It is reported that the People's Bank of China has accepted the application for personal credit information service of Baixing Credit Information Co., Ltd.. Baixing Credit Information was jointly established by China Fund Industry Association and eight credit information companies, among which China Fund Industry Association holds 36% of the shares and the other eight credit information platforms each hold 8%.
We know that in order to prevent "Lao Lai" users from maliciously overdue and refusing to repay, since 20 18, various online lending institutions have gradually started to connect with the central bank's credit information, credit information platform and Internet arbitration institutions. Below, I will introduce the differences between the central bank's credit information, the letter-linking platform and the Internet arbitration institution.
1, Central Bank Credit Information
The central bank's credit information system is the credit information system of the People's Bank of China, and it is the most authoritative credit information institution at present. Mainly used by banks and financial institutions. Its main function is to collect credit information according to law, objectively record users' credit information and provide credit information services to the outside world according to law. According to my statistics, at present, the institutions that contact the central bank for credit information are: Huanbai, Micro-loan, JD.COM Gold Bar, Qian Bao, Online Business Loan, Credit Wallet, Suning Renxing Payment, Flash Bank, Wing Payment, Gitzo, American Loan, Instant Finance, Trust Wealth, Cash Loan, and 2345 Loan King.
2. Xinlian
Xinlian is a personal credit information platform decided by the central bank to be led by Jin Mu Association. Xinlian will include the financial credit data of individual customers not involved in the central bank's credit information center, build a national basic database, and realize information sharing in the financial industry. It is understood that the institutions that have been connected with Xinlian are: Trust Wealth, Credit White, Jiufuwanka, Flash Loan, Magic Cash Loan, Money Loan, Instant Loan, Qian Bao, 2345 Loan King and Flash Silver.
3. Internet arbitration
Online arbitration, also known as "online loan court", is an online arbitration institution that formulates online arbitration rules, builds a network platform, receives and transmits electronic arbitration documents, and realizes online arbitration activities such as trial, cross-examination and defense. It should be noted that the award issued by the arbitration institution after arbitration has the same legal effect as the legal judgment and can be applied for enforcement.
Once it is included in the "blacklist" of loans, it will have a serious negative impact. Not only can you not borrow from banks and internet financial institutions, but you will also be restricted in personal transportation, loan to buy a house, car loan to buy a car and so on. More seriously, it may affect children's future economic activities. At present, the institutions related to Internet arbitration are: Qian Bao, loans, lightning loans, simple loans, magic cash and so on.
Finally, I would like to remind you that you must cherish your credit, try to keep your existing good credit record, and avoid taking chances and taking risks, otherwise you will regret it in the future.