The loan process, especially on the web-based lending platform, has become more problematic. In the past, as long as you're not overdue, the probability of a loan is very high. But now, not only do you need a good reputation, but you can't have a big data conflict, otherwise your loan may be rejected. Even if the loan requirements are met, you may end up being rejected according to the strategy of giving priority to the loan. So, is the rejection of an online loan application affecting your credit? Actually, it's not as bad as you think

Would the failure to apply for an online loan affect the letter? It's not as serious as you think

In fact, web-based lending products may indeed affect your credit, but that impact is not exactly what you think it is. Some of the web-based lending products need to look at your credit qualifications in order to reduce their risk. If you have, for example, a overdue irregularity on your credit, this may result in your application being rejected. In the process of using such loan products, there is also a corresponding credit defect if the loan product is overdue. This is the main link between web-based lending products and credit. But this result is not too relevant to the usual application process. Therefore, even if your online loan application was rejected, it would have no negative impact on your credit. But if you apply for too many Internet lending products in a short period of time, this will have some effect on your credit, leading to data conflicts, and thus on applications for other loan products。

Maybe you need to be more concerned about why your loan application was rejected than it was on the Internet. If your credit situation is poor, that may be why. If you don't solve these problems, your application for loans to other products may also be rejected. Of course, not all online lending products will look at your credit in a loan review. For those products that do not look at the credit, whether or not your application is approved, it will not affect your credit or leave any trace on your credit record. So you can apply. However, in the context of web-based lending products themselves, the current financial markets are very sensitive and there are many problems. So you need to think carefully before you use it。

With regard to the issue between Internet lending and credit, this concludes our business for today. If there is anything else you don't know, we can be consulted or consulted at any time。