Reported 12 months ago
Legislators suggest that if violations are found in new Xin Qing'an housing loans, credit annotations should be made at the Credit Information Center, with the Ministry of Finance promising to discuss adding records to curb misuse. Public banks warn that annotating misuse of Xin Qing'an housing loans could affect future loans and credit card applications. The Ministry of Finance will review the high-risk cases of 1,700 Xin Qing'an housing loans and discuss with the Financial Supervisory Commission on whether to add records at the Credit Information Center to prevent abuse and maintain the original intention of the loan.
Source: YAHOO