What is the difference between a credit report empty account and a white account

1. Empty credit accounts and white accounts actually mean the same thing, that is, personal credit cannot be queried in the records of the banking system.

2. For the applicant for a loan with a blank credit account, checking the applicant's personal credit record is a basis for the bank to confirm the applicant's personal credit situation, and if the personal credit record is empty, then the bank has no standard for reference. For banks, the creditworthiness of loan applicants cannot be judged. This increases the risk of banks providing loans, and in the case of strict bank risk control, such applicants are easily rejected.

Only once, it basically doesn't matter, as long as it doesn't exceed the day, it's fine, and mine is too, but it's okay, as long as the credit is good in the future, it will be renewed in a few months.

What does it mean to be a white account for credit reporting.

"White account" refers to a person who has never had a credit card and has never used a bank loan. It should be noted that white households do not mean that the credit report is blank, although the credit report of white households does not have loan and credit card records, it may have information such as provident fund, social security, penalties, judgments and inquiry records. "Pure white households" means that there is no information in the credit reporting system, and personal credit is completely blank.

Credit investigation is pure white households, check personal credit in the credit information center**, and when registering, it will prompt "At present, the system has not included your personal information, and you cannot register." ”

Extended Materials. How to get a loan for a credit white household?

1. Apply for a credit card.

If you want to take out a loan, the bank will first check your personal credit report, so you need to apply for a credit card and use the credit card to obtain a credit record.

2. Apply for a mortgage.

If you are a veteran credit white and want to get a loan quickly, another way is to provide collateral. In other words, you can use your house, car, or other assets with higher value as collateral.

The high-profile appearance of collateral is enough to make up for the shortcomings of your credit gap and dispel the concerns of financial institutions, in which case, the possibility of you successfully getting a loan is very high. However, it is worth noting that most of the mortgage loans are synonymous with large loans, generally starting at 200,000 yuan, and if you want to apply for a small loan, it is best to choose a vehicle as collateral.

3. Provide other supporting documents.

If you are young, your family will help you buy a house, buy a car, or have assets in your name, you can provide these materials, and you can easily get a loan from the bank.

4. Choose the right loan product.

In fact, at present, not all lending institutions are connected to the central bank's credit system, in this case, you have to "shop around", such as borrowing, white strips, and micro loans all rely on big data to score users' credit, and you can also apply.

To put it simply, a white credit account is a user with a blank credit status, without any loan or credit card application and use history. In addition, the white households are divided into "white households" and "pure white households".

"White account" refers to a user who has applied for a credit card or loan but has failed to apply for it for more than half a year.

"Pure white households" refer to users who have never applied for credit cards or loans, and there is no credit inquiry record in the credit report, and the personal credit report is blank.

Credit reporting is a relatively neutral state, and it cannot be said that it is absolutely good or absolutely bad. The credit white account is still much better than the black account caused by the overdue, and the loan will not be rejected because of the credit white household. However, it is worse than users who have a normal repayment record with credit information.

When applying for credit business, the bank may not be able to repay the credit of the user without reason, resulting in a low loan amount or a high interest rate due to the fact that the bank has no previous credit history and the user's repayment ability can repay the credit by itself. Extended information: Why is the credit report getting worse when repaying on time?

Repayment on time can only ensure that it is not overdue and does not produce bad credit, but it does not necessarily mean that the credit is good, and it depends on other aspects, such as the number of credit institutions on the credit report, the total credit line is high, the personal debt ratio, the query record and so on. 1. The number of credit institutions is large: there are too many credit institutions, and there is a suspicion of multiple loans, which does not rule out the possibility of raising loans with loans, loans, or cards, although they have repaid on time, but once the income capacity declines, or other special circumstances lead to making ends meet, sooner or later it will be overdue, and the risk is large.

2. The total credit line is high: the new regulations stipulate that the maximum consumer credit line for a single number is 200,000, once the total credit is too high, there will be no extra credit space for other credit business, and there is no credit line to borrow, and such credit is also not good. 3. High personal debt ratio:

Credit cards and loan arrears that have not been paid off on the credit report are all personal debts, and too high personal debts are a manifestation of worrying repayment ability, but different institutions have different standards for high debt ratios, such as some banks stipulate that total liabilities cannot exceed 50% of personal monthly income, and some banks cannot exceed 30%. 4. There are many hard inquiry records: query records include post-loan management, loan approval, personal inquiry, credit card approval, and guarantee qualification review, among which loan approval, credit card approval, and guarantee qualification review are collectively referred to as hard query records.

The so-called credit investigation white account refers to customers who do not have any loan and credit card records on their credit reports. For credit fund providers such as banks, when evaluating the personal credit status of borrowers, they usually rely on the person's past credit behavior records. These credit behavior records mainly include credit transaction records such as personal past loan repayment and credit card usage.

However, if the borrower has neither borrowed nor used a credit card in the past, the result will be questioned by the financial institution because it is not possible to accurately assess the credit.

Therefore, if you don't take out a loan or a card, your credit profile is not necessarily good.

Pure white households can find credit information, but pure white households are users who have not applied for any loans or credit cards, so there is a blank in the credit information, so they will be called credit white households.

Since there is no credit history, it is difficult for financial institutions to judge the user's repayment ability.

Extended information: Credit investigation is a Chinese word, pinyin is zhēng xìn, which means to collect, sort, preserve, and process the credit information of natural persons, legal persons, and other organizations in accordance with the law, and provide credit reports, credit assessments, credit information consultations and other services to help customers judge and control credit risks, and carry out credit management activities. From "The Eighth Year of Zhao Gong" in "The Words of a Gentleman, Faith and Signing, So the Grievance is Far Away from His Body".

Among them, "trust and sign" means that it can be verified that its words are faithful, or solicit and verify credit.

Credit reporting is an activity in which a professional and independent third-party institution establishes a credit file for individuals or enterprises, collects and objectively records their credit information in accordance with the law, and provides credit information services to the outside world in accordance with the law, which provides a platform for professional credit institutions to share credit information.

In May 2019, the new version of personal credit information was officially launched, and the duration and granularity of credit information will be further improved.

If you borrow money from a bank, then the bank needs to know who you are; You need to judge whether you can repay the money on time; Whether you have borrowed money before, whether you have a record of borrowing money and not paying it back, etc. Before the credit report appears, you need to provide a series of supporting materials to the bank: unit certificate, salary certificate, etc.; The loan officer of the bank will also call ** to visit your unit.

It will take two weeks or more before the bank will tell you if you want to lend you money. It's really tiring for the bank, and it's annoying for you, and it's really troublesome to borrow money.

The advent of credit reporting has made it easier for banks to know your credit status: they hand over the credit information they have about you to a special agency to compile and compile a credit file (i.e., personal credit report) for you, and then provide it to each bank for use. This kind of activity of sharing credit information between banks through third-party institutions is credit reporting, in order to improve efficiency, save time, and get things done for you quickly.

With the intervention of the credit bureau, with the credit report, when you borrow money from the bank again, the bank loan officer can check your credit report with your consent, and then take a moment to focus on verifying some questions, and then quickly tell you whether the bank provides you with a loan. The bank saves trouble, you don't have to worry. In China, the Credit Information Center of the People's Bank of China (hereinafter referred to as the Credit Information Center) is a specialized institution that establishes your "credit file" and provides personal credit information to commercial banks.