Multiple lending is common in online loans, which refers to the behavior of borrowers taking advantage of the lack of communication on the loan platform to apply for multiple small loans at the same time. Records of long loans can be eliminated.

Although after reporting to the central bank’s credit reporting system, the loan record will always be kept in your credit report. However, in actual operations, many online loan platforms will not report the user's loan record to the credit reference center as long as the user does not overdue. In this case, your credit report will not actually know and record the long loan. As long as borrowers can keep repaying their loans on time, they can eliminate long lending records scattered across different loan platforms.

If a long-term borrower is overdue in repayment, and the loan platform reports the overdue record to the People's Bank of China credit system. Then only after the overdue records are eliminated, the borrower's long lending records can be eliminated. Overdue records can be eliminated only after the borrower settles the overdue balance. Borrowers need to wait from the date the debt is settled until five years before the overdue record is eliminated. Only then can you eliminate your long lending record in the central bank's credit report.

When the loan platform reports overdue records to the online credit report, borrowers with long loans also need to wait for the overdue records to be eliminated before the possibility of long loans can be eliminated. In online credit reporting, if you want to eliminate overdue records, you need to wait for about a year from the day the debt is settled before you can successfully eliminate overdue records. Only then can you eliminate your long lending record in the online credit report.