Are credit cards related to housing provident fund loans?

Credit cards are related to housing provident fund loans. If there are bad behaviors such as overdue credit cards, it will affect the issuance of housing provident fund loans.

Take the Zhengzhou Housing Provident Fund as an example. According to the "Housing Provident Fund Loan Instructions", the loan conditions for the Housing Provident Fund are:

1. The borrower and his spouse have valid identity certificates ;

2. The required proportion of down payment has been paid, the down payment loan amount = the total price of the property, and the house payment has not been paid in full;

3. The borrower has made continuous and normal deposits Housing provident fund for more than 6 months (inclusive), and recent unpaid payments shall not exceed 4 months;

4. Stable family income, good credit, and the ability to repay the principal and interest of the loan;

5. Agree to provide a loan guarantee method approved by the Housing Provident Fund Management Center;

6. The borrower and his spouse do not have unpaid housing provident fund loans or large debts.

Extended information:

Article 26 of the "Housing Provident Fund Management Regulations" Employees who have paid housing provident funds may apply to the housing provident fund when purchasing, constructing, renovating or overhauling their own houses. Apply for a housing provident fund loan from the Housing Provident Fund Management Center.

The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.

Zhengzhou Housing Provident Fund - Instructions for housing provident fund loans. Will credit loans affect provident fund loans?

1. Theoretically, it will. Not to mention the impact on provident fund loans, it will also affect commercial loans and mortgages. Bank loans are restricted for related investment activities such as house purchase and stock trading. But in fact, there are policies from the top and countermeasures from the bottom. Because there is a huge demand in the market, there are still many channels to operate. Generally, the monthly interest rate is two to three percent, and after completion, it will not affect subsequent home purchases.

2. Generally speaking, if you have a credit loan or have used a lot of credit cards, it will affect the provident fund loan. If it is serious, the loan will be refused directly. If it is not serious, you will be asked to settle the loan before the loan can be released.

Are provident fund loans affected by the number of online loans?

1. The number of online loans has no impact on provident fund loans. When applying for provident fund loans, the main factors affecting the number of provident fund loans are the number of provident fund loans and the number of other loans processed at banks or licensed consumer financial institutions. As for the number of online loans, because most online loans are not connected to the central bank’s credit reporting system, they are generally not recorded in the credit report, but are recorded in big data. Most banks will not specifically check it, so naturally it will have no impact. .

2. Will credit card debt affect the provident fund loan to buy a house?

2 months ago Whether you buy a house with a provident fund loan or a commercial loan, if you have a large credit card balance, it will affect your mortgage application. There are three ways to get a mortgage loan: pure provident fund loan, commercial loan, and combination loan (commercial loan plus provident fund loan). No matter which method you choose, the mortgage bank will check your credit report, including the credit card debt, that is, the credit card Liabilities are one of the main factors in bank assessment. If your credit card debt is large, the mortgage loan will be directly rejected, and then the bank will notify you to pay off the credit card debt before applying for a mortgage. Generally, mortgage banks will require customers to control their credit card debt to around 10. If it exceeds the bank's ratio, the bank will suspect that the customer is using a credit card to buy a house. Because when a bank issues a credit card, it is clearly stated in the customer service contract that the credit card cannot be used for investment, such as buying a house or a car. Then if you buy a house or a car, it is prohibited by the bank. In addition, another reason why credit card debt affects mortgage loans is that banks are afraid that customers' excessive credit card debt, coupled with the pressure of mortgage loans, will lead to inability to repay and the mortgage will be overdue in the future.

If the customer's mortgage is overdue, the probability that the mortgage bank will recover the cost will be reduced. Although the bank can auction the customer's property in the last step, this operation is time-consuming and labor-intensive, and the execution cost is high. The purpose of banks doing this is also to avoid future risks. Will withdrawing cash from a credit card affect provident fund loans?

Nowadays, everyone will choose to take out a loan when buying a house. If they pay the five insurances and one housing fund, they often choose to use the provident fund for a loan. After all, it can offset a large part of the loan amount, and its interest rate is also relatively low. Yes, but there is still one thing that needs to be noted here, that is, after withdrawing cash from a credit card, it will definitely affect the provident fund loan, so today we will discuss this topic.

First, why does withdrawing cash from a credit card affect your loan?

