The piggy bank loan cannot obtain credit information.

I'm going. On February 25th, 2020, the piggy bank announced that it had officially finished uploading the credit data of China People's Bank. This means that the piggy bank has been fully connected to the central bank's credit information system, and the credit information of all borrowers will be submitted to the central bank's credit information system more timely, accurately and comprehensively, and will be reflected in the credit information report. When choosing small loans, we must choose formal and qualified ones to prevent usury and disputes in the later period.

Definition of microfinance:

Microfinance is a comprehensive consumer loan with individuals or enterprises as the core. The loan amount is generally more than 6,543,800 yuan and less than 200,000 yuan. The treatment process generally needs to be guaranteed. Microfinance is an extension of microfinance in technology and practical application. There are also personal micro-loans for office workers, generally ranging from 1 1,000-50,000 yuan. Most of them don't need mortgage, but the credit and information review is strict.

Introduction to usury:

According to the Decision on Amending the Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases (adopted at the1809th meeting of the the Supreme People's Court Judicial Committee on August 8, 2020, and implemented on August 20, 2020), if the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people's court shall support it, but if the interest rate agreed by both parties exceeds the quoted rate in the one-year loan market when the contract is established. For example, for a usurer with a monthly interest of 4 points, the loan amount is 654.38+ 10,000 yuan, and the interest of 654.38+0 months is 654.38+000000 * 4% * 654.38+0 = 4,000 yuan.

Definition of credit report:

Credit investigation is an activity of collecting, sorting, saving and processing the credit information of natural persons, legal persons and other organizations according to law, providing credit reports, credit evaluation and other services to help customers judge and control credit risks and conduct credit management. Credit investigation is a professional and independent third-party organization that establishes credit files for individuals or enterprises and provides a platform for professional credit investigation organizations to share credit information.