1. Does p2p affect personal credit reporting?

This is to be affected.

P2p has been strictly prohibited by the country. If you have participated in it before, you can end it early, and then there will be no record in the credit report after two years.

2. Is there a credit report for online loans?

1. Positive answer

If the online loan is connected to the People's Bank of China's credit report, the loan record will be uploaded to In the People’s Bank of China credit reporting system.

2. Specific analysis

As online loans are not connected to the credit report, the loan records will not be uploaded to the credit report.

According to regulatory requirements, the borrowing records of most online loan products are reported to the credit report. As long as such loans are overdue, overdue records will be uploaded to the credit report simultaneously.

Therefore, after applying for an online loan, you must pay attention to repaying the loan on time to avoid overdue records being uploaded to the credit report, which will lead to a bad credit report.

You can clearly understand your own big data problems on: Beijian Quick Check. It is an efficient, accurate and complete big data system that cooperates with more than 2,000 online lending platforms to provide accurate and comprehensive data.

3. Is there a record of rejection of online loans in personal credit reports?

Whether there is a record in the personal credit report of a person who has been rejected for an online loan depends on whether authorization to query the personal credit report is required when applying online.

If authorization is required to check the credit report, and the online loan application is rejected, a loan approval inquiry record will be left in the credit report.

There is no need to authorize the credit check. If the online loan application fails, no record will be left in the credit report.

Most online loans have been linked to credit bureaus, that is, you need to authorize the credit bureau when applying. If the loan application fails, the credit bureau will leave a loan approval inquiry record. If the application is successful, an approval inquiry record will be left. A record of successful borrowing.

Loan approval inquiry records will not affect your personal credit report, but too many such records will cause your personal credit report to be ruined.

After your online loan application is rejected, you should not apply for online loans frequently.

A better approach is to wait a while before applying again, and at the same time, during the period when you are not applying for a loan, continue to accumulate a good credit record and actively improve your overall credit score.

3. Are P2P loans subject to credit reporting by the People's Bank of China

Not yet. Most small loan companies are P2P platforms and have no direct relationship with banks or credit reporting systems. Basically, overdue loans or bad debts from small loan companies on the market will not be included in the credit report, but they are already preparing for this matter, connecting the credit system of P2P credit with the personal credit of the People's Bank of China.

4. Do p2p loans go to the People’s Bank of China for credit reporting?

On September 14, 2015, the Internet financial risk information sharing system led by the Central Bank Payment and Clearing Association was officially launched. This system will help improve the overall risk control capabilities of the P2P online lending industry.

It is reported that this system organically integrates the scattered data of various P2P online lending institutions to reduce the information asymmetry between P2P institutions and borrowers.