Huabei responded to the central bank’s credit reporting system: normal use will not cause loan difficulties, beware of fraud

According to news on September 22, regarding the fact that Huabei will be fully connected to the central bank’s credit reporting system, Huabei officially responded to netizens saying: Under normal circumstances, use Huabei normally and maintain good usage and repayment habits. , the financial services you obtain will not be affected, nor will it cause difficulty in getting a loan. Please rest assured.

Huabei explained in the announcement that if repayments are not made on time, overdue records will be included in the credit reporting system, and long-term and multiple overdue behaviors will have a negative impact when banks evaluate user credit.

Huabei said that it also wants to remind everyone to beware of various types of fraud in the name of credit reporting. Huabei will not call you for credit reasons, nor will it ask you to pay or transfer money. Any claim that you can "fix" your credit report for a fee is a scam, so please don't fall for it.

As for the reason for connecting to the central bank’s credit reporting system, Huabei explained that Chongqing Ant Consumer Finance Co., Ltd. (hereinafter referred to as “Ant Consumer Finance”), to which Huabei belongs, is a bank that is parallel to and accepted by banks. The service record information of licensed financial institutions supervised by the China Insurance Regulatory Commission must also be included in the credit reporting system like bank credit information.

In accordance with the credit reporting work requirements, the relevant records submitted by Huabei to the credit reporting system include the account opening date, credit limit, limit usage and repayment status, etc.

In terms of reporting frequency, Huabei’s information is summarized and included in the credit reporting system on a monthly basis. It will not be submitted individually, nor will specific consumption information such as consumption content and consumption time be reported. (Text | AI Finance Society Pei Yan)