Many people are short of money. Besides borrowing money, they also handle credit card turnover. As we all know, credit cards have requirements for applicants. Although different banks have different thresholds, it mainly depends on the applicant's repayment ability and personal credit. Many people have borrowed loans and haven't paid them back. Can they apply for a credit card if they owe a loan? Let me give you a brief introduction today.

Can I get a credit card if I owe a loan?

Everyone should know that the credit card audit will check the applicant's credit information. If the loan is recorded in the credit report, it will have an impact on credit card approval. As for whether the card will be approved, it must be analyzed in combination with the specific situation of the small loan record. Usually, credit card approval will evaluate the applicant's credit and liabilities to judge whether he has the willingness and ability to repay, so as to infer his default risk.

If the micro-loan on the credit report has been repaid on time, and the amount owed is not large, and the money to be repaid every month is relatively small, it shows that the applicant has a good willingness to repay, a relatively stable repayment ability, and a small risk of default, and may approve the card; On the other hand, if there is a small amount of loans overdue and a large amount of debt, most of the income will be used for repayment every month, and the risk of default is high, and the card will be rejected in nine cases out of ten.

Whether the credit card is approved or not, the credit card approval record will be left on the credit report. Too many times will make the credit check, which is not conducive to the subsequent loan card. Therefore, it is best for applicants not to blindly apply for credit cards. Before applying for a card, they should check their credit information, evaluate the loan risk according to their credit and liabilities, and then apply for a card after confirmation.

Considering that different banks have different credit card application thresholds, try to choose banks with business dealings, such as payroll card issuing banks and banks with deposits, so as to improve the approval rate of card processing.

The above is "Can I still apply for a credit card if I owe a loan?" . In short, applying for a credit card will not completely deny the applicant because the loan has not been repaid. As for whether the card can be approved, the approval result of the bank shall prevail. If rejected, don't apply frequently. It is suggested that the improvement should be insufficient for at least three months, and the pass rate will be higher next time.