As the lover has love story, the borrower also has credit history. So what is credit history and its role? Let's find out with Mcredit.

Credit history is information of a borrower's use of funds, including but not limited to the following:

• Information of the customer's identity
• Information of credit relationship (Total outstanding balance, number of current credit institutions, history of credit card transactions, etc.)
• Other information: List of credit institutions that have looked up information about customers

Customers with bad credit history are customers who often don't pay or delay payment, leading to bad debt, overdue debt. Whether it comes from subjective or objective reasons, a bad credit history will greatly affect your reputation. Therefore, try to keep your credit history good to have an easier chance of applying for a loan.

If you have any questions that need further advice, don't hesitate to inbox Mcredit fanpage or call hotline 1900 63 67 69 for immediate answers. We are here, when you need.