Market analysis generally believes that the establishment of the national unified credit reporting agency "Xinlian" is expected to integrate the scattered credit data of the mutual gold industry, resolve the information island dilemma, and let those who owe money have nowhere to escape, thus solving the chaos in the online lending industry such as multi-head lending and fraudulent lending.
Does "heart to heart" really have such a big effect?
Let's take a look at the strength of Xinlian. Xinlian has nine shareholders. Except for China Internet Finance Association, Sesame Credit, Tencent Credit, Shenzhen Qianhai Credit, Pengyuan Credit, Zhongxin Credit, Koala Credit, Zhongzhi Credit and Beijing Huadao Credit each hold 8%. According to public information, the nine shareholders of Xinlian are outstanding in their respective industries or fields and have strong strength. It can even be said that these nine shareholders can jointly provide an accurate "portrait" for the credit of 654.38+04 billion people in China, especially the users in peer-to-peer lending.
According to industry insiders, Xinlian's main business is to carry out personal credit information activities in areas such as peer-to-peer lending. Internet credit reporting agencies that apply for the use of Lianlian data need to undertake the obligation of submitting data to Lianlian, fully enjoying and inquiring on demand. That is to say, after the operation of Xinlian in the future, the registered and compliant online lending platform will be connected to Xinlian, and the borrower data of the platform will be uploaded regularly to realize the data sharing of the entire online lending industry.
Once the online lending industry realizes data sharing through Xinlian, if the borrower has overdue loans on a certain online lending platform, its overdue records will be uploaded to Xinlian, forming a blacklist of overdue loans enjoyed by the entire online lending industry. In this way, when the overdue borrower wants to borrow money through other platforms, other platforms can query his overdue records through the letter link. This can effectively block problems such as long-term lending.
Moreover, if the future "Xinlian" and the central bank's credit information center realize data docking, once ordinary individuals form a credit stain, they will not only be unable to borrow money from other online lending platforms, but also become a problem when lending to banking institutions, and even affect personal employment, house purchase, shopping, travel and other aspects.
How to avoid entering the overdue blacklist of Xinlian in the future?
In fact, the method is very simple, that is, cherish your credit history. If you want to borrow money through online lending platform in the future, you should pay attention to personal credit records, such as timely repayment of credit cards and long-term arrears of mobile phones. If you already have peer-to-peer lending, you should always pay attention to your repayment date and repay in full; If there are overdue online loans, please contact the platform quickly and pay back the overdue loans to avoid entering the "overdue blacklist" of Xinlian in the future, which will bring a lot of inconvenience to your life.
What should I do if I already have a bad online loan credit record?
According to China's "Regulations on the Management of Credit Information Industry", "the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or events; If it has been more than 5 years, it should be deleted. " In other words, it will take at least five years to eliminate overdue records. Considering the long-term interests, it is not cost-effective to eliminate bad credit records overdue for five years! Therefore, it is particularly important to cherish credit and try our best to make the loan not overdue.