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Does CICC look at credit reporting for financial loans?
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According to Sohu's query. CICC Finance will check personal credit records during the loan approval process. Personal credit record is one of the important bases for financial institutions to know the credit status of borrowers. Banks will know the borrower's loan records, including mortgage, car loan, credit card, provident fund deposits and so on. By reading the personal credit report, the overall credit status of the borrower can be evaluated.