If you buy a mobile phone in installments on Xiaomi, you won't actually get credit information. But if you borrow money on Xiaomi platform, you will receive a credit report. In fact, buying mobile phones by stages has become a normal state for many young people. Because the price of mobile phones is really not cheap, young people can't afford it, so they choose to pay by installment. Installment payment can also reduce everyone's pressure, but many people wonder whether installment payment will make their credit problems and whether they will go to collect credit.

Buying a mobile phone by stages will have a great impact on a person's credit. If you buy a mobile phone by installment, you can't apply for a loan from the bank in the future. Because the bank will test your personal repayment ability, it is not particularly strong and it is impossible to buy a house. Therefore, I hope everyone can keep their credit records, and it is best not to apply for small loans online at will. Buying a house costs a lot of money, so apply for a loan from the bank, and the bank will definitely investigate your personal credit information.

Consequences of credit problems If the bank finds out that you have made a small loan, the banking system will think that your repayment ability is not particularly strong, so it will not approve a large loan. Then what everyone needs to rest assured is that in fact, buying a mobile phone in installments will definitely not be a credit report. But if you borrow money on Alipay or in some shopping malls, it will be recorded in your personal credit record.

Keep a good credit record, but if you can keep a good credit record and return it in time, it will not affect your personal credit. The only drawback is that it will be very difficult to apply for a large loan from the bank in the future. However, if you buy a mobile phone by stages, it will lead to overdue, which will have a certain impact on personal credit information and is likely to be sued.