"Will it be affected by borrowing at night on the Internet?" A question like this may be bothering many newcomers. After all, network lending has gradually become an important means of meeting our financial needs. First, we want to understand that network lending is the way we borrow from lenders through web platforms. Let's talk about the impact of submitting a loan application at night。

What's the impact of Internet lending at night

Network lending usually allows us to apply at any time within 24 hours, so there is no negative impact on submitting a loan late in the night. Note this “most” - if your network loan is a system audit and loan, then you might get it soon after the application. If, however, the loan is manually approved and loaned, then you have to wait until working hours before someone can process the loan for you. Usually, whether a system audit or a manual audit is clearly indicated in the product description, so if you intend to apply for a loan in the morning, you recommend the selection of the system audit and loan product。

So, would multiple applications for network loans affect credit ratings? The answer is yes. Mainstream lending platforms are already connected to the central bank's credit system, so if you don't make the payments on time, network lending does affect your private credit rating. In fact, there are several levels of impact:

1. Frequent loan applications: The record of the loan review may compromise your credit rating, while applying for multiple network loans will increase your debt ratio. These will be reflected in the credit ratings, which have an impact on your private credit ratings。

2. Overpayment: If you apply for a network loan but it is not yet due, late records may have a negative impact on your personal credibility, affecting your future mortgage, car loan and credit card applications。

Good repayment record: If you have a good repayment record for a network loan and do not apply for more than one network loan at the same time, a good repayment record for a network loan can accumulate your personal credit, which will help your future loan business。