If it is recorded in the credit report that you have borrowed money and failed to pay it back, the bank must be careful when considering whether to provide you with a loan. The bank is very likely to let you provide mortgage, guarantee, or reduce the loan amount, or raise the loan interest rate, or refuse to lend you a loan. The following small series gives you a detailed introduction to credit information, hoping to help you!

There are two kinds of influences on the cardholder's application for mortgage:

1. The mortgage interest rate will be raised or the loan percentage will be reduced

If the cardholder has one or two overdue credit cards and the overdue amount is not large and will be returned in a short time, the bank will still be willing to issue loans for him, but the loan interest rate will be raised or the approved loan amount will be lowered.

2. The mortgage application is rejected

If the cardholder fails to repay the loan three times in a row or six times in total within two years, he will not get the mortgage loan. The meaning of three consecutive overdue repayments is that, for example, the repayment period of a sum of money is one month, and it has not been repaid for three consecutive months; The cumulative six times means that it is overdue once, returned, and overdue again, and this happens six times.

so how can I get a loan to buy a house after my credit card is overdue?

According to the severity of overdue credit, it can be roughly divided into the following two situations:

1. Only one or two credit cards are overdue

Generally, such banks will not refuse to lend, but may raise the loan interest rate appropriately, which is the first situation mentioned above.

property buyers can ask more banks, because if the mortgage interest rate of real estate cooperative banks is favorable, they can enjoy preferential treatment when applying for loans in some banks, so choose the one with the lowest interest rate.

2. The credit card is overdue for three consecutive times or six times in two years

Generally speaking, banks will refer to the overdue times of individuals in the past two years when approving mortgage loans. Under normal circumstances, if a husband and wife are overdue for three consecutive times or six times in two years, they will not be able to obtain loans.

if the applicant can provide evidence of unintentional overdue, some banks may be lenient. For example, some people just forget to use the card after opening it, only owe the annual fee, and some need to go to the head office to issue a certificate that only owes the annual fee, so they can still apply for a mortgage. There are also some banks, if the amount is not large (generally below 5 yuan), to issue a non-malicious overdue certificate to increase the down payment, or the bank needs you to deposit tens of thousands of dollars, get a certificate of deposit for the bank, and then you can apply for a mortgage.

it is worth mentioning that if the cardholder forgets to repay, he/she should apply for timely repayment. Time-sensitive repayment refers to the cardholder's repayment within three days after the latest repayment date, which can be counted as timely repayment, and the overdue will not be recorded in the personal credit record. If the cardholder repays the loan after the time allowed by the bank, he should immediately submit a "non-malicious overdue certificate" to the bank and apply for cancellation of the overdue record. It is also feasible, provided that the amount is not too large.

usually, bad credit records will be retained by the central bank's credit information center for 5 years, and will be deleted after 5 years. However, once the credit stain occurs, even if it is unintentional, it will not be eliminated within 5 years, so I remind you to pay attention to your credit record.

(The above answer was issued on January 18th, 217, and the current relevant housing purchase policy should be based on the actual situation)

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