How many times can your credit report be checked in a year?

As for the number of times a personal credit report is issued, there is no limit on the number of times or years, which means you can check it as many times as you like in a year. Restricted access to personal credit information.

However, the Credit Information Center of the People's Bank of China stipulates that each person is allowed to check personal credit information for free twice a year. After more than two times, a service fee of 25 yuan will be charged each time.

Although the credit report can be checked many times a year, checking the credit report too frequently will affect the bank's loan application.

If there are too many "hard inquiries", banks and other financial institutions may refuse to provide loan services to users. The so-called "hard inquiries" are inquiry records generated by reviewing customers' financing applications, such as credit card approval, loan approval, etc.

It is understood that the central bank credit report can only be queried by the person himself or with his authorization.

Excessive credit inquiries indicate that the inquirer has greater potential debt pressure and higher potential risks. Moreover, the official website of the Central Bank's Credit Reference Center also shows that if within a relatively short period of time, the credit report has been queried by different banks many times due to loan, credit card approval, etc., but the records in the report indicate that no new loans or loans have been obtained during this period. Having applied for a credit card may mean that the information subject has applied for loans or credit cards from many banks but failed. Such information may have an adverse impact on subsequent related applications.

However, various banks have different requirements for the frequency of credit inquiries. It depends on the specific regulations of each bank. How many times can a personal credit report be checked a year?

Personal credit reports can be checked multiple times a year. There is no limit to the number of queries. However, I have two free query opportunities per year. If I check my credit report more than twice, I will need to pay for subsequent credit reports. Therefore, it is enough for me to check the credit report twice a year. As for financial institutions to check the user's personal credit report, there is no limit on the number of times.

Too many personal credit report inquiries will cause your personal credit report to be ruined. After your credit report is ruined, it will be difficult to pass the loan review when applying for credit loans. Will it have any impact if you frequently check your personal credit report?

If the user checks his credit report too many times, it will have a certain impact. If the user only prints the credit report, it will not cause too many negative problems. Generally speaking, in daily life, users should not check personal credit information too frequently, because every inquiry made by the user will be recorded in the central bank’s credit information system. If the number of credit information inquiries is too frequent, it is easy to Fuck your credit report. Even if an individual checks the credit record in person and frequently leaves inquiry records, the bank will feel very suspicious.

Credit reporting is an activity in which a professional, independent third-party agency establishes credit files for individuals or enterprises, collects and objectively records their credit information in accordance with the law, and provides credit information services to external parties in accordance with the law. Professional credit institutions provide a platform for sharing credit information.

1. Query records from time to time

If the records are checked from time to time and are not overdue, it will actually be helpful to users. Through the debt repayment status, credit card repayment records, number of cards held, etc. in the credit report, the user's credit qualifications can be judged.

2. Frequent loan applications

If there is a record of frequent loan applications recently, it will be disadvantageous for the borrower. If each application is unsuccessful, it only means that the user's recent credit qualifications need to be examined. In addition, some banks may reject users who have made too many recent credit inquiries. Too many credit inquiries in a short period of time indicate that the user is very short of money and the risk of repayment is relatively high.

3. Under normal circumstances, personal inquiries and post-loan management inquiries are generally not included in the number of inquiries. Inquiries from banks and lending institutions are the key to the number of credit inquiries.

4. In addition to credit inquiry records, banks will also look at users’ personal information, such as social security payment units and provident fund payment amounts, to determine whether the user’s income is true.

5. Currently, the formal loans on the market are all connected to the central bank’s credit reference, such as Jiebei, Youqianhua, Weilidai, Jingdong gold bars, Baitiao, etc., so everyone must maintain their own credit after borrowing. Credit history, repayments on time.