Almost all online loans are on credit, because illegal online loans have been banned, and now the loans on the market are formal loan products.

Before answering the question that online loans are not creditable, let's first understand what online loans are. According to Baidu Encyclopedia, peer-to-peer lending borrows money through the Internet platform. Online loan house is a relatively objective display platform, through which you can get a general understanding of the online loan platform currently in operation.

Nowadays, some online loans are on credit, and some are not. How do we know if they are on credit? Check his lenders.

Platforms with a certain scale and brand influence, or platforms with a strong background, have long been connected to the central bank's credit information system, such as micro-loans, lending treasures, JD.COM IOUs, Suning's free payment, and good loans. Moreover, a large number of small platforms are not connected to the central bank's credit information system, so they will not be credited.

When a bank or online lending platform decides whether to grant credit (i.e. loan) to an applicant, it will investigate the applicant's credit record and examine and analyze the applicant's repayment ability and willingness. If it is found that the applicant is short of funds or has more loans from other institutions (including credit card lines), it will reduce the repayment ability of the applicant and increase the probability of rejecting new loans.

Is there a credit report for online loans?

Almost all online loans are on credit, because illegal online loans have been banned, and now the loans on the market are formal loan products.

When online lending was mentioned before, many people would associate it with usury. There is nothing wrong with this idea, because the interest rate of online loans is very high, which has seriously exceeded the annualized comprehensive interest rate of credit cards. In most cases, users are not recommended to apply for online loans.

At present, there are two mainstream loan products in the market, 1 is a loan company mainly engaged in loan business, and the second is the loan service of Internet companies. But no matter what kind of loan products, these loan products are characterized by high interest rates and convenient application. For many users who don't have the concept of loan, the easiest thing to expose them to leverage is online loan.

The credit information mentioned here is the credit information of the central bank, which can be understood as the most important part of the current credit life system, because when we are engaged in social life, banks will comprehensively evaluate the bank's credit information to make the approval and selection of the quota. For those users with poor personal credit information, banks generally will not approve the relevant loan amount, while online loans and credit cards will affect personal credit information records.

Some people may think that the online loan they applied for will not be reflected in the credit information as long as it is not passed. This idea is naive, because when a person applies for a credit loan product, this person will authorize the relevant companies to inquire about their credit records, which is an inquiry behavior.

For banks, banks don't care whether a user has a substantial overdue record. As long as the bank finds that the frequency of this user's short-term application for credit cards or loans is too high, it will assume that the user's repayment ability is insufficient, which is why we often say not to apply for loans and credit cards frequently.

Is the online loan platform loan also on credit?

Online lending platform loans are also on credit. Many online lending platforms have cooperative relations with the credit information system of the People's Bank of China. In addition to overdue records, normal repayment records will also be recorded. In order to avoid the influence of online loan records on personal credit information, users need to return each online loan on time. If they are not careful, they must settle it as soon as possible to minimize the overdue impact.

If the online loan has a grace period for repayment, then the repayment within the grace period is normal repayment, and there will be no overdue credit record.

Is there a credit record at the online loan meeting?

Some loan information in online loans may indeed appear in the personal credit report of the central bank. If a general lending institution makes a credit inquiry at the meeting, there will also be relevant reminders: if the loan is seriously overdue and has not been returned many times, it will be reported to the central bank and recorded in your credit report. So don't take any chances, overdue repayment will be very serious. When choosing online loans, you should also consider your repayment ability as much as possible and control it within your repayment range.

How long will the online loan be overdue? We should comprehensively look at the following aspects:

1. Loan platform, some online loans will be reported once they are overdue, and some online loans will have a grace period, and they will be reported after the grace period.

2. Overdue amount. If the overdue loan amount is relatively small, some platforms will not upload overdue records, but if the overdue amount is relatively large, the speed of credit collection will be faster.

3. The length of overdue. The longer the overdue time, the higher the probability of credit investigation.

What will happen if the online loan is overdue? There are usually the following consequences:

1. blacklist

One of the serious consequences of overdue repayment of online loans is being blacklisted. The overdue record of personal credit information system does have an impact on personal credit, but it will not add users to the loan blacklist. The blacklist here means that those who are accused of litigation, long-term non-repayment and resistance to execution will be blacklisted, so once blacklisted, they will not even be able to apply for loans or credit cards in the future.

2. Personal credit is bad

If the online loan is overdue, report the overdue record to the People's Bank of China and record it in the personal credit report. Once the personal credit report is stained, it will have a certain impact on future banking-related businesses, such as credit card applications and bank loans.

3. Have a strong interest

As we all know, overdue will generate certain interest and overdue fees. If it is overdue for a long time, the interest and expenses will increase and roll up.