The information that the credit has been recovered refers to that when the borrower handles the loan online, it is generally agreed that the insurance company will provide the guarantee. If the borrower fails to repay the loan, the insurance company will make compensation at this time, and then the insurance company will recover the arrears from the borrower. It should be noted that the information of credit recovery has a great influence on personal credit, and may be rejected when applying for a loan from a bank.

No matter what kind of loan is used at ordinary times, users must repay on time, and there can be no overdue repayment. There will be a penalty interest after overdue repayment. The longer the time, the more penalty interest will be generated, and the burden of subsequent repayment will increase. After overdue repayment, the platform will also make dunning.

Personal credit report usually records personal basic information, information summary, credit transaction details, public information details and inquiry records. This information financial institution is shared. As long as there is a default record in one institution, other financial institutions can see it when they inquire about credit information, which is why we should ensure a good credit information record.

Users must ensure good personal credit information in peacetime and deal with bad records in time. After all, it will remain for 5 years after treatment, and it will disappear automatically after 5 years. If the user does not return it all the time, the bad record will always be recorded in the credit report and will never disappear.

What does the recovered information mean?

The information that the credit information is recovered refers to that when the borrower applies for a loan online, it is agreed that the insurance company will provide the guarantee. When the loan cannot be repaid at maturity, the insurance company will repay it on its behalf, and then the insurance company will recover the arrears from the borrower. The records of compensation and recovery in the credit report are all serious negative information, although the amount is not large, which is also very unfavorable for applying for loans in the future.

Compensation and recovery are more serious than overdue, which will not only leave a bad credit record on the credit report, but also leave a record of dishonesty. Records cannot be eliminated after 5 years like overdue records, and loan compensation records will remain in your credit report forever.

Credit investigation refers to the activities of collecting, sorting, saving and processing the credit information of natural persons, legal persons and other organizations according to law, providing credit reports, credit evaluation, credit information consultation and other services to help customers judge and control credit risks and carry out credit management. Accordingly, the institution engaged in credit investigation activities is the credit investigation institution, also known as the credit investigation office. In China, the Credit Information Center of the People's Bank of China (hereinafter referred to as the Credit Information Center) is a specialized institution that establishes your "credit file" and provides personal credit information for commercial banks. You can also check personal credit reports through the Internet or local branches of the People's Bank of China. I hope my answer can help you.

What behavior will affect credit reporting?

1, improper use of credit card

If the credit card is overdue three times in a row or six times in two years, it will be reflected in the personal credit record, which will have a direct impact on applying for loans in the future. In addition, others fraudulently use ID cards or copies of ID cards to generate credit card arrears records, and personal credit cards show tx.

Such behavior will affect personal credit information.

2. Personal liabilities

Student loans, mortgages, car loans and other loans are not repaid in time; When providing a guarantee for a third party, the third party fails to repay the loan on time (external guarantee is also a debt); If the loan interest rate is raised, the "monthly payment" or installment will still be paid according to the original amount, and overdue interest will affect personal credit information.

3. Personal credit inquiry for many times.

No matter whether individuals inquire by themselves or authorize others to inquire, too many times of credit inquiry indicate that customers have great potential debt pressure and high potential risks.

4. Spouse's credit is very important.

If you are married, your spouse's credit rating will be affected if his credit is bad, his credit card is overdue or his debt is too high.

5. Bad public record

For example, unpaid property fees, water charges, electricity charges, gas charges, telephone charges, unpaid taxes and fees, etc. , will lead to a lower credit rating. At the same time, traffic violation information is also included in the credit information system on a pilot basis. In addition, the "Lao Lai" whose repayment has not been executed by the court will be included in the "list of dishonesty", so the "stain" of credit information is inevitable.

How to eliminate the information of credit recovery? A piece of puzzle!

Many people are overdue because of lack of constraints in applying for loans or problems in repayment ability, and some cases are more serious than the general overdue. Some users asked how to eliminate the information of credit recovery. Then let's briefly talk about this problem, hoping to find it helpful after reading it.

How to eliminate the information of credit recovery?

Recovery information refers to the guarantee service provided by the insurance company when the user applies for a loan, but after the user fails to repay the loan within the time limit, the insurance company will repay it on his behalf, and then the insurance company will recover the debt from the debtor. Compared with the general overdue breach of trust, compensation and recovery are more serious acts.

If the user contacts the insurance company to make a claim, the remaining compensation amount on the credit information will be updated to 0, and it will be updated and disappeared after 5 years. If the user does not handle it all the time, the compensation record will remain on the credit record all the time, causing serious credit stain. If the user wants to apply for credit business in the future, the platform will refuse when it sees this record during the audit.

In addition, as mentioned above, the credit compensation will remain, so it will not disappear immediately after the compensation is settled. If you don't want to leave a stain record, it is recommended to repay the loan on time, not overdue.

The above is the answer about "how to eliminate credit information". Generally speaking, if you want to clear the compensation record, you must pay off the debt first, and then wait for the five-year credit information system to be updated. If it is not returned all the time, the compensation record will be kept and the negative impact will continue.