There are too many online loans. How to wash away the credit information?
1 Reduce the number of hard queries
Too many online loan applications are most likely to lead to credit problems, and it will take at least 3-6 months to recover. The recovery method only requires users not to apply for any online loans in these months. As long as there is no hard inquiry record for a long time, personal credit information will naturally recover.
2 Repayment on time
If you want to clean up the online loan records quickly, it is also necessary to repay on time. Paying off the loan as soon as possible and reducing the personal debt ratio will not have any impact on personal credit reporting. Too many loan records in the credit report will be considered as the risk of multiple loans, so it is recommended not to use loans to support loans when applying for loans.
It should be noted that there are many kinds of credit problems. Basically, only the credit information will be restored in a short time, and it will not be restored if the credit information is hacked. It will be deleted automatically after 5 years, and the premise of deletion is that the loan has been paid off. Most of the credit information is black because there are too many overdue records in the credit information, which cannot be recovered. Therefore, when applying for a loan, it is best to repay it in time to avoid any overdue records. An overdue record will affect personal credit for at least 5 years.