An overdue credit card will have an impact on your mortgage loan application.

Details are as follows:

First of all, an overdue credit card will leave a bad record in your personal credit record. When banks review applications for home loans, they will evaluate the applicant's credit record to determine their repayment ability and credit status. Overdue records are considered bad credit and may affect the bank's approval of loan applications.

Secondly, an overdue credit card may have a negative impact on an individual's credit score. Credit score is one of the important indicators used by banks, financial institutions and lending institutions to evaluate the credit status of applicants. Once a delinquent credit card is recorded on a credit report, an individual's credit score may drop. A lower credit score will bring more risk to the bank, thus affecting the outcome of the mortgage loan application.

In addition, overdue credit cards may also have an impact on an individual's loan history. When banks review applicants for home loans, they usually look at their past borrowing records, including credit card bill repayments. If there is a record of overdue credit cards, the bank may think that the applicant is unstable in repayment, which will affect the approval of the mortgage loan.

To sum up, one overdue credit card will have a negative impact on your mortgage loan application. Overdue records may cause the bank to believe that the applicant's credit status is poor, the credit score will decline, and the lending record is unstable, thereby affecting the bank's approval of the mortgage application. Therefore, it is recommended that everyone repay the loan on time and maintain a good credit record to increase the success rate of applying for a mortgage loan.

Extended information:

In addition to overdue credit cards, other bad credit records such as overdue loans, arrears, etc. may also have an impact on applying for a mortgage loan. In addition, personal income status, debt situation, job stability and other factors will also affect the mortgage application. Banks will consider a variety of factors to evaluate the borrower's credit and repayment ability. Therefore, before applying for a mortgage, in addition to paying attention to your credit record, you should also pay attention to other relevant conditions to increase your application success rate. When banks and financial institutions review housing loan applications, they will conduct assessments according to relevant Chinese regulations to ensure that the risks of the loan business are controllable.