I often hear people say that credit card applications and loans may affect my credit, so I simply don’t touch anything and don’t apply for any bank credit cards. However, this is not the case. Sometimes it can be a problem to check the account of a white account.
What is a credit reporting novice?
The "white account" in credit reporting means that you have never had a credit card or used a bank loan. It should be noted that having a white household does not mean that the credit report is blank. Although a white household's credit report does not have loan and credit card records, it may contain provident fund, social security, penalties, judgments, inquiry records and other information. A "pure white account" in credit reporting means that there is no information in the credit reporting system and the personal credit is completely blank. Pure credit users, when checking personal credit information on the credit information center website, will be prompted when registering, "Currently, your personal information has not been entered into the system and you cannot register."
Why is it difficult for white households to apply for a loan?
It is difficult for families to apply for loans because their personal credit is "blank". When financial institutions, including banks and small loan companies, review whether they can grant loans to borrowers, they use personal credit reports to determine whether the borrower has the ability and willingness to repay. Therefore, when the credit report is empty, the bank will not be able to judge your credit status, so it will be difficult to give you a loan. This is also the main reason why it is difficult for white households to apply for loans.
How do credit bureau users obtain loans?
1. Apply for a credit card.
If you want to get a loan, the bank will first check your personal credit record, so you need to apply for a credit card and use it to obtain your credit record.
2. Apply for a mortgage loan
If you are a senior credit banker and want to get a loan quickly, another way is to provide collateral. In other words, you can use your house, car, or other valuable assets as collateral.
The high-profile appearance of collateral is enough to make up for your credit gap and dispel the concerns of financial institutions. In this case, your chances of getting a loan are very high. However, it is worth noting that mortgage loans are mostly synonymous with large loans, generally starting from 200,000 yuan. If you want to apply for a small loan, it is best to use your vehicle as collateral.
3. Provide other supporting documents.
Applying for a loan requires more than just showing personal credit information. If you are young, your family will help you buy a house or a car, or you may have assets in your name. You can provide these materials and easily get a loan from the bank. It is recommended not to apply for your first loan online, but to go to the bank counter to apply.
4. Choose the appropriate loan product.
In fact, not all lending institutions currently have access to the central bank’s credit reporting system. In this case, you have to "shop around." For example, Jiedaibao, IOUs, and small loans all rely on big data to score users' credit. You can also apply.