For small loan companies, loans cannot be replaced by credit information, mainly depending on whether small loan companies have an interface with the central bank's credit information system. Apply for a loan from a small loan company that has no interface with the central bank's credit information system, and the overdue record will not be recorded in the personal credit information report.
Going to the bank for a loan will undoubtedly leave a stain on the credit record if the repayment is overdue. However, whether small loan companies receive credit information depends on whether small loan companies are connected with the central bank's credit information interface.
The data shows that there are less than 100 microfinance companies accessing the central bank's credit information interface. It can be seen that in some small loan companies, loan records will not appear in the credit report. But we must not take it lightly, because the credit enjoyed by small loan companies is blacklisted. If the borrower always fails to pay back in loans overdue, it will not only be impossible to borrow money from this small loan company, but also difficult to borrow money from other small loan companies.
What should I do if there is overdue or credit stain:
Under normal circumstances, bank loans mainly refer to the credit records of the past two years. If the previous overdue loan has been paid off, it will have little impact on the loan application. After paying off the arrears and interest, keep a good credit habit for another five years, and the overdue records will be deleted.
If the borrower is not maliciously overdue and has sufficient reasons, he can bring relevant certificates to the borrowing bank to explain the situation. After the borrower pays off the loan, it generally doesn't matter much. Now it is a society ruled by law, so it is recommended not to be overdue.
If there is "three consecutive days" (overdue for three consecutive months); "Tired six times" (accumulated six overdue repayments) is a serious situation. Generally, it is difficult for such borrowers to successfully borrow money from banks. If this happens, what the borrower can do is to check his credit record regularly and communicate with the bank in time if he finds his own abnormal situation. If there are overdue accounts, you need to repay them in time and maintain good credit habits.