How often is the new version of the credit report updated?

The People's Bank of China's personal credit reporting system is updated monthly.

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.

Currently, the credit report record is updated every 1-2 months.

Commercial banks stipulate that information must be submitted to the personal credit information database once a month through the system, and if you want to know your credit situation, you can bring your valid ID card and a copy to the local branch of the People's Bank of China to request the counter staff to make on-site inquiries. At the same time, you can also log in to the official ** of the People's Bank of China Credit Information Center to check personal credit, or obtain personal credit reports in Aitest Data, which has covered more than 98% of the country's online loan platforms, as long as you find this public platform for inquiry.

Under special circumstances, it shall not be submitted once every two months.

To add, how long does it take for a credit taint record to be removed?

Generally speaking, the credit stain can be automatically eliminated within 5 years, of course, the premise is to settle the arrears.

However, many financial institutions will focus on checking the credit history of the individual in the last two years when doing pre-loan review, which means that if your credit is good during this period, then it should be no problem to apply for a loan again.

How often is the credit report updated.

Updated once a month.

The People's Bank of China's credit reporting system updates credit reports every month. However, the specific update time depends on two factors, one is the time when banks and other financial institutions report the data, and the other is the time it takes for the central bank to update the data after it is received.

The time at which financial institutions such as banks report data.

According to Article 6 of the "Interim Measures for the Management of Basic Personal Credit Information Databases", commercial banks shall promptly report personal credit information to the personal credit information database. After collecting personal credit information from the commercial banking system every month, it will be reported to the personal credit information database of the central bank's credit information system.

The time it takes for the central bank to update the data once it receives it.

In the past, the central bank's updated data was not very timely, and it was very likely that this month's overdue would not be displayed on the credit report until next month, which gave some people the opportunity to apply for a loan from the bank because the overdue was not yet displayed.

However, the general bank stipulates that the system needs to update the personal credit information database once a month, and the general interval will not exceed 2 months, so under normal circumstances, the information that can be queried in the personal credit record is 1 to 2 months ago. If there is an overdue record, the time to check on the credit report depends on the update time of each bank, which is generally seen after one month.

As we all know, overdue is the red line of credit reporting, and what we mean by five years actually means that individuals will have a five-year record of credit reporting after overdue. According to the "Regulations on the Administration of the Credit Reporting Industry", the retention period for credit reporting establishments of negative personal information is 5 years from the date on which the negative conduct or incident is terminated.

It is worth noting that the last paragraph is 5 years from the date of termination of the bad behavior or incident, that is to say, if there is a debt that is not repaid, the five years will not be calculated, and it will follow us for a lifetime, and then it will not only affect our own loans but also affect our children's schooling.

Extended information: What is the impact of personal credit on buying a house with a loan?

1. Credit reporting agencies and banks judge consumers' ability to repay from bank credit, based on: behavior patterns, consumption preferences, and past repayment intentions;

2. Three consecutive overdue loans or six bank rejections within two years;

3. Lenders with particularly good credit (no overdue) can enjoy preferential interest rates for their first set of loans (some banks); If the credit is not good, the bank will raise the interest rate or refuse the loan according to the specific situation;

4. The total monthly payment of the old and new ones cannot exceed 50% of the monthly income of the family;

5. It is easy to be rejected for too many times of personal credit inquiry; If there are too many inquiry records, and there is no card or loan record during this period, the bank will feel that the qualifications of the party subject to credit investigation are not good, which will affect the future loan application and credit card processing.

Hello, one month, the credit will not be updated after the repayment on the same day, the credit is not updated in real time, it is generally updated once a month, the frequency of credit update is generally once a month, according to the central bank's regulations, credit institutions should upload credit information such as credit users' repayment and overdue on a monthly basis. Moreover, the credit repayment cycle is generally once a month, so the vast majority of credit institutions also follow the regulations of the central bank. If you have an overdue record, it will usually be visible after a month.

A kiss for a month is about the same.

It generally takes about 1 month for financial institutions to update their credit information. Because the time for major banks and financial institutions to report credit is different, sometimes once a month, sometimes several times a month, if your data is just stuck at the point where the report is completed, it may not be reported for a short period of time in the near future. Moreover, after the financial institution reports the data, it will take time for the central bank's credit information center to process it, so it will take a while for the final display to be displayed.

In short, it takes about 1 to 3 months from the full repayment of the small loan to the credit update, and sometimes it can be displayed immediately if it is so fast.

If you are unsure of your personal credit history, you can obtain a personal credit big data report in Eagle Heart Quick Check. It is based on data from a large number of lending platforms and can be used to provide detailed credit assessments.

1. How often is the credit report updated?

1. The credit report will generally be updated once a month. The update of credit information is not real-time, that is, when the customer applies for a loan or repays the loan, the relevant records will not be reflected on the credit report immediately, and the content on the credit report will not be updated until the lending institution uploads the relevant information.

2. Legal basis: Article 16 of the "Regulations on the Administration of the Credit Reporting Industry".

Article 22.

Credit reporting establishments shall establish, complete, and strictly enforce rules and regulations for ensuring information security in accordance with the provisions of the departments for the oversight and management of the credit reporting industry, and employ effective technical measures to ensure information security.

Credit reporting establishments operating personal credit reporting operations shall make clear provisions on the authority and procedures for their staff's inquiries into personal information, register their staff's inquiries into personal information, and truthfully record the names of the staff making inquiries, the time, content, and purpose of the inquiries. Staff members shall not inquire about information in violation of the prescribed authority and procedures, and shall not divulge information obtained in the course of work.

II. What are the consequences of a negative personal credit record?

The consequences of a bad personal credit record are as follows:

1. If there is a bad credit record, it will affect the loan;

2. Affect travel, unable to take planes, trains, etc.;

3. In addition to having an impact on oneself, the bad credit record that affects the family also has a certain impact on the family.

