if the loan is overdue for one month, the borrower will not only face overdue interest and be collected by the lending institution, but also affect his personal credit information. If he fails to repay the loan for a long time, the situation will be serious and he may be sued by the lending institution.

1. It will affect personal credit. Because personal credit is tainted, it will have an impact on individuals' future application for credit line, and it is easy to be rejected if they want to apply for credit card withdrawal.

2. credit card installment, temporary limit, etc. all need to be applied. If there is any overdue situation, it is easy to be rejected if it needs to be phased or temporary.

3. Personal credit is tainted, which will also cause difficulties in applying for a mortgage.

If you want to get rid of your overdue credit card records, you can't just change your mobile phone number or cancel your credit card. After the overdue record is generated, the best way is to continue to use this card. After overdue, continue to use this card and overwrite the original negative record with a new repayment record. After 24 months, a new credit record will be generated, and personal credit will not be affected after the record is refreshed.

article 16 of the regulations on the administration of credit reporting industry: the retention period of personal bad credit by credit reporting institutions shall be five years from the date of termination of bad behavior or events, and it shall be deleted if it exceeds five years. The records displayed by bad credit cards only show the records of the past 24 months.

if the overdue record of personal credit card is long and the overdue situation is serious, and it is overdue for three consecutive months or accumulated for more than six times in two years, it is impossible to apply for loans or credit cards in the bank.