When applying for a loan, personal credit information is very important for applying for a loan. If the borrower's credit information is not good, then both banks and other microfinance platforms will directly refuse to lend. Even if the credit is not overdue, too many loans are bad credit. How to eliminate too many credit loan approval records? There are only two ways.
How to eliminate too many credit loan approval records?
Under normal circumstances, if you apply for a loan three times in one month or five times in three months, because the application time is too concentrated, different institutions frequently inquire about credit information, and the loan may be rejected.
1, wait patiently
There are too many credit loan approval records. If you want to eliminate them, borrowers can choose to wait patiently for about two years.
Because most financial loans focus on the borrower's loan application records within two years when approving loan applications. After the borrower stops applying for a loan, remember to repay it on time and cover those loan application records with good repayment records. It lasts about 1-2 years, and has little influence on the loan application business in the future.
2. Apply for manual elimination
Manual elimination here refers to the special circumstances in which you can apply for manual elimination. That is to say, the borrower's credit record was not applied by himself, but was applied by others after the personal identity information was stolen.
In this special case, the borrower can go to the public security organ for the record first, and then show the relevant certificates. Finally, bring relevant certificates to the Credit Information Center of the People's Bank of China to correct these credit application records. If the situation in loans overdue occurs, it can be eliminated.
In addition to these two methods, there is no way to eliminate the credit loan approval record. After all, the current credit report is basically controlled by big data and machines, and there is no way to manually intervene.
If you are really in a hurry to get a loan and can't wait for such a long time, you can choose a loan platform with contacts on weekdays to minimize your debt repayment ability, then it is also possible to approve the loan by credit investigation, depending on the examination and approval results.
Can credit investigation find out all loans?
In fact, it is impossible to find out all the loans applied by borrowers through credit investigation.
When a borrower applies for a loan in a financial institution, if the financial institution does not cooperate with the central bank's credit information center, then the financial institution cannot inquire about the borrower's credit information, and the borrower's loan application and repayment records will not be displayed in the credit information report.
The borrower can judge by whether he is authorized to check the credit report when applying for a loan. If you don't need authorization, there is a high probability that you won't get a credit loan. The obvious characteristics of this kind of informal loan are low loan amount, short loan application period and high loan interest rate, so it is not recommended for borrowers to apply.
The above is what Xi Cai Jun shared about "How to eliminate too many credit loan approval records", and I hope it will help everyone!
How to eliminate too many online loan application records
Online loan application records cannot be eliminated.
The records left by the general online loan application will be permanently stored in the credit information (big data), which cannot be forcibly deleted manually, and the system will not actively delete them. But as long as there are not too many such records, it will not bring any adverse effects to customers. You can rest assured.
If the credit information (big data) becomes "invalid" because of too many loan records, the customer will temporarily keep it for at least three months and will not apply for a new loan (and can repay the outstanding loan under his name during this period). After three months, the "lack" of credit information (big data) should be improved.
Online loan application records cannot be eliminated after being uploaded to the credit information center. If you are an investor, wait until all the money is paid back, and then take out the money and cancel it. If it is a borrower, you have to pay back the money first and then cancel it. If you can't cancel independently, you should contact the platform customer service to cancel.
As long as users can repay on time after applying for online loans, there will be no impact. If users fail to repay on time after applying for online loans, it will have an impact on individuals. Overdue records will be uploaded to the credit information center, and personal credit information will become bad.
Users must exercise restraint in borrowing money through online lending platforms, and don't borrow too much to prevent themselves from being unable to repay on time. Because the interest rate of online lending platform is relatively high.
The amount of online loans is generally not very high, and the amount of most people is between several thousand yuan. However, when users borrow more on a single platform, the loan amount will be increased later.
If the bad records are in the credit investigation, the history of overdue bad records cannot be eliminated. The only way is to pay off the money. Banks can only check the credit records in the past five years, and it will take at least five years to eliminate them.
After the borrower provides the pledge, mortgage, third-party guarantee recognized by CCB or has certain credit qualification, the bank will verify the corresponding pledge, mortgage, guarantee or credit line of the borrower. The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.
What should I do if I apply for too many loans and have too many credit inquiries?
First of all, answer directly.
To apply for online loans, you should check more personal credit reports, which can be recovered in the following ways.
Second, the specific analysis
1. No credit business.
Users do not need to handle any credit business for six months or more, so that when financial institutions inquire about users' inquiry records for nearly six months, the previous inquiry records will not affect the audit results.
Of course, if financial institutions inquire about users' inquiry records for more than six months, then users need to keep them for more than six months and do not handle any credit business.
2. Pay the arrears on time.
There are already a lot of debts under the user name, and these debts need to be repaid on time in order to accumulate a good credit record.
A good credit record can help users improve their personal comprehensive credit score. After the personal comprehensive credit score is improved, the probability of passing the audit can be improved.
At this time, even if the user's personal credit information is squandered, it is possible to pass the loan review because of the high personal comprehensive credit score.
3. Organize small loans.
There are many small loans under the user name, which can be sorted out.
Replacing small loans with large loans and short-term loans with long-term loans can reduce the number of loans.
After the number of loans is reduced, personal credit information will be resumed as soon as possible.
Even if there are many personal credit inquiries but meet the application conditions of financial institutions, then users still have a certain probability of passing the audit.
4. Use credit cards reasonably.
Users need to use credit cards reasonably, try not to overspend and withdraw cash frequently, which will lead financial institutions to think that users are in a poor economic situation.
5. Don't check your credit frequently.
Users inquiring about their own credit information, or being inquired by financial institutions when inquiring about the loan amount, will lead to an increase in the number of credit inquiries.
Users don't need to borrow money in their daily life. Please don't click on the option to check the loan amount.
And checking your own credit information is usually enough twice a year.
6. Reduce the personal debt ratio.
Users apply for more online loans, which will lead to a large amount of arrears under their personal names.
When there is a lot of debt in the name, the user's personal debt ratio will increase. When the debt ratio exceeds 50%, the repayment ability of users will be affected.
Insufficient repayment ability, users will not be able to pass the loan review.
After reducing the debt ratio, the repayment ability of users will return to normal.
At the same time, personal credit information is not affected by high debt ratio.
Online loan big data can clearly reflect the user's recent application for online loans, whether online loans are repaid on time, and whether identity information is suspicious. You can use credit inquiry tools such as "Beijian Quick Check" to get a detailed risk report.
3. What are the requirements for a personal credit loan of 6,543,800 yuan?
Personal credit loan100000 yuan shall meet the following conditions.
1. The applicant is at least 18 years old and has full capacity for civil conduct.
2. Personal credit is good, and there is no bad record or serious negative information in the credit report.
3 have a stable and legitimate source of economic income and the ability to repay the principal and interest of the loan on time.
And everyone needs to pay attention.
1. The characteristic of credit loan is that the applicant can get the loan only by his own reputation without providing any mortgage or guarantee, and the personal credit degree is used as the repayment guarantee.
It is precisely because it belongs to the loan type issued purely by credit that the better the general applicant's credit is, the more likely he is to get a higher loan amount.
2. The bank stipulates that the starting point of personal credit loan is 1 10,000, with the maximum not exceeding110,000.
In fact, if you apply for a credit loan of less than10,000, you can apply for a mortgage loan if you have assets under your name. The amount of mortgage loan is often higher than that of credit loan, or you can apply for a secured loan.