I'll call. First, fill in the contact information of family members on the IOU. First, it is used for pre-loan review, such as applying for a loan at a bank. They just call your family or even the unit leader first to see if the information you provided is true. Secondly, this is also the role of an emergency contact. When there is a problem with your late loan repayment, the lending institution will call your family to ensure that the loan will not go bad.

Will the credit company call home for a loan?

In the case of normal loans, the mobile phone bag will not call parents and contacts. The platform obtains the phone number of the contact person mainly to get in touch with the borrower when lending. If you can't contact, contact your family.

Formal credit companies generally don't. Only when you are overdue and can't contact you, will you contact the emergency contact you originally registered. Don't call all contacts for verification, but call the lender himself for confirmation at most; I don't think so, because the loan platform will definitely remember your parents' phone number, name and home address, but it won't call to verify. The loan company will call home to verify their identity. Therefore, credit companies will not call home for loans.

Should I call home to verify the loan?

Generally, you don't need to call home to verify the loan, because as an adult, you have your own thoughts and abilities. Only when it is overdue will I call home to verify the specific situation.

Do personal loans need immediate family verification? Why?

Personal loans need to be verified with relatives. Generally, when applying for a personal loan, the bank will ask to leave the contact information of immediate family members. If the parties fail to repay the mortgage or can't contact themselves, the bank will call the relatives of the parties to verify whether the basic information of some parties is true.

When it comes to personal loans, it is necessary to leave the contact information of immediate family members, and ordinary banks will not call easily. Only when the relevant personnel cannot be contacted will the immediate family be contacted to verify the situation. If the lender cannot be contacted, the lender shall bear the responsibility, and the immediate family members shall not bear any responsibility.