Does inquiring about personal credit report affect individuals?

Too many "hard inquiries" will have an impact on applying for bank loans. The so-called "hard inquiry" refers to the inquiry records generated by the audit of customers' financing applications, such as credit card approval and loan approval. Some insiders suggest that you should not easily check the loan amount and try to reduce the application for credit card or internet micro-loan.

No matter whether individuals inquire by themselves or authorize others to inquire, too many times of credit inquiry indicate that customers have great potential debt pressure and high potential risks.

If, within a period of time, credit reports are inquired by different banks for reasons such as loan and credit card approval, but the records in the credit reports show that no new loans or credit cards have been obtained during this period, it may indicate that the information subject has applied for loans or credit cards from multiple banks but failed, and such information may adversely affect subsequent related applications.

The credit report is only used as a reference for bank lending, and whether to lend depends on the bank's comprehensive consideration of the customer's situation.

Extended data:

First of all, personal credit can be queried in two ways:

1. Bring my ID card to the local people's bank to print personal credit report, which can also be used to check personal credit information.

2. Inquire through China People's Credit Information Center official website.

2. Inquiring about personal credit reports is a service provided by the credit information center, so in principle, a certain fee is required.

Baidu Encyclopedia-China People's Bank Credit Information System