If the entire credit purchase can be repaid normally, it will not have any impact on our lives.

Personal suggestion:

If there is overdue repayment after using the online credit purchase, it will be uploaded to the personal credit system and the credit report will be tainted and it will also be affected. The processing of various loan businesses, whether it is a car loan or a house loan, will be affected to a certain extent. In order to better protect our loan business in life, we must be more rational before using it. Only in this way can we To make our lives better, at the same time, we need to pay attention to that if we want to handle loan business in life, we must choose legal channels so as not to affect our normal life.

Extended information:

Personal breach of trust is caused by many reasons. In addition to confirmed malicious breach of trust, there are also a considerable number of bad credit caused by negligence. Many people are still unfamiliar with the word "credit reporting", and a single oversight will lead to "broken trust". In addition, when bank staff promote credit cards, they often talk about their various benefits without being clear about the customer's obligations and consequences of default, resulting in customers not paying enough attention to the credit stain caused by overdue repayment. In addition, some objective factors can also lead to the occurrence of untrustworthy behavior, such as changes in the party's repayment account due to bank system upgrades. Some netizens pointed out that negative information in personal credit records will be retained abroad for 7 years, while corporate and personal bankruptcy records will be retained for 10 years. However, in China, there are currently no clear legal regulations on how long negative information in personal credit records should be retained.

According to the operating procedures of the personal credit reporting system, after accepting the objection application, the credit reporting management department of the grassroots People's Bank of China should immediately transfer it to the credit reporting service center, and then transfer it to the corresponding commercial bank for assistance. After inquiry and verification, a reply will be given to The credit information service center will then return to the local People’s Bank of China credit information management department and then notify the applicant. There are many links in this process, and most commercial banks have overdue requests during assisted investigations, which results in the processing time of objection applications being too long.