Attention! The big thing that people who want to buy a house are most concerned about: the second-generation personal credit system is coming soon!

Just two days ago, the central bank stated at the just-concluded annual work conference that this year it will steadily promote the online upgrade of the second-generation credit reporting system and strengthen personal credit information security management and personal privacy protection. Suddenly, the public's enthusiasm for the launch of the second-generation credit reporting system increased.

Soon, news about the specific timetable of the second-generation credit reporting system began to appear in the market. According to the 21st Century Business Herald, according to people familiar with the matter, the central bank will soon launch the second-generation personal credit system and provide inquiries on January 20, but the personal credit reporting function is expected to be delayed until May.

Previously, major banks in many cities have issued notices stating that the national credit inquiry system has suspended services, and subsequent openings must wait for notification. Intermediaries in the circle of friends have become even more lively. They have released news one after another saying that it is recommended to buy a house in advance if you just need to, and the new version of the credit report will affect the loan. There are various signs that the second generation of credit reporting is really coming soon. However, at present, the official has not yet clarified the launch time of the second-generation credit reporting system.

However, as soon as the above-mentioned market news came out, A-share funds quickly became restless. On the morning of January 9, the credit index suddenly rose by 3%, becoming one of the conceptual sectors leading the gains that day. Many stocks in the sector hit their daily limits after opening. As of midday close, the credit index rose 2.18%, with nearly 8 billion funds pouring in. Some institutions predict that the second-generation Zhenxin will go online and its application scenarios will be extended, and the domestic market space will reach 100 billion yuan.

The new version of the credit reporting system will be launched soon?

The news said: "Inquiry will be available on January 20th"

Since last year, there have been various rumors about the launch of the second-generation credit reporting system.

This is because the new version of credit reporting has always been regarded as "the most stringent credit reporting system in history." Many analysts believe that if there is a problem with your credit report in the future, it will not only affect your travel, but also affect your loan to buy a house. In serious cases, you may even be unable to get married.

Now, news about the timetable of the second-generation credit reporting system has come again. According to the 21st Century Business Herald, according to people familiar with the matter, the central bank will launch the second-generation personal credit reporting system on January 20 and provide inquiries. However, the personal credit reporting function is expected to be delayed until May.

Just two days ago, at the just-concluded annual work conference of the central bank, news about the second-generation credit reporting system also came. The central bank stated at a work conference that it will steadily promote the online upgrade of the second-generation credit reporting system this year and strengthen the security management of personal credit reporting information and the protection of personal privacy. At the same time, the central bank also stated that it will innovate and improve credit reporting services for small and micro enterprises.

However, there is currently no clear official news about whether the second-generation credit investigation can be successfully launched before the Spring Festival.

Around April last year, there was news in the market that the second-generation credit reporting system had been launched, and it was said that "the report for public inquiry is already a new version of the credit reporting report." However, the rumor was quickly refuted by the central bank official. At that time, a relevant person from the central bank said, "The system is still being upgraded and there is no clear timetable."

According to the central bank's credit center, in 2019 From January to November, the cumulative inquiries on personal and corporate credit systems were 2.1 billion and 97.72 million respectively, and the average daily inquiries were 6.28 million and 300,000 respectively.

The First Generation Credit Reference Inquiry is temporarily closed

The intermediary circle of friends shouted "Buy a house as soon as possible"

It is worth noting that this time there is news that the credit reference system is online , may not be groundless.

A few days before the New Year, major banks issued notices one after another, and the first-generation credit inquiry interface was temporarily closed. Part of the notice stated: "Due to system network failure, the national credit inquiry system has suspended service. The opening time is pending notification from the Head Office of the People's Bank of China. Please understand."

On January 6, the Central Bank Credit Information Center announced, " In order to improve service capabilities, the personal credit information service platform plans to upgrade the system from 17:00 on January 14, 2020 to 8:00 on January 19, 2020, and will suspend external services at that time. "The above announcement stated that during the suspension of service, if there is an urgent need. To inquire about personal credit information, you can bring your identity document to the local inquiry outlet for on-site inquiry.

Interestingly, in the past few days, many real estate agents in the circle of friends have also begun to issue message reminders, suggesting that home buyers seize the last period of time to issue a credit report to avoid missing out on their favorite properties.

