It does not appear in the user agreement of Good Loan APP: from the date when I sign this authorization letter to the date when the final result is determined or the repayment date, I authorize Good Loan APP to inquire, save and use my credit report through the credit information system to review the loan application. Therefore, it is not necessary to check the credit information when borrowing an APP.
Although it is good to check and not check the credit by APP, users still need to repay on time. Users need to repay all debts under their own names. If they don't repay their debts, the bad credit records will not be automatically eliminated in the credit information system.
Bad records will be automatically eliminated after 5 years only if the user returns the arrears. Users should get into the habit of checking their personal credit reports every year, but don't check their credit records many times in a year, otherwise banks will think that users' financial ability is problematic and their credit will be discounted.
Users need to develop the habit of living within their means, make their own consumption plans and not be over-indebted. The debt ratio will affect users' application for loans and credit cards, and affect their daily life in the future. After the deadline, it is necessary to negotiate with the lender to solve the problem.