It mainly depends on the reporting time of the credit institution, and the normal situation is that the credit institution should report to the credit information system according to the T+1 day. That is, after receiving the borrower's application on the same day, it will be reported the next day, and the credit information system will be updated on the same day, and the specific time point is uncertain.

For example, if the borrower applies for a loan from the lending institution on September 9, and the lending institution inquires about the borrower's credit on the same day, it will be reported to the credit information system on September 10, and the credit inquiry record will be updated on September 10.

Please note that the inquiry history of the credit report will only show the records of the last 2 years.

You can check in Xiaoqi Xincha, get a big data report, check your overdue records, and classify your online loans, regular and informal, on credit and on non-credit information. If you want to repay the money but the funds are not enough, then negotiate with the online loan platform and give priority to the repayment of the formal credit report to minimize the impact on yourself.

Extended Information: What is a Credit Reference Record?

Personal credit reports can be inquired by the person or institution, and the inquiry records can be divided into three types according to the person who inquires and the reason for the inquiry.

1. Neutral inquiry records, such as checking one's own credit information, or the records of credit institutions inquiring for post-loan management reasons after approving loans.

2. Hard inquiry records usually refer to the records generated by the borrower after being inquired by the institution when applying for business from a credit institution, such as a credit card approval record for a credit card, a loan approval record for a loan, and a guarantee qualification review record for a guarantee.

Credit institutions usually judge the quality of a borrower's credit report based on the type of inquiry record and the time of the inquiry. There are many hard inquiry records in the three types of general loan approval, credit card approval, and guarantee qualification review, and the interval between each record is short, which means that the borrower's credit investigation is more expensive.

Summary. Hello, 1. The update time of credit information is generally one to two months. The retention period for negative personal information by credit reporting establishments is 5 years, calculated from the date on which the negative conduct or incident is terminated; If it is more than 5 years old, the credit reporting establishments shall delete the negative information.

2. Legal basis: Article 16 of the "Regulations on the Administration of the Credit Reporting Industry" provides that the period for credit reporting establishments to retain negative personal information is 5 years from the date on which the negative conduct or incident is terminated; Where it is more than 5 years old, it shall be deleted. During the period for storing negative information, the information subject may make an explanation of the negative information, and the credit reporting establishments shall record it.

Hello, 1. The update time of credit information is generally one to two months. The retention period for negative personal information by credit reporting establishments is 5 years, calculated from the date on which the negative conduct or incident is terminated; If it is more than 5 years old, the credit reporting establishments shall delete the negative information. 2. The basis of the law of the law:

Article 16 of the "Regulations on the Administration of the Credit Reporting Industry" provides that credit reporting establishments have a careless period for storing negative personal information, and it is 5 years from the date on which the negative conduct or incident ends; Where it is more than 5 years old, it shall be deleted. During the period for storing negative information, the information subject may make an explanation of the negative information, and the credit reporting establishments shall record it.

Relevant information: For financial platforms connected to the People's Bank of China credit information, it is usually necessary to upload the user's credit data to the People's Bank of China credit information database on a monthly basis. Therefore, the personal credit report will be updated once a month, no later than 2 months.

It is worth mentioning that the record of overdue repayment of jujube potato group will be kept in the bank credit report for at least 5 years, and will be automatically updated after 5 years. During this period, it will have a negative impact on the processing of the credit industry. In addition, if it is a credit inquiry record, the credit report will show the user's inquiry history for the last two years.

If there are frequent hard inquiry records of credit approval, loan approval and guarantee qualification in a short period of time, the institution will think that the user is hungry for funds and has insufficient repayment ability, which is not conducive to handling credit business. Therefore, when using credit cards and loans, it is necessary to ensure that the loan is repaid on time to avoid personal credit damage. At the same time, it is also necessary to control the frequency of applying for credit cards and avoid personal credit reporting.

In addition, the debt ratio is also an important factor for loan approval. If the debt is too high, it will often increase the concerns of financial institutions, leading to loan approvals being rejected.

It takes about 1-2 months for the credit report to be renewed. According to the regulations of the central bank, major commercial banks must regularly and truthfully report the credit behavior of customers to the central bank for credit investigation, and the frequency of reporting must be once a month, and the longest cannot exceed two.

Extended Materials. The credit information system of the central bank will update the credit report once a month, but the specific update time depends on two factors, one is the time when the commercial bank reports the data; One is the update time after the People's Bank of China receives the data, which is analyzed here one by one

Article 6 of the Interim Measures for the Management of the Basic Personal Credit Information Database stipulates that commercial banks shall promptly report personal credit information to the personal credit information database. After the personal credit information is collected by the commercial bank system every month, it is reported to the personal credit information database of the central bank's credit information system, and the reporting time may be once a month, or once every two months in special circumstances.

After the PBoC receives the reported data from the business-related institutions, it generally updates it within 1 or 2 months, that is, the data reported this month can only be seen next month or the next month. This speed can be said to be relatively slow, so many people take advantage of the slow time lag of credit update to apply for a loan or credit card, because they can't see the information of the previous month, so the success rate may be relatively high.

The above is the time when the old version of the credit report is updated, but after the new version of credit is launched in 2019, all institutions are required to report data to the credit information center at the time of collection T+1, which means that the data collected on the 10th of this month must be reported on the 11th, then the central bank will update the credit report this month, and the latest credit information can be displayed after the update is successful.

Summary: The update speed of the new version of the credit report is getting faster and faster, and it is possible that the personal information of the month can be found out if there is a change in the current month, and in this way, many people want to take advantage of the slow time difference of bank credit update, and it will become more and more unfeasible to apply for loans concurrently.