It also depends on whether the microfinance company has docked with the central bank's credit information interface. The data shows that there are less than 100 microfinance companies accessing the central bank's credit information interface.
It can be seen that in some small loan companies, loan records will not appear in the credit report. But we must not take it lightly.
Because there is a "blacklist" of credit enjoyed by small loan companies, if the borrower loans overdue always fails to pay back, not only can he not borrow money from this small loan company, but it is also difficult to borrow money from other small loan companies.
legal ground
Article 211th of the Contract Law stipulates that if the loan contract between natural persons stipulates to pay interest, the loan interest rate shall not violate the provisions of the state on limiting the loan interest rate.
1. At present, the more reliable loans include borrowing, micro-lending, gold bars, Zhaolian Finance, 360 IOUs, Xiaomi Loan, Baidu Wallet, Suning willful loan and so on. These loans are repaid as you borrow, and the lending speed is calculated by minutes, and the interest is not high, which is more reliable.
2. At present, many banks can apply for consumer loans on the app, which is fast and the amount is relatively high, such as Pudong Universal Fund and China Merchants Bank Flash Loan, provided that you have a bank account and are a quality customer.
3. This method is troublesome, and materials need to be submitted and reviewed. Moreover, a company with poor conditions may not be able to grant 654.38 million yuan, and the loan time is only 2-5 days, which is not suitable for urgent needs.
Can I get a loan if my credit is bad?
1. At present, the standard mortgage contract texts of banks have clauses on early loan collection, and banks generally stipulate that loans should be collected in advance if they are overdue for three consecutive periods or accumulated for six periods. The "three consecutive installments" mentioned here means that the repayment date of three consecutive months has not been repaid on time, and the accumulated overdue is about 90 days. Accumulated six overdue means paying back the money after the first overdue, and then paying back the money after one month or several months, and so on for six times.
2. If there is no repayment for the first time, the bank will notify and remind the borrower to repay the loan on time by telephone, SMS, etc., and will also incur penalty interest. If it is more than three times in a row, the bank account manager will directly inform the borrower to repay the loan on time and will also collect the loan. At the same time, the loan applied by the borrower will be deducted.
3. If the money is paid back in time after the first month is overdue, the bank will not sue the court if it is delayed for another two months after the telephone call of the collector. Everyone should take a warning, pay attention to the provisions of the contract on monthly repayment amount, repayment date and corresponding liability for breach of contract, and ensure timely and full repayment. Don't lose big because of small things.