Is Douyin’s monthly payment subject to credit reporting?

Does Douyin pay a monthly credit check? This is an issue that many netizens are concerned about. Next, the editor of PHP will bring you an introduction to whether Douyin monthly payment will be subject to credit reporting. Interested netizens should follow the editor to take a look!

Introduction to whether Douyin monthly payment will be submitted to the credit report

1. Douyin monthly payment is a model of consumption first and payment later, which does not involve borrowing or lending. Will go directly to the credit bureau.

2, If a user commits a breach of contract such as overdue repayment, the platform may report bad records to the credit reporting agencies, affecting personal credit reporting.

3. Therefore, when using Douyin monthly payment, you should pay attention to repaying on time to avoid negative impact on your credit report.

The above is the detailed content of Is Douyin’s monthly payment subject to credit reporting?. For more information, please follow other related articles on the PHP Chinese website!