How to inquire about credit information
There are many ways to inquire about credit information, which can be institutional inquiry or personal inquiry.
Personal inquiry can go to a nearby bank to apply for inquiry, or online inquiry. Go to the homepage of official website Credit Information Center of China People's Bank, find the "Internet Personal Credit Information Service Platform" and apply for credit information. Individuals have the opportunity to inquire about credit information for free twice a year.
The credit history was wiped out in a few years.
When it comes to automatically eliminating credit records, we usually discuss two figures, one is two years and the other is five years.
Speaking of credit cards, if you have overdue records, don't rush to close them. Keep a good record for two years and the record will be overwritten.
In terms of credit repair, if bad records have appeared in the central bank's credit report, borrowers should immediately repay the principal and late fees and continue to maintain good credit habits. After five years, this overdue bad record will be overwritten.
Too many inquiries will really affect loan approval.
There are two situations:
1. Loan inquiry: For example, a borrower borrows from several financial institutions at the same time and finally applies for a loan from a bank. The bank found that the loan record was too high through credit inquiry, and the bank would refuse to lend on the grounds that the borrower was heavily in debt.
This is a common measure for banks to avoid risks.
Second, there are only inquiries, but no loans: for example, when applying for a small loan amount, due to the inquiry of credit records, the inquiry of credit cards that were not approved when applying for credit cards, and the time when banks inquired about credit reports, even loans were not displayed.
The bank also refused to lend, thinking that the applicant may be in urgent need of funds or have liquidity problems.
Each bank has different requirements for the amount of personal credit, but too much credit will undoubtedly have an impact on bank loan applications.
Generally speaking, the number of times to check credit records is no more than two times a year.
How can I not be rejected because of this query?
First of all, you need to know the company you want to apply for a loan. They asked whether to look for nearly three months, a month or another time.
Generally, in the past three months, if the inquiry is exceeded, the application will not be applied, or if it is close to his inquiry requirements, it will be easily rejected;
If the query does not meet its requirements, you can only wait and wait for the process, but you can't query, otherwise you will query in vain. If you know that you are querying, you can register in the credit information center, which is more troublesome, or you can read it at a bank that can make copies.
Credit history refers to your loan business with financial institutions, including credit card, quasi-credit card and loan information, as well as the repayment situation of each period.
Reflect whether the repayment is overdue, the number and time of overdue, and keep it for five years. The status bar only shows the repayment records in the last two years.
Banks generally only refer to the past two years, of course, if you had bad loans two years ago.
It is not recommended that you check your credit history and apply for credit cards frequently. If the loan is too frequent, the lender will think that you are in urgent need of financial loans, and the chances of loan will become smaller and smaller.