Like most of the online loans do not have access to the central bank credit system, and these online loan records will generally be in the big data.
Credit reports are divided into personal credit reports as well as corporate credit reports, which are records issued by the People's Bank of China's credit center that record personal credit information and are used to inquire about the social credit of individuals or companies. The credit report is divided into three categories, namely basic personal information, credit transaction information and other information.
The new version of the credit report of the central bank's personal credit system is now online, and the "validity period" for overdue records has been officially set at five years. The new version of the credit report sets the starting point for overdue information at October 2009, after which bad repayment records have been deleted.
Because the department did not specify a statute of limitations for negative records, the old version of a personal credit report would have shown overdue records, no matter how many years old they were. The new version of the credit report only shows consumers' late records within the last five years.
If your credit report shows that you have borrowed money and not paid it back, banks are bound to be cautious when considering whether to give you a loan. It is highly likely that the bank will ask you to provide collateral or security, or reduce the loan amount, or increase the interest rate, or refuse to give you a loan. If your credit report reflects that you have already borrowed a lot of money, the bank will also be cautious and may refuse to give you another loan for fear that you are too indebted to afford it.
Credit collection is an activity in which a specialized, independent third-party agency establishes a credit file for an individual or an enterprise, collects and objectively records his or her credit information in accordance with the law, and provides credit information services in accordance with the law, which provides a platform for specialized credit-granting agencies to ****enjoy credit information.
The creation of credit collection activities stems from the creation and development of credit transactions. Credit is a special form of value movement conditional on repayment, including money lending and merchandise on credit and other forms, such as bank credit, commercial credit and so on. The modern economy is a credit economy, credit as a specific economic transaction behavior, is the product of the development of commodity economy to a certain stage.
Credit is essentially a creditor-debt relationship, that is, the credit-granting party (the creditor) believes that the credit-receiving party (the debtor) has the ability to repay, and agrees to the future repayment of the promise made by the credit-receiving party. However, when the commodity economy is highly developed and the scope of credit transactions is becoming more and more extensive, especially when credit transactions spread to the whole country and the world, it will be extremely difficult for one party to a credit transaction to understand the creditworthiness of the other party.
At this time, the creditworthiness of the main body of market transactions has become a kind of demand, credit activities also came into being. It can be seen that credit collection is actually with the emergence and development of the commodity economy and the development of credit information services for credit activities.