Why does loans overdue appear on my personal credit report?
There are many situations that can cause bad credit information, mainly because loans, credit cards, leases and other items are not fulfilled according to the agreement, which has a negative impact. Here, Brother Qian will tell you what will cause bad credit information.
1. Overdue credit cards
Most of them have bad credit records because of overdue credit cards, and some credit card holders have bad credit information because of such a small amount of money. In addition to not paying back on time, there are several other situations that can also lead to bad credit card credit reporting: the first is that even if the credit card is not activated, there will be an annual fee. If the coffee is not returned on time, or the repayment amount changes due to the adjustment of bank interest rates, there will be bad credit reporting. Second, the cardholder of the supplementary card has to bear the credit problem if he fails to repay the loan in time.
Second, to help students in loans overdue
Of course, there are also a few people who have bad credit information because of their employment in loans overdue. One situation is that students have no awareness of maintaining credit information, and the other is that they are under great employment pressure and have never been employed.
Third, guarantee for others
Some people ask others to guarantee because of their feelings. If the borrower fails to repay the loan in time, the guarantor's credit information will also be implicated. Therefore, it is a matter of borrowing money. If you don't trust the borrower, don't be afraid to vouch for her.
Common reasons why bank loans are rejected at the end of the year
Many people are rejected when they apply for bank loans. There are many reasons, such as loans overdue and poor personal credit. Today, let's summarize the common reasons why bank loans are rejected at the end of next year.
1. Overdue loans or credit cards
There are many behaviors that cause overdue: for example, overdue repayment of credit cards; The monthly mortgage payment is overdue or not repaid; Or apply for a student loan during college, and fail to repay the loan on time after graduation. Some individuals do not understand the provisions of the bank's repayment date, or the bank does not inform individuals when the expected annualized interest rate of the loan is adjusted or the repayment date changes.
In addition, if the "Sleep Credit Card" is not activated, it may generate an annual fee, and if it is not paid, it will generate a negative credit record. There are also some defaults in daily life, such as not paying electricity bills on time, which will also be blacklisted.
2. Personal debt is too high
Generally speaking, if personal debt is too high, the repayment ability will be greatly questioned. Generally speaking, a family's total income must be at least twice the debt before the bank can agree to lend money. Before the loan, the borrower must reasonably evaluate the approximate amount that he can be approved according to the income-liability ratio stipulated by the bank. However, different banks have different provisions on the ratio of income to liabilities, so they can conduct multi-party consultation and comprehensive consideration.
3. The credit report has been inquired many times
The more the credit report is inquired, the more difficult it may be to get a loan.
If the credit report has been inquired by different banks for many times for reasons such as loan and credit card approval within a period of time, but the records show that you have not obtained a new loan or applied for a credit card, it means that you may be short of money, but your credit status is not good, and such information may have an adverse impact on your obtaining a new loan or applying for a credit card.
4. Bad personal or spouse credit
Your marital status will be clearly shown on the credit report. When applying for a loan, if you are married, the bank generally needs to review your spouse's credit history in addition to your information and credit. One party's bad credit record is likely to lead to the failure of the other party to apply for a loan.
what are the overdue mortgage credit cards?
one is that the credit card is overdue only once or twice. Generally, such banks will not refuse to lend, but may raise the loan interest rate appropriately.
the other is that the credit card is overdue for three consecutive times or six times in two years. Generally speaking, banks will refer to the number of overdue loans in the past two years when approving mortgage loans. Under normal circumstances, if one of the husband and wife fails to repay the loan three times in a row or six times in total, they will not be able to get a loan.
Among them, three consecutive overdue repayments mean, 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.
is it necessary to get a loan when the credit card is overdue?
Is it true that you can't get a loan if your credit card is overdue? Actually, it's not absolute. For example, the bank is willing to issue a "non-malicious overdue certificate" for you. If you have such a "customs clearance document" in hand, your loan road may not be so difficult.
similar to the above case, after learning about the overdue situation, Xiao Song quickly contacted the issuing bank and took the initiative to pay the arrears, and clarified that he was unable to know about the overdue of the annual fee payment notice after changing his mobile phone. After the investigation by the issuing bank, it was true, and finally a "non-malicious overdue certificate" was issued to Xiao Song. With this certificate, Xiao Song's loan application was also approved.
The circumstances that can be regarded as "non-malicious overdue" are as follows:
1. The business is handled by a third party, but the third party fails to repay the loan on time as agreed in the contract, resulting in overdue.
2. After buying a house with a personal loan, the developer returned the personal down payment for various reasons, but the loan was not settled in time, which caused the overdue.
3. The individual sells the mortgaged house, but fails to refinance it, and the overdue caused by the buyer's failure to repay on time is still recorded in his own name.
4. The unit fails to pay the provident fund in time, resulting in the failure to repay the personal provident fund loan in time.
5. Because individuals don't understand the provisions of the repayment date of the bank, or the bank staff didn't clearly inform the repayment date, or the bank didn't inform individuals when the loan interest rate was adjusted or the repayment date changed? As a result, the individual failed to repay the loan in time as agreed in the contract, resulting in overdue records in the personal credit report.
6. The credit card has not been received or the credit card has not been activated, but the annual fee has been incurred, resulting in overdue.
