Can I get a loan if my credit card is in arrears?
Not necessarily.
case 1: the credit card is in arrears but not overdue
if this is the case, the cardholder usually uses installment payment or only pays the minimum repayment amount, resulting in credit card arrears, but not causing credit card overdue. In this case, it is ok for credit card holders to refinance, but the impact is that the approved money will be reduced.
case 2: the credit card is in arrears and causes overdue
if this is the case, and the overdue record is caused by the non-repayment, then the credit card holder wants to make a loan again, which is a bit crazy. At present, as long as there are three consecutive and accumulated six overdue records in the last two years, banks will not give you loans, or reduce your loan amount and raise your interest rate standard.
credit card repayment method
within the issuing bank, this method includes: issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the money will generally be recorded after being processed by the system on the same day.
Micro-banking POS mobile phone Micro-banking POS mobile phone is a personal payment terminal of mobile financial system, which can be used for direct credit card repayment and transfer. Immediate arrival!
repayment by transfer/remittance is mainly divided into two ways: inter-bank in the same city and inter-bank in different places. No matter how to transfer or remit money, the remitting bank will charge a certain fee, and at the same time, the time of payment and the convenience of repayment are not as good as those in peers, online repayment and convenience store repayment.
The common online platforms for online repayment in China are UnionPay Online, Kuaiqian, Shengfutong, Alipay and Tenpay. Different platforms and banks are selected, and the charging standards and the specific payment arrival time are different.
Convenience Store Repayment This method mainly completes the repayment through the "Lacarra" smart payment terminal installed in the convenience store. Generally, it takes 2-3 working days to arrive at the account, and no handling fee is charged for repayment in this way.
Counter-to-counter repayment refers to bank cards issued by networked financial institutions, which are used to conduct RMB current deposit and withdrawal transactions through the counters of other bank outlets registered in the host system of UnionPay Exchange Center.
the "xinfutong" smart credit card phone is an innovative electronic product independently developed by China unionpay, certified by the bank card testing center, and supported by financial services provided by the inter-bank information exchange network of China unionpay.
Repayment Pass uses "Repayment Pass" for repayment, and the fees are generally charged according to the charging standards for inter-bank transfer in the same city and inter-bank transfer in different places stipulated by the local People's Bank.
in addition to the above-mentioned methods, the issuing bank has also opened its own repayment methods for the convenience of cardholders.
can I borrow money from the bank if my credit card is overdue?
I can also apply for a loan from the bank if my credit card is overdue once, but I can't apply for a loan if it is overdue in the current month, and I need to wait for the update of credit information before I can apply for a loan. Generally, the requirements of bank loans for credit information are that there cannot be one overdue at present, two overdue in half a year, two overdue in a row and six overdue in two years.
usually, a bad credit record will not be generated once overdue, and a bad credit record will be generated three times overdue. Without a bad credit record, the loan will not be affected.
The consequences of overdue credit cards are as follows:
1. The bank credit card banking center will charge a late payment fee and interest:
1. The late payment fee is calculated at 5% of the unpaid part of the minimum repayment amount, and the minimum charge is people, 1 yuan or US$ 1
2. At the same time, the bank will also charge interest of five ten thousandths of the whole bill every day.
Second, it will affect the credit:
1. If it is overdue within one month, it will be counted as overdue once. As long as it is overdue, even once, it will be more difficult to increase the credit limit;
2. If it is overdue for 3 consecutive times or accumulated for 6 times, there will be a bad credit record, and it will be difficult to get a loan and apply for a credit card in the future;
3. If the overdue period exceeds a certain amount and time, the bank will freeze the credit card.
Third, you need to prepare materials for handling bank loans:
1. Valid identity documents;
2. proof of permanent residence or valid residence, and proof of fixed residence;
3. proof of marital status;
4. Bank flow;
5. proof of income or personal assets;
6. Credit report;
7. loan use plan or statement;
8. Other information required by the bank.
IV. Conditions required for bank loans:
(1) A permanent residence for urban residents with full capacity for civil conduct, or a legal and valid identity certificate at the age of 18 or above, and a bank loan requires the lender to be generally between the ages of 18 and 6;
(2) have a stable legal income and the ability to repay the interest;
(3) Other conditions required by the lending bank.
V. The procedures are generally divided into three steps:
(1) The customer submits basic information, including the work unit and contact telephone number.
(2) Lending banks or companies should check the credit information of customers, including whether the credit rating of customers has any illegal records. For self-employed individuals and small and medium-sized enterprises, it is also necessary to investigate their business conditions.
(3) The staff of the lending unit signed a contract with the customer and realized the loan in the shortest time.
can I get a loan if I owe money on my credit card?
it depends on the amount of the loan, the purpose of the loan and the repayment plan. Banks will check your personal flow, personal assets, etc., and even some will examine your character. The focus of each bank is different, and some basic information between banks is interoperable.
the key point is to have a clear plan for spending money and repayment. After all, the loan has to pay interest, and it is very important to use this loan to obtain better income.
Loans can be divided into credit loans. If real estate is used as collateral, other requirements will be much lower.
generally speaking, as long as the credit card of the bank is not overdue, the bank will consider that the repayment ability of the lender may not be too much if the credit card debt is relatively large, and there is no problem if it is a mortgage loan. The required information is as follows:
1. Credit loan:
ID card, work certificate, company address, company phone number, salary flow, residence certificate, water and electricity invoice, Warrant, driving license, provident fund card and social security card are helpful to improve the comprehensive score.
2. Mortgage loan:
ID card, household registration book, marriage certificate, income certificate, bank account, property right certificate and land certificate (provide information of both husband and wife when married).
Extended information:
Bank loans mainly look at the following two aspects:
1. Banks consider repayment ability
Banks mainly look at your economic strength and repayment ability. As long as your credit card is in normal use and there is no overdue or bad credit record, it will not affect your loan application. Banks will comprehensively consider whether to lend or not and the amount of lending according to individual circumstances. But if every card in your hand is seriously overdrawn, then the bank will question your repayment ability.
2. My credit history
If the credit card is in arrears and has a bad credit history due to overdue repayment of the credit card, don't cancel the card in a hurry. Cancellation of bad credit records of credit cards will not be eliminated. It is suggested to pay off the arrears immediately to avoid interest. For credit card bills with a large amount that cannot be paid off at one time, it is relatively cost-effective to repay them in installments to avoid overdue credit cards.