What is the use of personal credit report?

Personal credit report is widely used in commercial bank loans, credit card approval and post-loan management, and is also used for job qualification review, employee recruitment, etc. In many ways.

Personal credit report (also called personal credit report) records information such as personal debt repayment, contract performance, compliance with laws and regulations, etc. It is an objective record of personal credit history.

For individuals, credit reports are mainly used for bank loan and credit card approval. For the entire society, credit reports are of great significance in preventing and defusing financial risks, maintaining financial stability, improving the quality and efficiency of loan review, promoting the development of the credit market, assisting small and micro enterprises in financing, and optimizing the business environment.

The information recorded in personal credit reports includes the following categories:

First, basic personal information, including name, certificate type and number, mailing address, contact information, marital status, and residence information , career information, etc.;

The second is credit transaction information, including credit card information, loan information, and other credit information;

The third is other information, including inquiry records, etc.

It should be pointed out that a personal credit report is only a record of personal credit transaction information and a record of objective facts.

According to the relevant tips issued by the Credit Reference Center of the People's Bank of China, the information in the credit report mainly comes from lending institutions, public utility units, courts and government departments, etc. The bad information mainly refers to breach of contract information and tax arrears information. , court and administrative penalty information, while information that residents personally have loans or credit cards and repay them normally is positive information in the credit report.

Therefore, generally speaking, the following six types of behavior will cause bad credit records: First, the loan is not repaid on time; second, the credit card is overdue; third, when providing guarantee for a third party, the third party does not Repaying loans on time; fourth, failure to pay water, electricity, gas, and communication fees on time or deactivating related services without completing procedures, resulting in arrears and overdue payments; fifth, economic disputes such as some economic judgments by the court and debt arrears; sixth, The resident identity card was used fraudulently by others.

In addition to applying for mortgage loans and credit cards from banks, personal credit reports also play an important role in many fields. Credit record is involved in almost every major personal economic activity. Without a good personal credit record, many things may not be possible. What is a business credit report used for?

Enterprise credit report is one of the main credit information products provided by the enterprise credit information system to provide external services. It provides enquirers with comprehensive and accurate comprehensive credit information of the enterprise and provides important decision-making reference for various credit transactions. , Reduce unnecessary credit risks and losses. Corporate credit reports have two main uses: ?

First, for companies to proactively understand their own credit records, such as checking whether there is bad credit information in the credit report and comparing loan balances in the credit report. Whether it is consistent with its actual loan book balance, etc.

The second is that after the enterprise inquires, it provides it to counterparties, government departments or other institutions for use as proof of its own qualifications and credit status to gain the trust of the other party, such as: providing it to investment partners and governments that intend to cooperate. When conducting various types of tenders for enterprises, the department requires enterprises to provide their own credit reports to understand whether the enterprises have bad records. What is the use of a credit report?

The personal credit system contains extensive and accurate consumer information, which can solve the constraints of insufficient customer information on corporate marketing and help companies contact targets in the most effective and economical way. client. Therefore it has a high market value. The application of personal credit reporting systems has also been extended to direct sales, retail and other fields.

Personal credit reporting system, also known as consumer credit reporting system, mainly provides personal credit analysis products for consumer credit institutions. With the improvement of customer requirements, the data of personal credit information systems are no longer limited to traditional operational areas such as credit records, and attention has gradually shifted to the business area of ??providing comprehensive social data services. In the United States, one-third of personal credit bureau profits come from direct or database marketing. Personal credit reporting systems have been widely used in corporate marketing activities.

Extended information:

1. The personal credit reporting system is a "credit file" (i.e. personal credit report) established by a specialized agency for each person, and then provided to banks, data subjects, Financial regulators, judicial departments and other government agencies.

This activity of sharing credit information between banks through a third-party agency is credit reporting.

Second, with the intervention of credit bureaus, when you apply for a loan from a bank, the account manager can check your credit report with your consent, so as to tell you as soon as possible whether a loan can be provided and save money. time. On the one hand, the personal credit reporting system is a tool to prevent financial risks and maintain financial stability. On the other hand, it also promotes the establishment of a social credit system.

3. Specifically, personal credit reporting is divided into three parts. The first part is basic personal information, the second part is credit information, and the third part is non-bank information. Basic personal information includes personal identity, spouse's identity, residence information, occupation information, etc. Credit information includes a summary of bank credit information, a summary of credit card and quasi-credit card information, a summary of loan information, a summary of loan guarantee information for others, etc. Non-bank information refers to personal insurance and payment information, housing provident fund information, road maintenance fees, telecommunications user payments, etc. Depending on the actual situation, the system information will also contain the customer's own statements. This information does potentially affect individuals' lending behavior at banks.