Nowadays, many people take credit reporting very seriously and think that if they are overdue, they will be hopeless. In fact, this is not the case. The credit reporting report only truthfully displays the credit record. Whether the loan is approved or not depends on the bank's risk. If the credit report is overdue, does it mean that you can’t apply for a credit card?

If the credit report is overdue, does it mean that you can’t apply for a credit card?

Having an overdue credit report does not necessarily mean that you can apply for a credit card. If you don’t have a credit card, it’s not wrong to check your credit score when applying for a credit card. However, credit score is not the main factor when applying for a credit card. It will also be reviewed with reference to other factors, such as personal financial situation, debt situation, and workplace, etc., so for For those who are overdue, the main thing is to look at the degree of overdue. If the overdue is not serious, it will not have much impact, but if there are three overdues in a row, the possibility of rejection is higher.

If you want to apply for a credit card if you are overdue, you must first look at the severity of the overdue payment. For example, if your credit score is bad, don’t waste your efforts if you are overdue three times or six times in a row. If it is overdue once or twice occasionally, or it was 2 years ago. If the card is overdue, the impact will not be big. It is best to wait 3 months between the card application time and the overdue date before applying. One thing you need to do before applying for a card is to pay off overdue debts and make sure they are not overdue at present, and then apply for some credit cards that have lower thresholds and are easier to apply for.