Does Telecom Orange Installment Affect Credit Does Orange Installment Affect Credit Reporting

Yes, the repayment behavior of the Orange Installment User will be reported to the corresponding credit bureau, and the user is required to repay or pay in a timely manner** to maintain a good credit record.

Orange staging

China Telecom has launched a product called "Orange Installment", which allows users to buy mobile phones by installments, but the installment payment will be repaid by China Telecom. Users only need to bring their ID cards and bank cards to the business hall to handle it.

Specifically, the product "Orange Installment" means that users can get the corresponding terminal discount amount by selecting the monthly fee**, and the higher the monthly fee**, the higher the terminal discount amount. After the user chooses the orange installment product, the terminal fee after the discount will be paid in the form of monthly payment, but at the same time, the user's ePay account will get the same red envelope as the monthly payment, which is equivalent to the monthly payment of ePay to help the user repay the monthly payment of the machine.

Credit Reporting

Personal credit reporting refers to the activities of lawfully established personal credit reporting establishments collecting and processing personal credit information, and providing personal credit information inquiry and assessment services upon the request of users. Personal credit reports are personal credit history records that credit reporting establishments have collected in accordance with law, processed and sorted out in accordance with law, and finally provided to lawful information inquirers in accordance with law.

The main factors that may affect an individual's credit risk score are: there has been a late repayment in the loan, or the credit card overdraft has not been repaid within the agreed period and repayment amount, or there are too many loan accounts and credit cards, etc.

At present, the personal credit business has further expanded to the fields of foreign banks and non-banks, and has cooperated with pawnbroking, guarantee, leasing and other institutions, entering a new stage of development.

The enterprise credit information system collects various commercial credit information of the enterprise, including enterprise registration information, annual inspection grade, product compliance information, tax grade information, state-owned assets performance evaluation information, import and export declaration records, credit financing records and industry statistical analysis information.

Private credit data collection sources are wider, which will penetrate the details of people's lives, and the level of their credit report scores will also affect personal car rentals and houses, etc., "In the future, credit will become more and more important, and it will be difficult for the untrustworthy to move an inch." Personal credit will permeate all aspects of life.

Hello, if you do not pay in installments on time, it will affect the user's credit, and the repayment behavior of the orange installment user will be reported to the corresponding credit bureau, and the user is required to repay or pay in a timely manner** to maintain a good credit record.

Orange installment will affect credit information: 1. Telecom Orange Installment is an installment consumption method launched by the intelligent credit service provider Dumiao in cooperation with Yipay Company, a subsidiary of China Pichun Telecom, and the application for orange installment is on the credit report, and the loan record will be displayed on the personal credit report; 2. However, there is no frequent application for orange installment, and there is no overdue Jianhong talk, which does not affect the Anhui Electric Burning Command Letter *** to serve you.

Effect. Telecom Orange installment is on the credit report, once it is overdue, it will be reported to the credit information center, and it is necessary to pay overdue penalty interest; After the overdue period, the orange installment will be collected, and during the collection period, the personal reputation and normal life of the debtor will be greatly adversely affected; For those who have bad overdue behavior, Orange Installment may take legal measures to solve the problem and take the debtor directly to court for the court to deal with.

Extended information: 1. According to the business model, it can be divided into two categories: enterprise credit and personal credit.

Enterprise credit reporting is mainly an institution that collects enterprise credit information and production enterprise credit products; Personal credit reporting is mainly an institution that collects personal credit information and produces personal credit products. In some countries, these two types of business are completed by one institution, while in some countries two or more institutions are completed separately, or in a country there are both institutions engaged in individual credit reporting alone, as well as institutions engaged in two types of credit reporting business, individuals and enterprises, and there are generally no restrictions, and the credit reporting agencies make their own decisions based on the actual situation.

