In order to evaluate its credit status and repayment ability. The reason why emergency contacts provide credit information is mainly to evaluate their credit status and repayment ability, so as to ensure that emergency contacts can bear corresponding responsibilities when borrowers fail to repay on time. If the emergency contact person is also the guarantor of the borrower, the lending institution needs to know the credit status, repayment ability and qualification of the guarantor to ensure that it has the guarantee qualification. If the emergency contact is a mortgage applicant, it is necessary to provide his personal credit information and ID card to verify his credit record and information. In case of emergency, the lender needs to obtain the contact information of the borrower through the emergency contact person and collect it, so it is necessary to ensure that the contact information of the emergency contact person is true and effective. In short, emergency contacts provide credit information to ensure that they are capable and qualified to undertake corresponding responsibilities, thus protecting the rights and interests of lending institutions and borrowers.