What should I do if there are too many credit inquiry records? This is how it is handled

How to deal with too many credit inquiry records? The reason why the country introduced credit reporting is to reduce the probability of borrowers not repaying their loans. If a borrower is overdue, it will be directly recorded in the credit reporting system. However, some users are worried about problems with their credit records and often check their credit reports. So, how to deal with too many credit inquiry records?

If there are too many credit inquiry records, it is recommended that users do not check their personal credit within two years. What users need to know at present is that credit inquiry records cannot be deleted or disappear. Generally, credit inquiry records will automatically disappear within two years, and users need to refrain from applying for credit cards or loans within two years. If you really need to apply, it is recommended to apply after two years.

In general, for users with too many credit inquiry records, it is best not to check their credit or apply for a loan within two years. If it is an individual inquiry, there is generally no problem and it will not affect the bank's credit business. If it is an inquiry by a bank or other institution, it will affect the processing of various bank credit loan businesses. If there are too many inquiries but the approval rate is very low or zero, other banks will think that the applicant has credit problems.