2. The main service object of credit investigation is financial institutions, providing support for credit decision-making; The main service objects of commercial credit are wholesalers or retailers, providing support for credit sales decisions; The main service object of employment credit is the employer, providing support for the employer's employment decision-making; In addition, there are other credit reporting activities, such as market research, creditor's rights processing, movable property, real estate appraisal, etc. Some of the credit reporting business for different service recipients is completed by a single institution, and some are completed in independent enterprises around the upstream and downstream of credit reporting agencies with databases. According to the scope of credit reporting, it can be divided into regional credit, domestic credit, transnational credit, etc.

3. Regional credit reporting is generally small in scale, only providing credit reporting services in a specific region, this model generally exists more in countries where the credit reporting industry has just started, and after the credit reporting industry develops to a certain stage, most of them move towards mergers or professional subdivisions, and regional credit in the real sense gradually disappears; Domestic credit reporting is one of the most institutional forms in the world, especially in countries that have opened credit reporting agencies in recent years. Transnational credit is rising rapidly in recent years, and the reason why this kind of credit can develop rapidly is mainly due to internal and external reasons: the internal reason is that some old credit reporting agencies in Western countries use various forms (such as setting up subsidiaries, cooperation, equity participation, providing technical support, setting up offices, etc.) to penetrate into other countries in order to expand their business; The external reasons are mainly due to the acceleration of the process of world economic integration, the mutual penetration and integration of the economies of various countries, the increasing number of transnational economic entities, and the increasing demand for transnational credit business. However, due to the different political systems, legal systems, and cultural backgrounds of each country, the development of transnational credit reporting is also subject to certain constraints.

Orange installment affects credit reporting. Therefore, after you apply for an orange installment, there will be a record in your personal credit report, and when you apply for a credit card or loan in the future, the financial institution will check your credit report, and if you use it normally and are not overdue, it usually has little impact on you.

Applying for an orange installment is on the credit report. It is a credit service provider Dianmiao, in cooperation with China Telecom's Yipay Company, to launch the "Orange Installment" installment consumption method.

It outputs big data risk control technology and consumer finance professional services, cooperates with China Telecom for risk control, and provides telecom users with professional consumer financial services for phone purchase and phone bill installment. Therefore, everyone needs to repay the loan on time after using Telecom Orange to consume in installments, and once the overdue behavior occurs, it will affect the user's personal credit.

Orange Installment is an HP financial service provided by Wing Pay to consumers, such as personal credit payment and commodity installment consumption, and consumers can enjoy a variety of services such as credit installment, credit consumption, and credit cash withdrawal by virtue of personal credit. Debit cards in the user's name are supported, and credit cards are not supported for the time being. It can be handled by users between the ages of 18 and 60, subject to the age of the ID card.

Mobile numbers, Unicom numbers, and telecom numbers can all be handled. EPay users can handle it, and they need to bind their real-name and debit card during the process, and complete real-name authentication.

Extended Information】How to repay orange installment early repayment?

If you want to repay the installment in advance, you can choose to settle it in full in advance, or you can choose to repay the current installment in advance. Customers need to log in to ePay in their mobile phones, click "More", then click "Orange Installment", then click "Service", select "Pending Repayment in the Month" for the current period, and select "Termination and Repayment" for early settlement, and the agreement will end after settlement. However, "All to be repaid" supports early repayment of current period and early settlement, but does not support early repayment of multiple periods.

Ordinary users repay in advance, such as the above operations, if Yu'e Bao pledge installment users, Huabei freeze Yu'e Bao frozen users, JD ** online installment users, and credit card pledge users want to repay in advance, the operation steps are similar. Similarly, use the repayment number to log in to Wing Pay, then click "More", select "Orange Installment", and then click "Service" to make active repayment.

Operating environment: brand model: Xiaomi 12pro

System version: Android 11 MIUI 13

For example, if Huabei users repay in advance, they can also log in to Alipay on their mobile phones, click "Huabei", and then click "My Bill", and then take the initiative to repay; JD Baitiao installment users can also log in to the JD Finance APP, click "Credit", then click "Baitiao", and select "Monthly Bill" or "All to be Repaid" to make active repayment.

Operating environment: brand model: Xiaomi 12pro

System version: Android 11 MIUI 13