If the credit card is paid in installments, each installment will be calculated as a liability. If you apply for a mortgage from a bank, the bank will analyze the borrower's repayment ability through the income proof materials provided by the borrower and make a comprehensive score through the banking system. If the debt is too high and the score does not reach the passing line of the bank score, the bank will refuse to grant credit. Of course, it doesn't matter if you have a high income and good credit. If the credit card is overdue, the impact will be even greater. The impact is that it will not affect the issuance of mortgage loans, but it will affect the loan amount. The reason is:
1, the loan should be checked for credit information, mainly whether the mortgage, car loan and credit card are overdue, and installment payment will not affect the loan. If your credit card can be repaid on time in each installment, it is not overdue, the consumption is normal, and there is no credit problem, then the credit card installment will not affect your credit card loan.
2. When applying for a personal housing mortgage loan, the applicant must have a stable income, good credit and the ability to repay the principal and interest of the loan in addition to having relevant purchase contracts and agreements and being able to pay the down payment of the purchased house. When applying for a mortgage, it is particularly important to inquire about personal credit reports. If the personal credit card has a bad credit record for a long time and the debt is high, it will also affect the application for mortgage. Moreover, banks applying for mortgage will have other requirements, so whether they can successfully apply for mortgage needs to consult local banks.
Therefore, if you don't want to cause credit damage and affect the loan, don't overdue it. Even if the funds are insufficient, the minimum repayment amount should be paid off first, and consumption should be made without affecting the credit card records, and excessive consumption should not be allowed. Its impact will not affect the issuance of mortgage loans, but it will affect the amount of loans. If there are overdue or excessive online loan records, it will affect the credit information. Loans and other things will have an impact in the future. It is suggested to settle debts or keep repayment records.