What does it mean that the credit information shows the qualification examination of guarantee?
The reason for the qualification examination of credit inquiry guarantee means that others give loans to themselves as guarantors. Banks must know the credit, liabilities and repayment ability of guarantors, and will inquire about the credit for the reasons of qualification examination of guarantee, so the credit inquiry record will show the credit inquiry and qualification examination of guarantee.
In addition to providing guarantees for others, everyone who runs their own credit card will also be investigated. The reason for the inquiry is credit card approval; Also, your own loan will be checked for credit, because the loan is approved.
Does the guarantee qualification examination have an impact on credit reporting?
1, loan approval, credit card approval and guarantee qualification examination are all hard inquiry records, which directly affect credit information. If there are too many records of such inquiries in a short period of time, it is easy to obtain credit information, which will give the lender the impression of lack of money, which is not conducive to handling bank credit business in the future.
2. If the credit report is inquired by different institutions in a short time due to loan approval, credit card approval and other reasons, but there is no new credit card and loan information in the loan record in the credit report, it is likely that the application was rejected, which will also be unfavorable to the credit card and loan application.
It should be pointed out that institutions usually have to obtain their authorization to check credit information. If it is found that the credit report has been inquired beyond the authority, you can inquire about it to the inquiry institution or report it to the branch of the People's Bank of China, requesting to cancel the inquiry record.