Yi Xianghua is a loan product of CreditEase Microfinance Company. Please only query the big credit data of 100 banks. However, after the upgrade of Yixianghua system, the application also inquired about the credit information of China People's Bank. However, according to different lenders, some will go to the central bank for credit information, and some will go to hundreds of banks for credit information. Users need to check the authorization of personal credit information when applying.

1. Among them, we are familiar with the credit information of the central bank. Under the supervision and guidance of the People's Bank of China, Baixing Credit Information Agency is a market-oriented credit information agency jointly established by eight institutions. In 20 18, it obtained the first personal credit information business license in China, and completed the filing of corporate credit information business in July 2020, becoming a domestic market-oriented credit information agency with dual business qualifications of personal credit information and corporate credit information.

2. Yi Xianghua has low requirements for credit reporting. As long as there is no overdue at present, you can generally apply, and the requirements for customer qualifications are relatively simple. Moreover, when applying, they usually don't call back. The loan product is a pure online system audit, and the amount can be approved in a few minutes after submitting the materials.

3. According to netizens, as long as Yi Xianghua can apply for the quota, the loan is basically stable after signing the contract, and it will not be reviewed later, and the loan can be released within ten minutes.

4. If you apply for a loan, the general credit line will be maintained for seven days, which means that the customer can withdraw cash at any time within seven days. If you don't show up for more than seven days, the platform will review the customer's qualification again when you want to use the loan in the future.

In short, no matter what kind of loan, we must pay attention to repayment on time, and do not cause overdue, otherwise it will cause high penalty interest and affect our credit information.

Use of credit report

Credit investigation can reduce the information rent charged by banks to their customers (information rent refers to an excess profit obtained by lending institutions by monopolizing the information of small and medium-sized enterprises, and the profit of lending institutions is equal to the average market profit plus information rent, but in the case of information sharing, this excess profit does not exist and lending institutions can only obtain the average market profit). The reason is that when banks fully understand the characteristics of borrowers, they can charge lower rents to competitors who don't know the situation.