1. Will the overdue credit card of one spouse affect the loan to buy a house?

An overdue credit card of either spouse will affect the loan to buy a house.

Supplementary information:

If the overdue amount is not serious, you can still get a loan. But the premise is that the number of overdue payments is small and the overdue amount has been settled. Of course, if there are multiple overdue loans and the overdue amount has not been settled when applying for a loan, then the request for a mortgage will be rejected because the lending bank will feel that the borrower does not have a strong willingness and ability to repay. Lending money to this user carries corresponding risks.

Extended information:

You can get a loan if your credit report is overdue. It mainly depends on the requirements of the lending bank. Generally, you can get a loan to buy a house if you are overdue no more than twice within six months, and if you are not overdue more than three times in a row or more than six times in total within two years. When the above requirements are not met, it means that the loan is seriously overdue. In this case, the possibility of loan approval is very small.

It is recommended to postpone the mortgage application and find ways to repair your credit first. It is not too late to apply for a mortgage after your credit is repaired. For example, if the credit report is too "expensive", the customer should not apply for credit cards and loans in the next few months, so as not to generate more inquiry records in the name of "loan approval" and "credit card approval", making the credit report even more complicated. "flower". At the same time, remember to repay your previous credit cards and loans on time to avoid overdue records on your credit report. After a few months, if you apply for a mortgage, the loan success rate will be higher. And if there is an overdue record on the credit report, the customer will not be able to get a mortgage in a short time. Because once the bank finds that there is an overdue record on the customer's credit report during the review, it will most likely refuse to approve the loan because the customer's credit is problematic and the overdue risk is too great. You should know that overdue records on your credit report must be retained for at least five years before they can be deleted by the system. In this regard, customers can only maintain their credit and cover up the old bad records with new good records and improve their personal credit before applying for a mortgage. Only then can they successfully apply for a mortgage. At the same time, when applying for a mortgage, customers can also prepare more information on assets and financial resources, such as car driving licenses, certificates of deposit, etc. This can prove their financial strength and repayment ability, which is helpful for loan approval. , you can also find someone with good credit to guarantee your loan.

What are the advantages and disadvantages of buying a house with a loan:

1. Advantages of buying a house with a loan:

1. Buying a house with a loan, as the name implies, is based on the installment payment. It solves the trouble of preparing a large amount of funds in a short period of time and breaks down a large amount of funds into small repayments over time.

2. Of course, there is another big advantage of buying a house with a loan, that is, the down payment does not need to occupy a large amount of funds, the repayment time is long, and the limited funds can be used in other investments.

3. In addition, it is worth mentioning that the bank helps you check, after all, it is the bank that lends you money, so the bank is also particularly concerned about the quality of real estate projects. Of course, in addition to checking the credit of the borrower, the bank will also review the developer, not only to strictly control the quality, but also to improve the security of buying a house.

2. Disadvantages of buying a house with a loan:

1. Carrying debt and high psychological pressure: To buy a house with a loan, to put it bluntly, it means spending tomorrow’s money to do today’s things, so buying a house with a loan is conservative. It is not suitable for the type of person.

2. It is not easy to realize the loan quickly to buy a house: Since the loan is obtained through real estate mortgage, if you want to resell the house quickly, not only the procedures are complicated, but also it is not conducive for the buyer to exit the market.

2. Will overdue credit cards affect the mortgage loan

After we successfully apply for credit cards and loans, the repayment status will be recorded on the credit report, and will be represented by various symbols and numbers. Mark the repayment status, so if you know what each symbol and number means, you can basically understand whether there is any overdue record on the credit report. Please note that the same symbols and numbers for loans and credit cards may have different meanings. 1. Loan overdue record If any number from 1 to 7 is displayed in the loan details, it means there is an overdue record. Different numbers represent different overdue days.

“1”-indicates that the overdue days are within 30 days, that is, 1~30 days; “2”-indicates that the overdue days are more than one month, that is, 31-60 days; “3”-indicates that the overdue days are more than two months, that is, 61- 90 days; "4" - means the overdue days are more than 3 months, that is, 91-120 days; "5" - means the overdue days are more than 4 months, that is, 121-150 days; "6" - means the overdue days are more than 5 months , that is, 151-180 days; "7" - indicates that it is overdue for more than half a year, that is, more than 180 days; in addition, if the letters D/Z/C are also displayed, it may also indicate that there is a bad record, and it is more serious than the overdue degree. . 2. The credit card overdue record in the credit card details uses any number from 1 to 7 to represent the number of overdue times, not the number of overdue days. If you see any number, it means there is an overdue record. It should be noted that a credit card is overdue, which refers to the failure to pay the minimum payment. "1" - means overdue once; "2" - means overdue twice in a row; "3" - means overdue three times in a row; "4" - means overdue four times in a row; "5" - means overdue five times in a row; "6" - means overdue for 6 consecutive times; "7" - means overdue for more than 7 consecutive times. : Personal credit reporting refers to the activities in which personal credit reporting agencies established in accordance with the law collect and process personal credit information, and provide personal credit information inquiry and evaluation services according to user requirements. A personal credit report is a personal credit history record that a credit reporting agency collects in accordance with the law, processes and organizes it in accordance with the law, and finally provides it to legitimate information inquirers in accordance with the law. As of 2015, the database included a total of 870 million natural persons, of which 370 million had credit records. In May 2019, a new version of the personal credit report will be officially launched, and the duration and granularity of the credit report information will be further improved. On September 30, 2021, the "Credit Information Business Management Measures" were reviewed and adopted at the 9th executive meeting of the central bank in 2021 on September 17, 2021, and are hereby promulgated and will come into effect on January 1, 2022. Currently it is mainly used for various consumer credit businesses of banks. As the social credit system continues to improve, credit reports will be more widely used in various commercial credit sales, credit transactions, recruitment and job hunting. In addition, personal credit reports also provide the inquirer with a way to review and standardize his or her credit history behavior, and form a verification mechanism for personal credit information. Credit information 1. Basic personal information used to identify an individual and reflect personal family, occupation, etc.; 2. Personal credit information formed by credit relationships between individuals and financial institutions or housing provident fund management centers; 3. Individuals and businesses Personal credit purchase and payment information resulting from credit purchase relationships between institutions and public utility service agencies; 4. Public record information related to personal credit formed by administrative agencies, administrative executive agencies, and judicial agencies in the exercise of their powers; 5 , other information related to personal credit. Influencing factors The main factors that may affect personal credit risk scores include: there have been overdue repayments on loans, or credit card overdrafts have not been repaid within the agreed time limit and repayment amount, or there are too many loan accounts and credit cards, etc. Article 25 of the Credit Information Management Regulations: If the information subject believes that there are errors or omissions in the information collected, stored, or provided by the credit information agency, he or she has the right to raise objections to the credit information agency or the information provider and request corrections. When a credit reporting agency or information provider receives an objection, it shall mark the relevant information as objectionable in accordance with the regulations of the credit reporting industry supervision and administration department of the State Council, verify and handle it within 20 days from the date of receipt of the objection, and provide a written reply with the result. Dissenter.