Joke Collection Website - Public benefit messages - Will the credit report be updated after the epidemic in 2022?

Will the credit report be updated after the epidemic in 2022?

Yes.

Old version of credit report: It takes a month or more for the credit report to be updated.

New version of credit reporting: All institutions are required to submit data to the credit reporting center at collection time point T 1. The credit report is updated in a more timely manner (that is, collected on the same day and submitted the next day).

The update time of the credit report will be more timely, and the inquiry will be more convenient. The update time of the first generation credit report is relatively slow, as long as a month or even longer. The second-generation credit reporting system collects information on the same day and can submit it the next day. The credit reporting system will be comprehensively upgraded from January 1, 2022, from the first-generation credit reporting to the second-generation credit reporting.