit investigation is a physical examination report on the economic situation.

After adulthood, a comprehensive physical examination will be done every year for three to five years, with the aim of finding clues to diseases in advance for early prevention and treatment. The report from the physical examination is called the physical examination report.

Credit investigation is actually a physical examination report of personal financial situation-lending institutions (banks, small loan companies, etc. Judge whether to give you a loan, the amount of the loan, and the cost of the loan (the credit cost is low, otherwise the cost is high).

The credit information system mainly answers three questions: Who are you? Are you able to repay it? Are you willing to pay back the money?

The credit information system will record your name, gender, age, marital status, residential address, work unit and other basic information in detail, so as to determine what kind of person you are, that is, describe "who are you" to the inquiry subjects (banks, small loans and other lending institutions).

Secondly, the credit information system will also record your debts in detail-the amount of debts, lending institutions, loan time, loan term, etc. For example, do you have mortgage, car loan and loan amount, credit card credit amount and used amount, average repayment amount in the last six months, etc. This is to describe your debt situation to the inquiry object and evaluate your repayment ability.

In the credit information system, you will also record your loan and repayment in detail-whether you repay on time, whether you are in arrears, the amount of arrears, the number of times, the length of time and so on. This is to describe your repayment intention to the inquiry object and prove whether you are a man of credit.

The risk control system of lending institutions and the specific measures of pre-lending inspection are mainly carried out around these three points: Why are civil servants and employees of institutions easy to borrow money? Because such people have stable income, relatively high default cost and low willingness to default, they are more willing to repay the principal and interest as scheduled.

Why are people with high wages, high bank liquidity and real estate as collateral more likely to get loans? Because of its strong repayment ability.

Why are people who often use credit cards, borrow money and have frequent contact with banks more likely to get loans? Because of his good repayment record, he is a man of his word.

Understand the order of borrowing channels

Now there are more and more loan channels in the market-traditional banks, credit cooperatives, online lending platforms (mainly banks and small loan companies), small loan companies, trusts ... Many people are confused about the order in which they use them. Generally, what they catch is which, which is convenient to use. The consequence is not only to spend more money, but also to reduce the quota. More importantly, it will destroy the credit information system and affect future refinancing.

What order should we follow in the choice of lending channels?

In the choice of loan, because of mortgage, the first thing that everyone thinks of is bank loan. Compared with other lending methods, banks have lower borrowing costs, the highest amount and the longest service life. Interest is often discounted, amounting to hundreds of thousands or millions, with a term of up to 30 years. So it is no wonder that everyone says that mortgage is the welfare of citizens.

Next, you can consider the online loan platform. Compared with the traditional borrowing channel, its biggest advantage is that it is convenient to apply and withdraw money-as long as you have a smart phone and download an app, you can apply, withdraw money and repay money on your mobile phone. More importantly, interest is usually calculated on a daily basis, and you can borrow it if you want, and you can pay it back if you want. There is no penalty interest, which is very suitable for short-term capital borrowing. For example, when the repayment date of your credit card arrives, you can open it a few days before the payday, although the cost is higher. The daily interest of Baidu's money is about four ten thousandths.

The last choice is small loan companies and consumer finance. Their disadvantages are low dosage, high cost and short service life. Generally, banks and regular online lending platforms will only make this choice if they can't get the money. Therefore, if the small loan company has a loan record in a short period of time, or has outstanding debts, the bank will think that the applicant is particularly short of money and has problems with repayment ability.

Therefore, if small loan companies access credit information, their loans in transit and loan records will appear in the credit information system, which will not only increase the debt amount and debt ratio, but also make banks doubt the borrower's repayment ability, thus affecting loans, which is also the reason behind the opening scene of this paper.

Cherish credit and don't panic about credit reporting.

At present, there are two systems, the central bank credit information system and the hundred banks credit information system. The data of the former comes from commercial banks, credit cooperatives, small loan companies and consumer finance companies. And the central bank is also the management superior of these institutions; The latter's data mainly comes from the consumption and financial data of its eight major shareholders-Ali, Tencent, Ping An and other platforms, including Taobao, JD.COM, WeChat, Alipay, QQ, Ping An Insurance, ofo, mobike * * * enjoys cycling, etc. Perhaps you have found that Baixing's credit information is mainly based on Internet data capture.

Yes, with more and more data accessing credit information in the future-property fees, communication fees, transportation fees, degrees, garages and other asset information ..., you will become a transparent person in front of the system: your evaluation will be more and more accurate and you will be given a more reasonable credit line. The disadvantage is that you will have no privacy. The advantage is that you will get a higher credit score, get a loan more easily, find a job more easily, do business more easily, and stand out more easily.

Therefore, to cherish credit, there is no need to panic about credit reporting, it will only expose the prototype of the faithless, make the trustworthy live better, let good money drive out bad money and purify the environment. Although lending institutions audit loan applicants with the help of credit records, their standards are artificially set and will be constantly adjusted according to changes in actual conditions. When it is found that the record of a small loan company is actually a consumer credit line, it does not mean that the loan applicant has poor repayment ability, and this record will definitely be ignored. Therefore, the function of canceling credit consumption at the beginning of this paper is neither reasonable nor necessary.

We should not only understand the credit requirements of lending institutions for loan applicants (such as caring about the number of loan inquiries and whether to borrow from informal online lending platforms). Therefore, try not to apply for a credit card in the first half of the mortgage application, and also know that it is the general trend for all personal data to access the credit information system, and you should accept it calmly, not refuse it.

Therefore, it is not difficult to borrow, pay back and borrow again-always swipe your credit card and occasionally leave a record of borrowing. We should also bear in mind that the faithless cannot move, and sooner or later they have to pay back the money.

Cherish credit, use credit well, cherish credit!