In fact, the responsibility for overdue is not your own. In banks or third-party institutions, this kind of non-malicious overdue certificate is relatively easy to open. On the contrary, you have to take your chances.
loan period: the loan period for a first-hand house is 3 years, and that for a second-hand house is 2 years. At the same time, the loan period plus the applicant's age should not exceed 7 years.
loan interest rate: the benchmark interest rate of the first home loan for more than five years is 6.55%, and the interest rate of the second home loan is 1.1 times higher than the benchmark interest rate, that is, 7.26%.
Ways
There are three ways of housing loans, namely, bank commercial loans, provident fund loans and portfolio loans.
guarantee fee
in order to avoid mortgage risks, ordinary banks need borrowers to provide guarantee certificates from legal persons, other economic organizations or natural persons with sufficient compensation capacity. If you can find friends or relatives who are willing to provide guarantees and have financial strength, they can issue a written document and credit certificate for the bank. If you can't, you need to go to a professional guarantee company to provide a guarantee. At this time, the fee paid is the mortgage guarantee fee.
what is loans overdue, the mobile banking of BOC?
loans overdue, Personal Mobile Bank of Bank of China:
loans overdue usually refers to the phenomenon that after the loan expires, the borrower fails to return the loan principal and interest to the bank that issued the loan according to the loan time limit agreed in the loan contract without going through the relevant extension or lending, thus causing the loan to exceed the agreed time limit.
Tips:
1. Only the overdue information of this loan account can be found in the overdue information query, but not the returned information.
2. The accumulated overdue interest includes penalty interest.
the above contents are for your reference. please refer to the actual business regulations.
How to write the reasons for overdue
loans overdue's explanation. There is no fixed format. Just explain the situation and the situation of borrowing before and repaying the loan when overdue. The reference format is as follows:
I () applied for a loan with a line of () at () bank on () on (). Due to (), I failed to repay the loan on time. Through this loan, our company understands the importance of credit record, and knows that the credit impact it has caused cannot be compensated. I promise to pay off the loan on time next time and maintain a good credit record.
from here! Borrower: MM DD YY < P > The overdue reason may be that the income is reduced due to the change of work, and the repayment cannot be made; Family members or borrowers are dead or missing, and there is no repayment; If the developer delays the delivery of the house, delays the processing of the property right certificate, or there are serious quality problems in the purchased house, the purchaser will plead by refusing to repay the loan; Some borrowers have little legal awareness and deliberately default on loans; Due to work reasons, I have been unable to repay the loan in time in the field for many years.
provide several methods to prevent overdue repayment.
first, read the contract carefully.
when signing a contract, we must read the contract carefully. First, we must read the repayment date at the first time, and we must remember our own repayment date. Secondly, we must read the fine information carefully and understand it properly, so that we can effectively avoid overdue. Repay on schedule.
second, make repayment by associating your commonly used bank card.
Most people forget to repay the loan instead of being unable to repay it, so they can choose to associate their own bank cards and let the system automatically deduct the money. At the same time, they can fill in 2-3 days in advance on the repayment date, so as to avoid overdue due to transfer.
third, apply to the bank to extend the loan time.
If you happen to have problems with your own time, I suggest you contact the bank to explain your situation and whether you can apply for long-term repayment, so as to avoid high penalty interest.
fourth, as far as possible, let the bank remind the repayment by sending text messages.
5. Choose a responsible financial service company to help you with the loan, so that your financial advisor will help you remember the repayment date and remind you to make the repayment.
how to write the reasons for overdue credit cards is better
The reasons for overdue credit cards must be true. The overdue content of credit card should mainly explain the reasons for overdue, and promise that there will be no overdue behavior in the future. The content must be true and sincere, and express your determination to repay on time in the future.
there are also some external force majeure factors that cause repayment failure, which can also be omitted from the credit report, such as temporarily going abroad, network equipment damage, communication interruption and other force majeure factors that prevent repayment on time.
generally, the explanation of overdue credit cards is to prove that the credit card holder has no malicious arrears. Especially when the cardholder is faced with financial events such as housing loan, the overdue of the original credit card will affect the cardholder's loan interest rate and quota, and even determine whether the cardholder can borrow money.
The main purpose of writing the reasons for the overdue credit card is to prove that the credit card holder has no malicious arrears, otherwise, in the future, when the cardholder faces financial events such as house purchase loans, it will often be deeply affected by the overdue credit card.
If the credit card repayment fails due to the bank, this record can be revoked. Common banking problems include: settlement errors in the banking system, delay in bank transfer transactions, failure of the bank to issue credit card bills, failure to deduct fees for signing up for automatic repayment, or failure to see bills due to operator problems.
under normal circumstances, the credit card cannot be used immediately after it has been paid off, because the issuing bank will re-evaluate the credit and financial ability of the cardholder for a period of time, and the credit card can continue to be used normally after it has been approved.
if the cardholder has some special circumstances, it is not due to the cardholder's personal subjective will, but there is still a chance to remedy it. After timely repayment, the cardholder actively contacts the bank, gives the reasons for overdue, and waits for the bank to make the investigation results. Of course, credit cards can't be used during the investigation, but it will be better than malicious overdue.
under normal circumstances, the bank will not directly agree to the cardholder's application, so the cardholder needs to take the initiative to negotiate with the bank. There are some skills that cardholders need to master when negotiating: for example, during the negotiation process, they should clearly explain to the bank that they are temporarily unable to repay, so as to tell the bank that they did not intentionally overdue, but that their lives had an accident.
so much for the introduction of loans overdue's reasons.