As a reflection of business and personal credit behavior of the "economic identity", the importance of credit reports is self-evident.
According to the World Bank "Doing Business" credit information index is a measure of an important indicator of the credit system breadth, depth and convenient service of a country, China's credit information index has reached 8 points for four consecutive years, reflecting our credit system level in the world advanced level, can solve the problem of information sharing lenders.
Credit report information including personal loans, credit information (such as telecommunications and other public utilities payment information) "first payment after consumption" of public information (such as administrative penalties and license information, the court dishonest debtor information, etc.). Not all public information will be recorded in the credit report, mainly because some information can serve to assess the credit risk of financial institutions.
Credit reports are mainly used for lenders to borrowers credit risk assessment, widely used in pre-loan, loans, the loan after the whole process. In short, when you apply for loans at banks and other financial institutions, financial institutions will combine to grasp this body of information, refer to your credit report the situation to decide whether your loans and credit lines.
Under Article 17 "credit industry regulations," personal information subject should be allowed twice a year free access to my credit report.
Check their credit report, on the one hand is to understand the status of my credit, on the other hand to help improve the credit system, this is a very important channel, if I find a mistake, you can apply in time to deal with objections. In general, the relevant agencies after receiving the application for opposition, the opponent will reply within 20 days. After verification, confirm the information definite error, omission, information providers, credit bureaus should be corrected.
Need to be reminded that I do not recommend that you frequently queried credit report in the short term.
Statistics show that in January 2019 to November, received a total of 49,000 personal credit objection to the application pens, objections response rate of 99.8%, dispute resolution rate of 99.6%, the average processing time for objections ten days; receive individual statements 1275 business pen; the overall situation remained stable handling.
Source: Daily News
Editor: UTS Micro Branch
