At this point, Cheng Caige's inner OS is: cheat *, not let me pay!
Big breasts! Don't get me wrong!
I just want to ask you something ~
I wanted to get a loan to buy a house before I got married, but I went to the bank to apply for a loan but was rejected! The counter manager told me that it was because my credit report had 10 inquiries a month.
I just want to ask: Will too many credit inquiries affect loans? How many times will it affect? Also, what should I do if my credit information is really illegal?
Oh, oh, so it is! Make it clear earlier! Cheng Caige is the best at this matter of credit reporting!
Ahem, to put it bluntly, every time you apply for a loan, as long as you check the credit inquiry authorization, the financial institution will inquire about your credit.
If the frequency of "hard inquiry" on the credit report is high, basically 90% will refuse the loan!
Hmm? Hard query? What the hell is this?
What is a "hard query"?
Don’t panic！ Cai Cheng brothers went on to say:
The inquiry of personal credit report is divided into: personal inquiry, credit card approval, guarantee qualification examination, post-loan management, loan approval, objection inquiry, etc.
"Hard inquiry" includes: credit card approval, loan approval and guarantee qualification examination.
In the eyes of financial companies, the short-term hard inquiry of credit information shows that you have recently borrowed money from many institutions, which is risky. Is bonus hunter going to borrow money and not pay it back?
It is very likely that the debt is high and the repayment risk is high, so it is basically impossible to lend you money.
It should be noted that personal inquiries basically do not affect loans, but not too many times, preferably not more than four times a year.
Then, as an important reference factor for loans, how many times can't loans be made by "hard inquiry" of credit information?
In fact, this bank has no standard data. Banks have different requirements for the inquiry frequency of credit information, but according to the experience summarized by Cheng Caige:
1 month, preferably no more than 5 times.
No more than 10 times in 3 months.
Otherwise, it will really affect the approval of mortgage and car loan!
Although everyone knows the truth, accidents always happen. For example, when I was young, I was not sensible, I often applied for credit cards at random, and there were some illegal online loans, which led to too many hard inquiries about credit information and accidentally spent it.
What can we do?
At this time, you must be calm and don't rush to see a doctor, so as not to spend more and more. Brother Cai Cheng summed up the four-step rule for you.
1, stop it
Don't apply for credit cards and online loans at will, especially after this platform is rejected, and then apply for other platforms immediately, so that credit information will be queried by different institutions in a short time and slowly spent.
Step 2 just hold your horses
The inquiry records on general credit information will be sold out within two years. If you don't want financial institutions to see bad inquiry records, try not to apply for credit cards or loans for two years.
3. Don't be overdue
Don't overdue the loan. As I said just now, the inquiry record will be cancelled after two years, but the overdue record will not be removed until five years after the bill is paid off! So don't make your credit information worse.
4, not illegal
Never forget!
Be sure to stay away from the so-called "credit investigation and white washing" business. Bank staff will not risk selling records for you because of some "handling fees". These businesses are all professional liars. Cheating means that a small partner can't get a loan because of credit problems.
Their routine is usually to collect a deposit and then go up in smoke! It's too late to defend rights then!
Well, this pen pal who is going to get married soon, and his little friend in front of the mobile phone screen, as long as you follow Cheng Caige's four-step rule, basically your credit information will not be a big problem. If so, go back and watch it again.