fake. The following are related to illegal households, which can be selected according to the borrower's own conditions: 1. Private lending. In this case, when the loan company handles the loan, it may ask the borrower to provide more proof of repayment ability. If the borrower's name is mortgaged, whether there is real estate, and whether the nature of work is stable, the pre-loan review will be more severe. At the same time, if a black household applies for a loan, the lending institution may increase the loan interest rate of the borrower or reduce the loan amount of the borrower, depending on the situation. 2. If a black household wants to apply for a loan, he can try to apply for a loan from the bank through a local loan company, which is one of the channels for black households to apply for a loan. 3. Find a loan company. Loan companies usually value collateral more than personal credit. If the borrower borrows money through the loan company and can provide collateral, it will be easier to obtain funds. The definition of a white household is that there is no credit record, so it is called a white household. White households mean that there is no mortgage loan, no mortgage car loan, no credit loan, credit card, etc.

a black account is usually called a black account, which has three statuses: frozen, concerned and bad debts. Usually, there are three consecutive overdue credit reports, which means that credit reports begin to slowly turn into concerns and freezes.

A white account doesn't mean the best. A white account can be understood as an untraceable asset and untraceable credit history. At the same time, white households also mean that there is no debt under their names.

illegal account means that you can't apply for loans from formal financial institutions. The only way to cancel the illegal account is to pay off all the debts, and at the same time contact the relevant banks to cancel the abnormal state, and then wait for the credit update. Maintaining good credit information for two years will basically have little impact on personal credit information. To completely eliminate it, it will take five years to completely update the credit information records with bad coverage.

How long will it take for the illegal account to recover

In fact, when banking financial institutions approve loans or credit cards, they mainly look at the records of the last two years. Banks with loose risk control will be approved as long as you have not been seriously overdue in the last two years. Some banks have strict risk control and will carefully check all your overdue situations.

generally speaking, as long as there are no overdue records at present, and there is no continuous accumulation of six in the past two years, there is not much problem with credit reporting. You can try to apply for some products with low thresholds and cover the past with good records, which will not have a great impact.

to sum up, the blacklist of credit information will generally be eliminated in five years, that is, five years after the loan is settled. This also shows that if the loan has been unclear, the credit blacklist will always exist. For those black households, it doesn't mean that they can't borrow money. Generally, banks can look at the credit records of the last two years, and it is not difficult to borrow money if the credit records are not very bad. Or, black households can also apply for loan products with low thresholds, which is also a good choice.