A month. Credit information is updated about once a month. According to Article 6 of the Interim Measures for the Management of Basic Database of Personal Credit Information formulated by the People's Bank of China (Order No.3 of the People's Bank of China [2005]), commercial banks shall abide by the standards of personal credit database issued by the People's Bank of China and submit personal credit information to the personal credit database accurately, completely and timely. At present, it is tentatively scheduled that commercial banks will automatically collect personal credit information once a month and submit it to the personal credit information database through the system. Under special circumstances, submit it every two months. It doesn't matter how many times you apply for a loan, but it's not good to apply too many times. Generally, after being rejected, personal credit information will only keep the inquiry record but not the loan record. Then in the future, the lending institution will find this out and know that the applicant has been rejected when applying for a loan. If it is rejected too many times, its credit rating will be lowered and it will be more difficult to apply for a loan. So remind friends who need loans not to apply for loans too many times. After being rejected, it is recommended not to apply blindly. We should consider the reasons for rejection and strive for the next application.

When examining your loan application, CITIC Bank will leave an inquiry record in the credit report, and when issuing loans, it will leave a loan record in the credit report. If the repayment is overdue, it will leave a record of overdue.

If the lender pays off all the debts within one week of the final repayment date, the borrower only needs to communicate with the bank staff in time and explain the situation in detail, then the bank will eliminate this bad record when the lender pays off all the debts and has past consumption records, but this situation cannot be repeated, otherwise it will still be recorded in the credit information system.

If the lender is overdue for more than 90 days, it will definitely be recorded in the credit information system. Generally speaking, the bad record in the credit information system will be kept for five years, which means that within five years, this bad record will follow the lender and affect the subsequent application for credit products.

Question: When you apply for a mortgage loan from a bank, you usually need to provide more.