Will a credit loan affect your credit report?

If the credit loan is not overdue, it will not affect your credit report.

1. Credit loan

Credit loan refers to a loan issued based on the creditworthiness of the borrower, and the borrower does not need to provide guarantee. Its characteristic is that the debtor does not need to provide collateral or third-party guarantees to obtain a loan based only on its own creditworthiness, and the borrower's creditworthiness is used as a guarantee for repayment. This kind of credit loan has been the main lending method of Chinese banks for a long time.

According to the description of the "General Principles of Loans", credit loans refer to loans without guarantees and based only on the credit status of the borrower. When a lender issues a credit loan, it must strictly examine and evaluate the borrower to confirm its creditworthiness and ability to repay.

The original "General Rules for Loans" even stipulated "strictly control credit loans and actively promote guaranteed loans." Since the credit loan method is relatively risky, most financial institutions generally conduct detailed inspections of the borrower's economic benefits, operational management level, development prospects, etc., in order to reduce risks.

2. Factors affecting credit reporting

The main factors that may affect personal credit risk scores are: there have been overdue repayments in loans, or credit card overdrafts have not been paid within the agreed time limit and Overdue repayments, too many loan accounts and credit cards, etc.

Loans with credit bureaus and credit cards issued by banks are all connected to the central bank’s credit bureau system, and inquiry records will be left when applying. For example, when applying for a loan, the loan approval record will be displayed in the credit inquiry record, and the credit card approval record will be displayed when applying for a credit card.

There are also some people who provide guarantees for other people’s credit business. Banks need to review the qualifications of these people, such as whether the credit report is overdue, whether the personal debt ratio is high, etc. Once the inquiry is made, A record of the guarantee qualification review will be left on your credit report.

Whether it is credit card approval records, loan approval records, or guarantee qualification review records, these are collectively called hard query records. They are one of the key records to pay attention to when handling credit business and can indirectly reflect the applicant's funds. Tension.

If there are too many such records in a short period of time, the inquiry agency will think that the applicant is short of funds and urgently needs a loan to apply for a credit card for turnover, and then doubt his application motivation, such as intending to use loans to support loans, or to use loans to finance loans. Whether to use a loan to support the card, or to use a card to support the card, etc., and then reject the application.

If the credit loan is not overdue, there will be no impact. Personal credit records are stored in the People's Bank of China Credit Information System. You can try to log in to the People's Bank of China Credit Information Center website to check the credit report; ② Currently, personal credit reports can also be checked through our bank's counter and professional version (no fees are charged for the time being).

Does a credit loan affect your credit report?

1. As long as it is not overdue, it will not affect your credit report. However, credit loans will reflect your liabilities and credit status in the credit report. Credit loans are actually credit loans, also called pure credit loans, which are a type of financial loan that you can apply for without providing any collateral. Corresponding to it are mortgage loans and credit loans, which are all subject to credit bureaus.

2. Credit loans are very popular. Various banks and financial companies have such loans. The most common credit loan is online loan. You only need a real-name mobile phone number and ID card to make a payment. There are also bank credit loans, which have higher requirements. You need to have a check-in salary statement or social security provident fund before you can apply. Another common type of credit card is the credit card reserve fund. As long as your credit card is used in good condition, the bank will issue you an installment loan, which we also call a card loan. Then credit loans correspond to mortgage loans, such as real estate mortgage loans, vehicle mortgage loans, etc.

3. Every loan you apply for a credit loan will be reflected in your credit report, but as long as you are not overdue, it will have no impact on your credit report. If a credit loan is overdue, an overdue record will be left on your credit report. When you apply for a credit card or loan again, you will be easily rejected. If it is not overdue, the credit report will only record the credit extension, liabilities and repayment status of the credit loan, such as the amount applied for, how many installments it is divided into, the outstanding amount, etc.

A credit line of 100 is counted as your liability, regardless of whether the money is used or not. This is different with credit cards. The credit limit is counted as your liability, and the unused portion is not. However, both will occupy your personal credit limit. For example, if the amount of credit you apply for is relatively large, then when you apply for other loans or credit cards again, the amounts of the loans and credit cards will be relatively small, because everyone's credit limit is limited by the central bank in the short term. It is fixed, so if one party’s share is too large, the other party’s quota will be reduced.

Will credit card (debit card) loans be subject to a credit check?

Credit card (credit card) borrowing will be subject to a credit check.

Basically all banks currently operating are connected to the central bank’s credit reporting system, and credit cards (debit cards) are bank products, so if a credit card (debit card) loan is overdue, The situation is that the central bank will conduct a credit check at the meeting.

If the cardholder's credit card (credit card) is overdue, when the bank uploads the overdue record to the central bank's credit reporting system, the cardholder's future loan approval, credit card (credit card) ) will have a greater impact on handling and other aspects. It is recommended that users pay attention to timely repayment when using credit cards (debit cards) to avoid overdue payments.

Will a credit card (credit card) be subject to a credit report?

It was at the meeting.

Credit cards (debit cards) are products of banks, and banks have been connected to the central bank’s credit reporting system. Therefore, if a credit card (debit card) becomes overdue, a credit report will be filed. Therefore, credit card (debit card) users need to maintain their personal credit during use.

In daily life, if a credit card (debit card) user is overdue. The bank will upload the user’s overdue records to the central bank’s credit reporting system. It will have a greater impact on users' future loan approval, credit card (debit card) processing, etc. If the situation is serious, everything related to bank credit business may be turned away by the bank.

Is the credit report for credit card loans displayed? You will understand after reading this

Many banks' credit cards can also provide loans, but they are generally called cash installments, or special cash installments, which are considered a type of consumer credit loan. We all know that bank loans will be shown on the credit report, but is the same true for credit card loans? Let’s take a look.

Is the credit report for credit card loans displayed?

Many friends who have checked the credit report know that the loan records in the credit report are divided into credit card records and loan records. The former records the information of all credit cards under our name, including monthly repayment amount and credit card credit limit. , used limit, repayment status, etc.; the latter records all loan information in the name of the central bank's credit report, such as lending institution, loan amount, repayment amount, and repayment status.

It stands to reason that as a consumer loan, credit card loans should be recorded in the loan records, but many cardholders find that they cannot be found in the loan records, thinking that they will not be shown on the credit report. In fact, this is not the case. Banks treat credit card loans as credit cards.

How to display the credit report of credit card loan?

There are two display methods according to the loan limit:

1. If it is a cash installment within the limit, it will not be recorded separately, but the occupied limit and monthly repayment amount will be recorded after processing. , will be included in the credit card's used limit and monthly repayment amount;

2. If it is a special cash installment beyond the limit, it will be recorded as an electronic credit card, and the used limit will be handled by us The loan limit, the total credit limit is the special limit given by the bank, etc. However, after the second-generation credit report goes online, some banks will include it separately in large special installments.

In short, credit card loans will be displayed on the credit report, but the display will be different depending on the loan amount, so everyone should pay attention to distinguish them.