The loan has not been paid off, but it has been received. What do you mean, your account has been settled?

I. The loan has not been paid off, but it has been received. What do you mean, your account has been settled?

If it is China Merchants Bank, you can check the details by calling the customer service card if you have any questions.

Second, what do you mean by credit settlement?

The "settlement" in the personal credit report means that the personal loan has been paid off and there is no debt. For the credit business during the normal account opening period, the Credit Information Center will update it every month. However, after the credit business is closed or settled, its information will not be updated. If the information in the personal credit report is incorrect, there are two ways to deal with it: first, bring the original and photocopy of valid identity documents and personal credit report and file an objection application with the local branch of the People's Bank of China; Or directly contact the bank that handles banking business.

Third, my online loan has not been paid back. What happened to the settled credit report?

At present, many loans are on credit, and many friends are overdue. When they checked the credit, they found that they had been settled. I think it's strange. Why did it become settled when there was no repayment? Does this mean that they don't have to pay back the money?

Why hasn't the loan been repaid?

In fact, this situation is not because the credit report is wrong, but because the unpaid loan was compensated by the insurance company. Many loans cooperate with insurance companies. Insurance companies provide repayment guarantees for lenders, and lenders borrow money to buy insurance. After successful insurance, the insurance company will pay the principal and interest owed by the lender to the loan company in one lump sum.

After the loan company recovers the loan, the loan contract is terminated and the loan relationship between the two parties ends. Then the loan company reports to the central bank for credit information, and the loan status in the credit information report will show that it has been settled.

Do I have to return it?

It must be repaid, but the creditors have changed. Credit information shows that the loan settlement will be accompanied by compensation records. The contract between the borrower and the loan company has been terminated, but the contract with the insurance company has come into effect. Debt has changed from a loan company to an insurance company, and the lender needs to return the money to the insurance company.

If the consequences of non-repayment are serious, in a set of words, it is "insurance compensation, and credit information is black for life." If you don't repay the loan for one day, your credit will be with you for a lifetime. If you want to apply for a bank credit card or loan, you are directly rejected. The important thing is that the interest will still roll down day by day after compensation, and it will get bigger and bigger.

I don't want this to happen. I suggest contacting the insurance company for repayment as soon as possible. Not so much for a while. See if we can negotiate repayment. After the payment is completed, the insurance company can modify the credit information, and after the payment becomes overdue, the credit can be restored in 5 years.

If you are not sure about your online loan record, you can get the online loan big data report in Yingxin.

Extended data:

What do you mean by credit card?

Credit card exchange means that it is difficult for the cardholder to repay after using the credit card. At this time, he can find a third-party organization to make compensation, so as to avoid the situation that the credit card cannot be returned on time, but using a third-party organization to make compensation requires a certain handling fee.

When users seek reimbursement from a third-party organization, it is best to find a formal organization to avoid being deceived. It should be noted that the third-party organization needs to brush out the returned amount on the spot after repayment, and it can only be done after the account is received, otherwise the user will not be able to return the credit card arrears.

If an individual can't find a third party to repay the credit card, he can use the installment repayment or the minimum repayment amount that comes with the credit card. These two repayment methods can effectively reduce the monthly repayment amount, but users need to pay a certain fee. The more installments here, the more expenses.

When the user repays by installment or the minimum repayment amount, the credit card limit will be occupied, which will be affected when using the credit card for subsequent consumption. However, when individuals have spare money, users can pay off their debts in advance, which can save the expenses of handling fees and help them continue to use credit cards in the future.