Beijing operates black household loans.
If the credit information is not good, there will be a bad credit record in the credit center, but it is not necessarily impossible to borrow again. It depends on the specific situation of your credit. If the bad credit rating is low, you can still borrow, but the lending bank will reduce the loan amount or shorten the repayment period according to your credit situation. If the credit record is really bad, it is estimated that no bank will lend you money.