1. Parents' information filled in by assured loan is mainly used as a collection contact when the borrower fails to repay the loan on time.
2. As long as the borrower repays the loan on time, the parents' information will not be used for other purposes. However, if the borrower fails to repay the loan on time, the loan platform can urge the borrower to repay the loan as soon as possible by contacting the filled-in parent information. This may bring some troubles and worries to the borrower's parents.
3. When filling in the loan information, it is suggested that the borrower carefully consider whether it is necessary to fill in the contact information of his parents and ensure that he can repay the loan on time to avoid unnecessary troubles and worries to his family. At the same time, borrowers should also pay attention to protecting personal information, ensuring the security of their own information and preventing information from being leaked and abused.