Loans overdue and other records in the consultation report will be kept for five years. But it should be noted that the disappearance of records after five years here refers to five years from the date when the arrears are paid off. Too many inquiries will really affect loan approval. Conventional practice of bad debt risk.

② Inquiry only, no loans: for example, the inquiry of credit records caused by applying for small loans, the inquiry of credit records that applied for credit cards but were not approved, and when the bank saw the inquiry times of credit reports, even if no loans were displayed. The bank also believes that the applicant may be in urgent need of money, or there is a problem with capital turnover, and refuses to lend money.

Each bank has different requirements for the number of personal credit inquiries, but there is no doubt that too many credit inquiries will have an impact on applying for bank loans;