In fact, the reason is very simple. I think many people who have bought a house know that before applying for a house purchase loan, your sales consultant will often accept it like you do, that is, try to reduce your personal liabilities. I have to clear it out, so at this time I basically have to pay off my loans and credit card debts. Because these are all personal liabilities, they can be found out during a credit check. After withdrawing cash from a credit card, it means that you have an additional debt, which will definitely affect your provident fund loan, but it does not This will directly result in the inability to apply for provident fund loans.

Second, how big is the impact?

I also said above that the main reason that affects the provident fund's loan processing is because of the emergence of liabilities, and liabilities are a factor that banks must consider. After all, the larger the liabilities, the greater the risk. The higher the risk of the customer, under such circumstances, the provident fund loan amount provided to him will definitely become smaller, so if you want to get a better amount, you will definitely need to pay off your loan, even if it is short-term That's ok too.

Third, what do you think of this management model?

In fact, problems like this are very easy to solve. You only need to borrow a certain amount of money to pay off your personal debt first. However, under normal circumstances, buying a house is a big expense after all. Therefore, you still need to act according to your ability. Don’t bite the bullet and owe too much money to buy a house. Do credit cards have an impact on housing provident fund loans?

The personal credit report mainly includes your basic information, credit transaction information, recently filled-in information, etc. The credit information includes your loans, credit cards, loan The holding status of debit cards, transaction repayment status, etc.

It should be written more clearly.

Through this report, you can learn about your basic situation, including credit limit, account status, loan status, and whether you have bad repayment records, overdue time, etc.

So you only need to If you don’t have a bad credit record in the past few years (because in principle, credit reports are cleared every few years), it’s fine. Your consumption record cannot be seen on the personal credit report. After all, this is not a bank card.

The $1,000 you paid yesterday is fine as long as you repay the full amount or the minimum repayment amount within the final repayment period.

It will not affect your personal credit record, let alone your down payment for housing provident fund!

Extended information:

Housing Provident fund loans refer to housing mortgage loans that are issued by local housing provident fund management centers using the housing provident funds paid by employees and their units and entrusting commercial banks to provide housing provident funds to current employees who have paid housing provident funds and retired employees who have paid housing provident funds during their employment.

The housing provident fund refers to the long-term housing savings deposited by state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.

The housing provident fund paid by employees and the housing provident fund paid by the employee's unit for employees are personal savings saved by employees in accordance with regulations and specifically used for housing consumption expenditures, and belong to the individual employees.

When an employee retires, the principal and interest balance will be paid in one lump sum and returned to the employee himself.

1. To apply for a housing provident fund loan, the borrower must submit a written application to the bank, fill in the housing provident fund loan application form and truthfully provide the following information:

(1) Housing provident fund of the applicant and his spouse Proof of deposit;

(2) Identity certificate of the applicant and spouse (referring to resident ID card, permanent residence booklet and other valid residence documents), documents proving marital status;

(3) ) Proof of stable family economic income and other proofs of claims and debts that have an impact on repayment ability;

(4) Valid supporting documents such as contracts and agreements for purchasing a house;

(5) The mortgages used for security, list of pledges, ownership certificates, proof of the consent of the person with disposal rights to mortgage and pledge, and mortgage valuation certificates issued by relevant departments;

(6) Provident Fund Center requires The third-party guarantor provides guarantee and pays the guarantee fee, and the borrower, lender and third-party guarantor jointly sign a three-party contract.

(7) Other information required by the Provident Fund Center.

2. For loan applications with complete information, the bank will promptly accept and review them and submit them to the Provident Fund Center in a timely manner.

3. The Provident Fund Center is responsible for approving loans and notifying the bank of the approval results in a timely manner.

4. The bank will notify the applicant to handle the loan procedures based on the approval results of the Provident Fund Center. The borrower and his wife will sign a loan contract and related contracts or agreements with the bank.

The loan contract and other procedures will be sent to the Provident Fund Center for review. After approval, the Provident Fund Center will allocate the entrusted loan fund, and the trustee bank will disburse the loan in full and on time as stipulated in the loan contract.

5. If the guarantee is in the form of a housing mortgage, the borrower must go to the housing property rights management department in the area where the house is located to complete the real estate mortgage registration procedures.

The mortgage contract or agreement must be signed by both husband and wife. If securities are pledged, the borrower shall hand over the securities to the management department or alliance center for safekeeping.

Reference material: Baidu Encyclopedia - Provident Fund Housing Loan