The user applied for a small online loan, as long as there is no overdue record, it will not affect personal credit information. Compared with users, if the loan business handled in the bank is not repaid on time, the record will become a personal bad credit record. If white-collar users borrow money, the record of timely repayment of small loans will help users record their own credit information and complete the audit of other loans, so users don't have to worry that the record of small loans will affect their personal credit information report. Of course, the records of small loans are not suitable for too many. There are many records of small loans in the credit information, which will show that the user's economic situation is not good, so it is more difficult to apply for loans. The above is the relevant content of the influence of online microfinance on credit reporting.

The negative effects of microfinance mainly include

1. There are too many loan audit records: you need to check the credit report when applying for a small loan, and you need to check it every time you apply for a part of the loan. The system regularly or irregularly inquires the user's credit report, which will have an impact on the credit report. Too many loan audit records will make the lending institution feel that the user's economic situation is not very good, so it will refuse the loan application;

2. The debt ratio is too high: micro-loans are used too much. Once the lending institutions find that they repay too much, they will feel that users are in too much debt, and loans overdue is too risky to approve loans again.

If the user applies for a small loan many times, the repayment cannot be overdue. Loans overdue's frequency has a great influence on his personal credit report, and then applying for a bank loan is likely to be rejected directly.

What is personal credit?

Personal credit refers to a person's credit rating. Specifically, in the personal credit report, it refers to whether the user has experienced various situations such as loans overdue, bad debts, advances, borrowing new ones and returning old ones under the financing situation. If it has never happened, the user's personal credit rating is excellent; If there is a short-term loans overdue, and it is not too tired for six consecutive years, it is generally considered as high quality. This paper mainly focuses on whether the network microfinance affects the knowledge points of credit information, and the content is for reference only.