It will not affect the credit information, because it is not overdue, but it should be noted that if the cardholder fails to repay on time after applying for installment repayment, it will affect the personal credit information. In addition, it should be reminded that applying for credit card repayment will affect the personal quota and you need to pay a certain installment fee. Paying back on time will help increase the limit of your credit card and help you get a loan from the bank in the future. Credit information will also record your bad repayment records and default records. If you haven't repaid your credit card within the grace period, then this will definitely be reported, which will affect your credit.

1. Can the deadline be extended?

Each lending institution has different ways to deal with overdue reserves of users. Some lending institutions will report to the credit bureau one day after the user is overdue, while others will report to the credit bureau a few days later, because some lending institutions can apply for an extension for the user. Whether it can be postponed requires the borrower to know clearly from the lending institution. If there is no extension, it is necessary to pay off the arrears on time to avoid damage to the credit history.

Second, pay attention to the repayment record.

The lending institution delayed processing and failed to report to the credit reporting agency. Although there will be no bad credit records, having overdue records in the lending institution will also affect the difficulty of applying for loans in this lending institution next time. Moreover, some lending institutions will share the credit records of loan customers, and it will be more difficult to apply for loans in lending institutions.

Third, determine the cooling-off period.

Only a few lending institutions classify loans overdue as the borrower's overdue days, and generally more than 90 days will be regarded as malicious overdue; After 120 days, legal protection will be taken; Loans overdue, within 20 days, as long as the borrower actively cooperates with the lending institution to pay off the debt as soon as possible, the lending institution will decide the severity of overdue, and then decide how many days to freeze. After this freeze period, the borrower can reapply, but it still depends on the user's comprehensive score.