Does the credit card affect the housing loan?

It doesn't affect the mortgage. The credit card limit will not affect the mortgage and the mortgage limit, but if the credit card has bad credit conditions such as overdue, it will affect the mortgage.

consequences of overdue

1. liquidated damages, generally the minimum repayment amount, are 5% of the unpaid part.

2, high interest, and it is a rolling interest, and interest is very scary when there are many debts.

3. The overdue period will stain the credit record, which will lead to the inability to handle financial needs such as house purchase and loan in the next two years.

4. If it is overdue for more than 3 months and the amount exceeds 1,, the bank has failed to make several reminders, and it will not only pay back the money, but also bear criminal responsibility.

The factors that affect the mortgage are as follows

1. The nature of your job

The nature of your job often reflects your income level and income stability. Banks tend to prefer high-income, stable and high-level industries, and prefer central enterprises, state-owned enterprises and Fortune 5 companies. For example, civil servants, educators, doctors, monopoly industries, etc.

Second, the bank has less running water

If the bank has less running water or less effective running water, the bank will think that you lack "repayment ability". The definition of "effective flow" is very important. "Booking on the same day, taking out on the same day" and "lump sum transfer in, lump sum transfer out" are definitely invalid running water.

Third, the credit card is overdue

When using the credit card, you must pay attention to it, and the repayment should not be overdue! At the same time, utilities, property fees and mobile phone charges are also included in the list of certificates.

iv. frequent inquiry of credit report

don't inquire about credit frequently, especially entrust relevant financial institutions, such as banks and lending companies. As long as it is inquired, it will be recorded in the credit report. As long as there is an inquiry record of the credit report, the bank is likely to think that there is a history of "loan".

V. Excessive debt

Your debt situation will be shown in the credit report, such as credit card installment, car loan, part, etc. Excessive debt will make the bank demand that your income will also increase.

VI. Situation of the house purchased

The house you bought is also an important basis for banks to consider lending. Generally speaking, banks are more cautious about smaller and older houses.

Extended information

What are the precautions for handling loans

Use products such as credit card installment and "flower bud" installment with caution

Credit card installment is similar to "flower bud". In fact, this is a loan behavior. The first is that it will increase the number of your credit inquiries. Second, this is also your debt, and the bank will think that your consumption habits are not good. Third, these "convenient" installment services are likely to cause you to forget to repay.

Use credit cards appropriately to accumulate "honest capital" for yourself. Credit cards and other loan products are not used well, which is called black households, which have never been used at all, and that is called white households. No matter "black households" or "white households" are not high-quality customers for banks.

Healthy use of credit cards is also an act of accumulating "impression points" on banks for future loans, and it is also an act of "saving character".