The credit card is overdue for two months, and the credit report will have an impact on the home loan.

Overdue credit cards will indeed be subject to credit reporting, which will tarnish personal credit. When banks review personal loan qualifications, they will consider whether to approve a loan based on personal credit reporting. If there are too many overdue times and you never repay, then the mortgage loan is likely to be rejected by the bank. However, if there are fewer overdue times, the overdue amount is low, and it is replaced quickly, it will not have much impact on the application for a mortgage. .

The concept of overdue repayment

Generally speaking, each bank will charge a certain amount of interest for overdue repayment. Each bank is different, usually an interest of 0.05%. . However, the interest accrual date is calculated from the date of consumption, not the date after the final repayment date.

It is recommended that if the entire limit is not met, you can pay the minimum repayment amount first, which will not affect your credit limit. At the same time, there will be a buffer period to facilitate the bank to understand the capital flow of your account in a timely manner. Freeze the account!

When a credit card (credit card) holder chooses the minimum repayment method or uses the card beyond the credit limit approved by the card-issuing bank, he will no longer enjoy the interest-free repayment period and must pay the unpaid portion of the loan. Overdraft interest calculated based on the prescribed interest rate from the bank accounting date.