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Is there a credit report on Utrust Finance?
Whether Utrust Financial will be listed on the credit report depends on whether the lender reports the credit report. The U-Trust Financial Platform is only responsible for matching the information of borrowers and lenders and providing a platform for facilitating loans, while the transaction funds between lenders and borrowers will be directly deposited by Xinwang Bank. If overdue repayment occurs in U-Trust Financial, U-Trust Financial will first provide repayment reminders and supervision through text messages, phone calls and other methods, and then arrange collection agencies or professionals at different levels to collect the debt. If the payment still cannot be collected, the platform will take judicial measures to recover the debt.
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