If you use installment plan to buy a mobile phone from Xiaomi, your credit report will not be listed. But if you borrow money on the Xiaomi platform, you will be subject to a credit check. In fact, buying a mobile phone in installments has become a norm for many young people nowadays. Because the price of a mobile phone is indeed not cheap, young people cannot afford it, so they choose to pay in installments. Installment payment can also reduce everyone's stress, but many people are confused whether installment payment will cause problems with their credit report, or whether it will go up in the credit report. If you buy a mobile phone in installments and your credit score is high, you will not be able to apply for a loan from a bank in the future. . Because the bank will detect that your personal repayment ability is not particularly strong, and it is impossible to buy a house. Therefore, I hope everyone can keep their credit records in good condition, and it is best not to apply for small loans casually on the Internet. Buying a house costs a lot of money, so when you apply for a loan from a bank, the bank will definitely check your personal credit report. Consequences of problems with your credit report

If the bank discovers that you have made a small loan, the bank's system will think that your repayment ability is not particularly strong, so large loans will not be approved. of. So everyone needs to rest assured that in fact, buying a mobile phone by installment will definitely not go up in your credit report. But if you make a loan on Alipay or in some shopping malls, it will indeed be recorded in your personal credit record. Maintain a good credit record

But if you can maintain a good credit record and return it in time, it will not have a certain impact on your personal credit record. The only disadvantage is that it will be very difficult to apply for a large loan from a bank in the future. However, if you pay in installments to buy a mobile phone and it is overdue, it will have a certain impact on your personal credit report, and you may also be sued.