Personal credit report mainly records the overdue records of loans and credit cards in the last five years or the overdraft records of quasi-credit cards for more than 60 days _ personal credit records, public information and the summary of the inquired records of credit reports in the last two years. Query records generally show the reasons, methods and times of institutional inquiries.
1. When will the bank check the credit?
Any business involving loans or credit cards, banks and other financial institutions will carry out personal authorization.
Inquire about customer credit. For example, apply for commercial loans, mortgages, car loans, credit cards, etc.
1. Pre-lending inquiry: Every bank must inquire about personal credit information before approving loans or credit cards, which is the requirement of the regulatory authorities for commercial banks.
2. In-loan/post-loan inquiry: Before the loan or credit card business is terminated, the bank will also inquire about the customer's personal credit for the needs of risk management and quota adjustment.
Second, personal credit overdue record elimination method
1, short-term overdue, take the initiative to contact the bank after making up the arrears; Not all overdue records will be immediately displayed in the personal credit report. Some banks will have a few days' tolerance, while others will report overdue records to the central bank's credit information center next month, so you should contact the defaulting bank as soon as possible after discovering overdue, and strive to solve the problem before reporting;
2. If the overdue time exceeds 90 days, pay off the arrears and maintain good credit habits: in addition to paying off the arrears, remember to pay penalty interest. In addition, don't return the card immediately, and continue to maintain good consumption habits. After 5 years, bad records will be automatically eliminated. Except for mortgages, most loans only refer to credit records within two years;
3. Unexpected overdue requires the bank to issue a "non-malicious overdue certificate": banks are also human beings. If you are overdue due to unemployment, illness, going abroad, etc. Take the initiative to contact the bank to explain your actual situation and issue a "non-malicious overdue certificate" so that the loan can be settled;
4. If it is overdue, submit an "objection application": Many people's overdue credit reports are not caused by themselves, but may be caused by "fake loans". Contact the bank to explain the situation, and then submit an objection application to the local China People's Bank Credit Information Center. Generally, such bad overdue records can be eliminated within 15 working days.