Nowadays, online lending is very popular, online lending is simple, convenient and fast, there are some online lending platforms that only need an ID card, and then verify your cell phone, and within a few minutes you can get a few thousand dollars of credit. It is also because of the online loan is simple and convenient, so there are a lot of friends will have no restraint to borrow online loans, the results lead to credit spent.
At present, there are many online loans that will be shown inside the credit system, some will be shown inside the central bank credit system, and some will be shown in third-party credit agencies, such as Sesame Credit, Tencent Credit, Peng Yuan Credit and other third-party credit agencies. Now there is a new one, basically most of the regular online lending platforms have access to the credit, that is to say, every online loan may be counted into the credit, and compared with the central bank version of the personal credit report, the credit record of the information will be more comprehensive, so the impact on the people can not be underestimated.
What about the credit cards that you have borrowed too much money from the Internet?
First of all, we can tell you for sure that if your online loan is recorded by the central bank credit record, in the short term, it is certainly not possible to change, according to the relevant requirements of the central bank credit, personal credit information retained for a period of five years, and this retained five years from the day you settle all the outstanding payments to start counting.
This means that if you have an online loan that shows up on your credit report, it will remain there for 5 years, and you won't be able to get rid of it for 5 years. There's no way to get rid of these records in the short term, unless your credit history is due to special circumstances, such as your personal information being stolen and used to take out an online loan.
So I suggest you don't easily believe that people who say they can pay to have their credit card changed are lying.
The only thing that can improve your credit is time.
If your credit is ruined by too many online loans, the first thing you need to do is to stop taking out all kinds of online loans and, if necessary, pay off all the ones you still owe.
Secondly, don't apply for all kinds of online loans or credit cards easily, because some online loans will check your credit report, and you will check it once if you apply for one, and no matter whether you can pass the loan or not, the record of checking will be shown on your credit report.
Once again, if you don't have the ability to pay off all of your online loans at once, it is recommended that you don't pay off your online loans by borrowing new ones. Your title says that you have applied for many online loans and your credit has become spent, I guess it is possible that you are borrowing new online loans to pay off your old sites, doing this for a long period of time your debt will be rolling up more and more and your credit will become more and more spent by then.
Here I give you a suggestion, if you temporarily do not have the ability to pay off all the online loan debt, you can try to pay off the online loan first by credit card tx, and then installment, normally credit card debt is very normal, owe credit card money is much better than owe online loan money.
Because you're not late, your credit is still better repaired.
In the era of Internet finance, although the loan is very convenient, must be rational consumption, rational borrowing and lending. Pay attention to on-time repayment and maintain a good credit record. If you are worried about your online lending data, you can search the home page in WeChat: Mimi Data. Self-query online loan data report, the data platform docking more than 2000 online loan database, data query is more accurate. Whether it is a record of online loan application, online loan data report, online black index score, hit risk tips, overdue information, prosecution or arbitration cases and other data can be displayed.
The biggest problem with your credit is that there are too many online loans and too many inquiries. The main thing that creditors look for when reviewing a loan or credit card is whether or not you have a current loan that you haven't paid off, as well as a recent year's worth of inquiries about your credit history and loan application history.
Usually, if you don't have too many online loan application records in the recent year or have a current online loan outstanding, then you can pass normally no matter whether you go to apply for a bank loan, apply for a home loan or a credit card.
You follow these 3 points I mentioned above, usually, usually about a year or so your credit history will basically return to normal.