China Post Consumer Finance was established with the approval of China Banking Regulatory Commission. It has a formal consumer finance license and was initiated by China Postal Savings Bank. It has the background of a large state-owned commercial bank. China Post Consumer Finance has many loan products. Will you check the credit information when applying for a loan in China Post Consumer Finance?

Does China Post's consumer finance loan check credit information?

To apply for a loan in China Post's consumer finance, you must first check the applicant's credit report, and the inquiry record will also be recorded. In addition, after the success of China Post's consumer finance loan, the purpose of the loan will be recorded, that is, when the borrower has overdue repayment records, overdue repayment records, false application materials and so on. , will be reported to the credit information system.

In fact, even if a regular microfinance company applies for a loan, it will check the credit information, not to mention China Post Consumer Finance, a giant lending institution with both the banking insurance supervisor and the postal savings bank background.

Finally, according to the State Council's Regulations on the Administration of Credit Information Industry, credit information institutions should keep personal bad information for five years, which means that as long as personal bad loan records are reported to credit information, they will be recorded in the credit information report for five years. Therefore, I suggest that you must keep good repayment records and credit records.