The importance of personal credit reporting!

People can't stand without faith, and business can't prosper without faith. Parents and schools have been educating us to be honest since childhood, and honesty is also the most basic ethical value demand of society. In today's society, with the increasingly complex exchange relationship, the market participants' demand for honesty is increasing. Not only economic activities need honesty, but also political activities and spiritual and cultural activities need honesty. Speaking of credit, everyone should think of credit cards, because credit cards are credit services based on trust. Today I will tell you about the importance of personal credit reporting!

What is the use of credit?

Everyone has heard of the famous Pheko. In America, it affects all aspects of people's lives. Ran a red light, did something bad, and maybe even got a loan to go to school. Speaking back to China, due to the long-term lack of credit education, everyone is relatively indifferent to credit. Running a red light, cheating on the guarantee, and swiping the bill seem to be nothing serious. If it is discovered, it will not affect other aspects. So, we are all doing bad things in secret, but it doesn't matter.

But does it really make no difference? Of course not. Have you ever heard a joke, "A buddy is going to attend a wedding in the United States. If he doesn't have a suit, he will go directly to the store to buy the best one and return immediately after the wedding." Why is this happening? You have credit! Do you find it always troublesome to exchange goods between JD.COM and Tmall? It takes a long time to talk to you, but Amazon generally trusts users more. This is the role of the credit system. When there is no complete credit system, merchants can only choose "distrust" to avoid risks, and what is lost here is all of us.

What convenience can credit bring us?

Convenient government affairs: You can directly apply for a Schengen visa (26 countries in Europe) with a sesame credit score of more than 750 points, knowing how troublesome it was before.

Free of deposit: If your credit is good, you can enjoy hotel reservation, book borrowing and car rental without deposit.

Lending: In the future, microfinance will flourish with the popularization of credit.

Worry-free consumption: fast refund and convenient return. If credit is more valuable than money in the future, businesses will not be afraid of cheating.

Social card: "Ah, your credit is so low. See you on blind date later". When buying and selling second-hand products, "the other party's credit is so high that the second-hand products are of course trustworthy."