What do you mean, spent?

When you fail to apply for a credit card or loan in a bank too many times, or when you are inquired by a financial institution too many times, there are too many records in the institution inquiry classification generated under the inquiry record entry, which is the credit consumption data.

The reason for spending data is not only the query records generated during the application and handling of online loans, but also the lack of personal awareness of personal information protection. Do you usually see all kinds of loan invitation information and credit card self-help information on your mobile phone, thinking that you can just click the link? Xiao Ba Lu was also in the past: the bank sent a text message to invite a credit card, but the application was rejected. Is this routine? In fact, in addition to the information that the bank itself may not release, it will also add an inquiry record to your credit information in the case of failed application, which is very uneconomical for pure white households.

The reason why online loans make your report generate data is because many platforms choose to query your personal credit report according to the basic information you left behind to judge your qualifications and verify the information, because they have no reliable channels to collect customer information. Under the item of inquiry records, such records are classified as inquiries of financial institutions. When you fail to apply for the first online loan in a short time and apply for other platforms, under the category of "financial institution inquiry", multiple records will be generated in a short time. At this time, it is really the so-called "credit investigation". When you apply for other platforms, such records will make the platform think you are dangerous.