At the same time, there is money in the card three days before the due repayment date, and the system will automatically check it, and then deduct it on the repayment date.
If it has expired, it will have the following effects:
1, affecting personal loans, handling credit cards and finding jobs.
If the credit information is in good condition and there is no breach of contract, you can get the approval of the bank more quickly when applying for loans and handling credit cards. Moreover, due to the good credit status, when borrowing money, you may get certain discounts on the loan interest rate and loan amount.
In addition, when looking for a job, some employers will check the credit information of job seekers.
2. Help banks make more convenient decisions.
Before the credit investigation, it is difficult for banks to fully understand the credit situation of customers, and it is impossible to make a decision on whether to lend or not quickly and conveniently. After the People's Bank of China organizes commercial banks to input the credit information of citizens and enterprises into personal credit files, whenever banks need to make decisions, they can query customers' credit files and make decisions quickly.
3. Promote social integrity.
Because credit information will affect personal loans and job hunting, the cost of dishonesty will be higher, prompting people to be trustworthy and promoting social trustworthiness.
Overdue bad credit reports will have the following consequences:
1. Don't try to deal with the government smoothly in the future.
For example, strictly examine the examination and approval of administrative licenses, strictly control the issuance of production licenses, and restrict the examination and approval of new projects.
2. Make you unable to gain a foothold in the industry.
Implement market and industry ban measures for enterprises with serious dishonesty and their legal representatives, principal responsible persons and registered practitioners who are directly responsible for dishonesty.
3. Leaving the country, buying a house, flying and staying in a star-rated hotel are all restricted.
For serious untrustworthy subjects who have the ability to perform but refuse to perform, measures such as restricting leaving the country and buying real estate, flying, taking high-level trains and seats, traveling and vacationing, staying in hotels with stars or above are implemented.
If you want to borrow money, you not only have to pay more interest than others, but also may not lend it to you.
Importance of credit investigation:
In the financial system, at present, it should be said that under the various links of bank's pre-lending approval, risk pricing and post-lending risk management. Every loan approval, every credit card issuance, every risky product pricing, every customer's risk warning, and every collection of non-performing loans of financial institutions need to inquire about the credit report of the parties concerned.
It can be seen that the inquiry of credit report has been fully and deeply embedded in the management system of financial institutions. In the process of credit management, financial institutions increasingly use and rely on credit information system. In addition, in recent years, with the improvement of public credit awareness, the application scope of credit reports has become wider and wider, and gradually increased. Think about it. It's a lot of money.
At present, from all aspects of social and economic life, such as housing lease, transportation, centralized procurement, product project bidding, investment promotion activities, etc. These reports are used for business transactions and business cooperation.