Credit information was collected at the meeting.

Mobile phone installment, whether it is bank credit card installment, online shopping mall installment, or small loans provided by mobile phone stores, is an installment repayment behavior, which is directly linked to banks.

Regular repayment of bank credit cards is closely related to personal credit. In case of overdue or refusal to repay, your credit history will be defiled. Credit records are related to all banks in the country. If you want to borrow money to buy a house or a car in the future, other banks will refuse to lend you money when they see that there is a record of default in your credit history.

If the default amount is large, it will be noticed by the bank, and your personal property will be auctioned for repayment. If your personal property is not enough to repay, you will be classified as a "faithless person" and high consumption is prohibited. After being on this list, you can't fly or take the high-speed train, and you can't expect to travel abroad.

Extended data:

Several methods to deal with bad credit in credit investigation;

1. Record the credit record in the credit report for 5 years, pay off all the debts in time, and eliminate them automatically after 5 years;

2. You can ask the bank for proof (settlement certificate, non-malicious debt certificate, etc.). And communicate with the bank according to the facts);

3. The credit information systems of commercial banks and the People's Bank of China are not completely synchronized. You can also negotiate with the bank to see if you can avoid bad records;

4 or apply to the local people's bank for "objection handling".