Shanghai Xiaoying Card is a credit card product of Shanghai Bank and Xiaoying Wallet, with a maximum amount of 6, yuan. Many intermediaries are in hot speculation, which makes many card friends ready to move. However, there are many card friends who don't know much about this product, and they want to know whether they will receive credit information after application. Today, let's take a look. 1. Is the credit on Shanghai Xiaoying Card? As we all know, the real credit card is collected at the meeting after application, because it is a bank product. Shanghai Xiaoying Card is not a credit card in a strict sense, but an online loan product of Shanghai Bank and Xiaoying Wallet, but the funder is Shanghai Bank. And it is worth noting that, as a product of Shanghai Bank, it is also a credit report at the meeting. After the application, it will be reflected in the form of consumer loans, which is slightly different from the way credit cards are reflected in the credit report.

third, what will happen if the Shanghai Xiaoying card is overdue? 1. Generate penalty interest. If Shanghai Xiaoying Card fails to repay the loan within the time limit, the interest will be calculated on a daily basis. The longer the overdue period, the higher the interest will be. If it is not repaid this month, the compound interest will be calculated next month, and the interest will snowball. 2. Affect credit. Shanghai Xiaoying Card will receive credit information at the application meeting, so it will also leave a bad credit record on the credit information report after the deadline, which will affect the handling of credit cards and bank loans in the future. 3. It will be collected. After the Shanghai Xiaoying Card expires, you will encounter various means of collection, such as SMS collection, telephone collection, and even door-to-door collection, which will make you bored. The above is the relevant introduction of "Is the credit on Shanghai Xiaoying Card?". In a word, Shanghai Xiaoying Card is a product of Shanghai Bank. Not only does it apply for credit information at the meeting, but it will also affect credit when it is overdue. Everyone must consider it clearly when applying.