In daily life, few people will take the initiative to check their credit report, and when there is a new loan demand or want to apply for a new credit card, they find that there are many records in their credit report, such as. What happened on the credit report? If so, what should I do?

What happened on the credit report?

There are generally two situations in which credit appears:

Case 1: If a party to a credit investigation wants to apply for a credit investigation, submit a loan application and authorize a lending institution to inquire about its own credit investigation report, it will leave an inquiry record of loan approval on the credit investigation. Even if the loan is unsuccessful, the inquiry record will be kept in the credit report.

The inquiry record of general loan approval shall be kept for two years. Don't apply for all kinds of loans for two years, and you can't see it in the credit report.

Case 2: If the credit reporting party has successfully applied for credit reporting, the loan and return records will be displayed in the credit reporting report, which has no negative impact on personal credit.

If the repayment is normal and never overdue, the loan repayment record will always be displayed in the credit report, showing the repayment ability and willingness of the credit reporting parties. In loans overdue, bad credit records will be left behind, and the bad records can only be eliminated after the overdue loans are settled for five years.

If you have never applied, but there is a record on the credit information, you can raise an objection to the credit information center or the lending institution and ask for correction.

The above is the answer to what happened in the credit report. In this case, you must first know whether you have borrowed money. Many loans have nice names, but they are all in essence. You should figure it out for yourself.

What does it mean that personal credit information has loan approval?

The borrower's credit report shows "loan approval", that is, the borrower applied for a loan in a bank or other financial institution. There are two kinds of loan approval records, one is inquiry and the other is loan application.

Inquired record: refers to the borrower's authorization to financial institutions, so that financial institutions can inquire about their personal credit reports. It can only show that the borrower has indeed applied for a loan credit line, and whether it has specifically applied for a loan is not necessarily true.

Loan application: The borrower not only applied for a credit line, but also applied for a loan, and should also have corresponding repayment records.

The inquiry times of credit report are generally divided into loan approval, credit card approval, pre-insurance review, guarantor qualification review and post-loan management. Loan approval, credit card approval, etc. It's all ordinary credit records. It does not have much impact on the borrower's credit application.

What does it mean that there is loan approval in the credit report

1. What does the loan approval in the personal credit report mean?

The loan approval record on the personal credit report will generally be displayed in the inquiry record, that is to say, the borrower has applied for a loan and been inquired by the lending institution for loan approval, so the inquiry record of the credit report will leave a corresponding record, which will show the inquiry institution, inquiry time and so on.

However, the loan approval record on the credit report does not mean that the borrower's loan is successful, and it should be analyzed in combination with the loan record on the credit report. In fact, it depends on whether there is a lending record with the name of the loan approval inquiry institution in the loan record and whether the lending time is close to the inquiry time.

For example, the loan approval time is 65438+February 20, 2022, and the name of the inquiry institution is China Merchants Bank. Then, it is necessary to inquire in the loan record whether there are any new lending institutions that are loans from China Merchants Bank after 65438+February 20, 2022. If there is a statement that the loan is successful, it does not mean that there is an application but it is not approved.

2. Does the loan approval record affect credit reporting?

Credit is affected for the following reasons:

1, loan approval records, credit card approval and guarantee qualification examination are collectively referred to as hard inquiry records, which all indicate that there have been acts of handling credit business, and the final result may not be successful, but from the perspective of behavioral motives, it is probably due to lack of money and poor economic conditions.

2. Especially hard inquiry records, which occur relatively intensively and frequently, such as more than three times a month, will make the borrower's credit information rich and colorful. At the same time, it also shows that the current borrower's economic problems are relatively large, and its corresponding lending risks will skyrocket, which may be rejected by subsequent credit institutions in the approval process.

Summary: Although the loan approval record is slightly lighter than the overdue record, the borrower should be cautious, because this will make the borrower's credit information colorful, which means that the financial situation is poor and the repayment ability is poor, which is not conducive to the subsequent loan and credit card approval.

Third, how to eliminate the loan approval record?

As long as the borrower does apply for a loan and the lender inquires about the credit information for the reasons of loan approval, the loan approval record left behind cannot be deleted manually, even if it is declared by the lender.

If the borrower wants to eliminate the loan approval record, he has to wait patiently for two years. Because the loan approval record will only be kept in the credit report for 2 years before it will be eliminated, the borrower can calculate the elimination time according to the time of the loan approval record.

For example, the loan approval record time is 65438+February 27, 2022, and it will not be automatically deleted from the inquiry record on the credit report until June 27, 2024.

How is the loan reflected in the credit investigation? Presented in these two ways!

As we all know, loans and credit cards will leave records on credit information, and any application, use, repayment, overdue and settlement will leave information, which can provide reference for subsequent credit information agencies. So how is the loan reflected in the credit report? In order to help you better understand the content of the credit report, today we will briefly introduce the relevant content.

1. What will be displayed in the credit report?

1, personal data

In the credit information system, information will be displayed according to your business dealings in financial institutions, so if you haven't done business for a long time, it may be somewhat different from the actual situation. Your name, ID card, marital status, detailed address, previous work unit and so on will be displayed here.

2. Information summary

It mainly displays credit card and loan records, which is a summary information. Many approvers want to see your total debt, such as the number of accounts, the number of overdue accounts, and the number of accounts overdue for more than 90 days. , divided into mortgage loans and other loans.

3. Details of credit transaction information

Specific loan and credit card records, including loan time, lending institution, loan amount, remaining amount, overdue situation, etc. , special circumstances will be displayed in red, such as overdue.

4. In addition, there are details of public information, inquiry records and explanations. These are also the contents of institutional reference.

Second, how is the loan reflected in the credit investigation?

1, displayed separately. For example, the one-time loan business will display time, organization, quota, status (unsettled/settled), remaining amount, overdue, etc.

2. Combined display. Some loans will be displayed together, such as revolving loans and installment business. To avoid the change of credit information caused by too much data.

This concludes the introduction of credit record display loan and credit record display loan record. I wonder if you have found the information you need from them?