Re-understand personal credit reporting! Impact on the five types of groups

Most people’s credit reports (normal)

Most people’s credit reports are good. As long as you can repay your credit card and mortgage on time, you won’t be overdue. There is not much credit record, there are not many other types of loans, and there is no "free-cell" card.

Civil service political review

Civil service reviewers need to review candidates’ personal credit reports; and for some positions, corporate clients around us already require employees to provide credit reports when they join the company. Since a person’s assets, liabilities, address, employer, provident fund payment, monthly repayment amount and many other information can be seen in the credit report, if there are overdue records, bad records, etc., it will affect loan approval, employment, and employment examinations.

Investor’s credit report

Investor’s credit report and shareholder’s credit report contain a lot of content. Due to investment and production and operation reasons, there is a lot of information on various credit transactions. In order to ensure smooth loan approval and renewal in the future, you must also take extra care of your credit report and maintain a normal, clean, and orderly cycle.

Some people also apply for credit loans for small capital turnover. In the current market, the monthly interest rate of credit loans is 5-6%. The first interest rate is usually 1 year, and the equal amount is 3 years. The demand is not small, but it should be noted that before applying for a credit loan, it is best to stop applying for credit cards, etc. Leave a blank period for the bank to conduct credit inquiries, otherwise, the credit loan may not be approved.

Since credit card approval inquiries and loan approval inquiries are included in the number of credit inquiries, they will affect loan approval. When we go to the bank to do business, sometimes the counter will recommend products for us to scan, and often the scan will authorize the bank's backend to conduct credit inquiries. Therefore, if you do not have a need for a loan or you are sure that it is a suitable product, it is best not to operate.

Huahua’s credit report (with bad records such as overdue payment)

Everyone knows that in litigation, persons subject to execution who fail to fulfill their payment obligations will be included in the enforcement department of the court. Once you are on the list of people with height restrictions and dishonesty, it will be inconvenient to take the high-speed rail, fly, or stay in a star-rated hotel. Of course, if you find that your credit report is wrong or your own rights have been infringed, there are also laws and regulations to follow, see below:

Legal reference

1, 2022 Article 20 of the "Credit Reporting Business Management Measures" that came into effect on January 1, 2020, the retention period of personal bad information collected by credit reporting agencies is 5 years from the date of termination of the bad behavior or event. When the retention period for personal adverse information expires, the credit reporting agency shall delete the adverse personal information from external services and applications; if it is used as sample data, it shall be anonymized.

Article 26 If the information subject believes that there are errors or omissions in the information, he has the right to raise objections to the credit reporting agency or the information provider; if he or she believes that his or her legitimate rights and interests have been infringed upon, he or she may file an objection with the local branch of the People's Bank of China. complaint. Objections and complaints will be handled in accordance with the "Credit Reporting Industry Management Regulations" and relevant regulations.

Baihu

Finally, regarding the credit report of Baihu, some conservative people will say, "I don't even have a credit card, I just don't want to go into debt." Well, everyone has his or her own ambitions. But there is a saying that goes like this, "It feels good to spend money, but it feels better to have money but not spend it." By analogy with a loan, it does not mean that you must borrow money, but that you can borrow money when you need it.