1. What is a credit report? What does it have to do with credit?
Credit: refers to the act of providing funds, goods or services to the other party on the premise that one party promises to repay in the future.
Credit: It is a service provided by a professional third-party organization, which objectively records people's past credit information and helps predict whether they will perform their duties in the future.
Credit report: it is an objective record of your credit history, recording your loan repayment, contract performance, law-abiding and other information. Help your trading partner get to know you better and make a decision whether to trade with you as soon as possible. So, the credit report is yours? Economic ID card? .
Second, what is the use of the credit report?
At present, personal credit reports include personal basic information, bank credit information, non-bank credit information, objection records and inquiry records. Personal credit report is widely used in commercial bank loans, credit card approval and post-loan management, as well as in many activities such as qualification examination and employee recruitment.
1. Loan approval
After the loan is approved, the bank will check. Historical repayment record? , judge their willingness to repay; Opinion? How much did you borrow? 、? What is external guarantee? Wait, judge whether to approve the loan and the loan amount.
Credit report can save time for banks to review loans and help you get loans quickly. If your credit is good, the bank will lend faster. However, if you have an overdue record, banks will be more cautious in lending, which is not conducive to your obtaining loans or increasing your loan costs.
2. Credit card approval
When a customer applies for a credit card, under normal circumstances, the bank will check the customer's credit status and determine the credit card limit according to the credit report.
After providing the credit card to the customer, check it by viewing it? What is the repayment situation? Whether to increase credit line, etc.
3. Qualification examination and employee recruitment
Some units will review their credit information when hiring employees.
Pay attention to keep a good credit record in daily life, live within our means and avoid overdue. If there are overdue records, repayment should be made as soon as possible, and active measures should be taken to avoid recurrence; If the overdue information is wrong, you should apply as soon as possible and correct it in time.
Source: Credit Information Center of China People's Bank.