Just because some borrowers can still see bad records after clearing the debts owed by loans overdue does not mean that the credit information has not been updated. On the contrary, it takes a long time to repair credit information, that is, from the date when all kinds of bad behaviors stop, it will be cleared after 5 years. For example, if loans overdue's arrears are settled on August 25th, 2022, it will take August 25th, 2027 to see the bad records.
Can I get a loan? If the borrower intends to borrow in the future, it is recommended to look at the loans overdue grade of the credit report, which is generally marked with the number 1~7. The smaller the data, the more serious it is. As long as the borrower's loans overdue identification number is below 3, it means that there are no three overdue loans within two years, and the loan will be processed at least one month after the arrears are settled.
However, due to the existence of bad records, the loan company will be very strict in auditing borrowers, and borrowers should try their best to reflect their capital adequacy ratio, such as paying off the debts in the credit report before borrowing, reducing the debt ratio, or giving enough asset certificates to gain the approval of the loan company.
Is the money fund's income high? The short-term income of the money fund is low, but the long-term income is still very good. Monetary funds are usually cash for project investment, deposits with a term of 1 year (including 1 year), bond repurchase, central bank bills, interbank deposit certificates, debt bonds with a term of 397 days (including 397 days), debt financing instruments of non-financial institutions, asset-backed securities, etc.
Therefore, the short-term income of the money fund is low, but the long-term holding income is relatively stable and there is almost no loss. If you save more money and hold it for a long time, the income will be higher.
What is the average annual rate of return of the money fund? The annual rate of return of general money funds is around 2%. Monetary funds can generally see the average income level in the last seven days. It is the data information obtained after the annualized interest rate is made, and it is the embodiment of the profitability of stock funds in the past seven days. We can refer to this before buying.
However, the annualized interest rate income of the money fund is irregular, and the daily income of the money fund will also change. If the deposit amount is small, you will see less income in a short time, and everyone can hold the money fund for a long time.