Too many credit records have become a bad credit report; the society calls bad credit reports. Spent credit reporting means that too many credit reporting inquiries result in too many credit reporting records, and the credit reporting becomes a "spent credit reporting". When a user applies for a credit card or loan, he authorizes a bank or financial institution to query the user's credit report. When the bank queries the credit report information, this process will be displayed on the credit report as "loan approval", "pre-guarantee review" and "credit card approval". Regardless of whether the user successfully applies, it will be recorded by the credit report, resulting in "spending" of the credit report.

Credit report flower is also a popular name for poor credit report or credit report being checked too many times by financial institutions. Generally, banks and lending institutions will check the borrower's credit report before applying for a loan. There are two types of credit inquiry. One is for individuals to apply for inquiry from the People's Bank of China. This inquiry method usually does not cause problems for the individual's credit. What is easy to mess up the credit inquiry is the credit inquiry record of the lending institution; the other is the credit inquiry record of the lending institution; One is to query the records of the lending institution. Generally, when an individual applies for a credit card or applies for a loan, the institution will query the credit report once, and the query records will be reflected in the credit report. If there are too many query records in the credit report, then when applying for During the loan business, the lending institution will consider the borrower's financial situation to be relatively tight and will reject the user's loan application.