Does the cancellation of academic qualifications by stages have an impact on credit reporting?
No, when the student-origin student loan is cancelled, the student himself and co-borrower will transfer the student-origin credit student loan contract through the student-origin credit student loan contract of China Development Bank, which has no influence on their credit investigation. Moreover, due to the application for student-origin student loans, students are not responsible for the interest generated during their school days, and they have to pay it back after graduation.