What does a credit rating of 0 mean?
Mainly has the following meanings:
1, no credit history.
That is, this person does not have any credit records, non-credit records, public records and inquiry records in the credit information system, which is what we often call a credit information account, and the content of the credit information report is basically 0.
2, said the amount of how much
The number "0" may appear in many places in the credit report, but there will be corresponding explanations. For example:
Credit line: credit line is 0, available line is 0, used line is 0, loan balance is 0, etc.
Repayment: the number of repayment months is 0, the actual repayment this month is 0, the current overdue amount is 0, and so on;
Number of accounts: the number of accounts overdue for more than 90 days is 0, the bad debt information is 0, and the number of guarantees for others is 0.
Query records: loan approval is 0, credit card approval is 0, guarantee qualification examination is 0, post-loan management is 0 and so on.
The credit rating of 0 refers to the "0" under the symbol "n" in the repayment record, which means that the borrower has repaid all the payable amounts in the current month on time, and the overdue amount in the current period is 0 yuan, which is a positive repayment record.
3. Description of repayment status of post-paid business
Refers to the telecom post-payment service. If the number "0" exists in the payment record, it means that the telecom arrears exceed the grace period by less than 1 month, which is a bad repayment record. For some people who have no credit history, telecom arrears are very valuable credit data.
In addition, some financial institutions may use the number 0 to indicate the loan risk according to their credit records, and a risk coefficient of 0 means that there is no bad credit record on their credit records. However, the credit report itself will not be displayed in this way. The credit report will only objectively display relevant information and data, and will not help financial institutions assess loan risks.
Can I borrow money to buy a house with a credit rating of 0?
Of course. Many banks with low thresholds have low credit requirements for buyers and have no credit records. Even if there are many credit records, overdue and default records, it will definitely have an impact on the mortgage.
No credit history just means no reference materials. The bank will judge your repayment ability according to other materials, and will lend money if it meets the conditions. Don't worry too much.
I suggest that you can cultivate good credit information through some financial tools, which is conducive to buying a house and a car in the future. For example, if you have a credit card, your daily consumption expenses will be paid through this card, and the loan amount will be increased rapidly through appropriate stages. The next time you apply for mortgage business, the bank can judge the integrity through your credit line and repayment record, which is very helpful.
How to query personal credit information on mobile phone
(1) official website, Credit Information Center of China People's Bank.
Users can enter and search for "China People's Bank Credit Information Center" in the mobile browser, select official website, the credit information center of China People's Bank, click Enter, find the "Internet Personal Credit Information Service Platform" on the homepage of the website, register an account, verify personal information and choose to log in, and then query the electronic personal credit information report according to the page prompts.
(2) Mobile banking APP inquiry of major commercial banks.
Users can check personal credit information through the mobile banking APP of major commercial banks. At present, the banks that support mobile banking to inquire personal credit online are: China Bank, China Construction Bank, Agricultural Bank, Bank of Communications, China Merchants Bank, China Everbright Bank, China Guangfa Bank, China CITIC Bank, Shanghai Pudong Development Bank, Ping An Bank and Industrial and Commercial Bank.
After logging in to the mobile banking APP, enter "Personal Credit Report" in the search bar to search, click to enter the query page, fill in the relevant information and click Generate Personal Credit Report.
(3) China UnionPay Express APP query
After downloading the China UnionPay Express APP on your mobile phone, open the login, click "My" to enter the personal center, and you can see the credit report. Click it and an authorization application will pop up. Check to read and agree to the UnionPay User Service Agreement, click "Agree", then enter the received verification code and click "Free Inquiry".