The loan application record will be automatically eliminated after two years. The loan application record refers to the loan approval inquiry record, and the credit information will only show the loan approval inquiry record in the last two years. If the inquiry record is kept for more than two years, the credit information will hide the record, so it can be regarded as that the inquiry record of two years ago was automatically eliminated by the credit information system.

Too many records of credit inquiry will waste personal credit information, which will lead to stricter review of subsequent credit loan applications. Users can reduce the generation of credit inquiry records by controlling the frequency and times of loan applications. Generally speaking, the number of credit inquiries should not exceed 5 times in a month, and more than 5 times will be judged as a user's credit inquiry by financial institutions.

In addition, more loan application records may directly affect the loan review results. After all, frequent credit loan business will make financial institutions think that users' economic situation is not good, so financial institutions are even more reluctant to lend money to users.