There are various signs that the central bank may be preparing for the second-generation credit adjustment, and it is more likely to go online early this year.

The second-generation credit information system has far-reaching impact

"Fake divorce to buy a house" will not work

So, why will the second-generation credit information system that is going to be launched this time? Attracting so much attention? Compared with the first-generation credit reporting system, what are the differences between the second-generation credit reporting system?

At present, the following aspects may attract the most attention in the market:

1. The new version of the credit report will reflect the debt status of both spouses. This also means that even if you get divorced, if someone other than the primary lender buys a house again, it will be considered as having a house and a loan, and the down payment will be 80%. After the divorce, you will not be able to buy a house with a low down payment. In a word, the path of "buying a house under fake divorce" may not work, and the down payment of buying a house after divorce may increase.

2. The new version of credit reporting information is updated in a more timely manner. According to the requirements, each institution submits data to the Credit Information Center at the collection time point T+1. This also means that it is increasingly unfeasible to apply for loans concurrently by taking advantage of the slow time lag in bank credit update updates.

3. The new version of credit information is more detailed. In the past, parking space loans, decoration loans, etc. were essentially large credit card installments, and the credit report only reflected the credit card, not the installment amount. The new version of the credit report will reflect the installment time and installment amount in more detail. This also means that applying for a mortgage requires more cash flow to offset the debt.

4. The new version of the credit reporting system has more complete and comprehensive personal information records. In the new version of the credit report, personal academic information, employment status, email address, mailing address, household registration address, and all personal mobile phone numbers will be fully displayed. The spouse's information is relatively complete, such as: name, ID type, ID number, work unit and contact number. Detailed residence information of individuals in recent years is recorded in the register. Even frequent changes of mobile phone numbers and residence information will be recorded.

5. Bad records within the validity period of the new version of the credit report will be kept longer. It is reported that adverse information including overdue, bad debts, etc. will be retained for 5 years from the date of suspension. The new version of the credit report extends the repayment record to 5 years, recording detailed repayment information (even if the account is closed, there will still be detailed repayment records) and overdue information.

Analysts believe that in the past when the credit report was not perfect, if there was serious overdue behavior, it might be possible to use the method of tearing down the east wall to pay off the west wall, as long as the money can be collected to pay off the account debt. By canceling the account, you can get a "clean" credit report, but after the new version is released, it is likely that you will not be able to find it within 5 years. This also means that it may be difficult for old people to switch to new ones in the future and apply for loans from financial institutions.

6. The new version of the credit report incorporates more life information into the credit report and diversifies the credit report records. In addition to traditional loan information, payment status of telecommunications services and tap water services. It also records information such as tax arrears, civil rulings, enforcement, administrative penalties, subsistence allowances, professional qualifications and administrative rewards.

Generally speaking, the second-generation credit system collects personal information more comprehensively and complexly, and its application scenarios are also more comprehensive. Compared with the "first generation", the second generation credit report solves the problems that the first generation credit report cannot cover, such as revolving loans, large-amount special installments of credit cards, same borrowers, companies as personal guarantees, individuals as corporate guarantees, and overdue repayment information. information.

The upgrade of the credit information system means the diversification of personal credit records and the strict display of many bad records. More and more people are beginning to realize the importance of personal credit.

A few days ago, Wang Xiaolei, deputy director of the Credit Information Center of the People's Bank of China, said that the number of personal credit report inquiries is still on the rise. More and more people realize the importance of personal credit to themselves. In the future, Inquiry volume will continue to rise.

According to Wang Xiaolei, currently, the information collected by my country’s credit reporting system in accordance with laws and regulations to reflect the credit status of borrowers mainly includes three categories: First, personal credit information, including business information such as loans, credit cards, guarantees, etc. . As of the end of November 2019, the personal credit information system has access to ***3,693 lending institutions of various types, and has basically achieved wide coverage of personal financial credit information. The second is "consume now, pay later" credit information, which mainly includes payment information for telecommunications and other public utilities. This type of information can help individuals who lack credit records establish credit files. The third is public information, which mainly includes information on administrative licensing and penalties, information on persons subject to execution for breach of trust by the court, etc.