Many people take out commercial loans when they buy a house. When they meet the provident fund loan requirements later, they will convert the commercial loan into a provident fund loan, which can save a lot of interest. Many people have used credit cards before converting business to business and have not paid off the debt. They ask if it is okay to have outstanding balances on the credit card after business-to-business transfer? Here is a brief introduction.

Is it okay to transfer a business-to-business credit card if there is an outstanding balance? First of all, everyone should be aware that when converting a business to a public company, the lender's credit report will also be checked to determine the lender's credit status and repayment ability. The credit report will display the repayment status and arrears of the credit card. The arrears will be included in personal liabilities and affect the borrower's repayment ability. The repayment status can reflect the credit status of the lender. As long as the borrower's personal debt ratio, including credit card debts, does not exceed 50, it will not have a big impact on the borrower's repayment ability; however, the credit card cannot have overdue debts or unpaid debts before the business becomes public. If there are three consecutive overdue payments within 2 years, a total of six times, otherwise, even if the credit card debt is not large, the business-to-business transfer cannot be processed. In short, there is no requirement that credit cards cannot be owed from business to business, but the lender must bear reasonable debts. If the debt is too high but there is no overdue record, you can first pay off the credit card debt to a certain point to reduce the debt ratio and then transfer from business to business.

If you want to successfully transfer the business to a public company, the lender must also do the following: 1. Pay the local housing provident fund normally, and apply for a loan to buy a house before marriage; the lender must apply for a loan to buy a house after marriage; It can be applied by the primary lender or your spouse. 2. The lender's time to repay the commercial loan shall not be less than 1 year, and the lender shall have good credit and no overdue behavior. 3. Before refinancing, the real estate title certificate has been obtained for the property purchased by the lender, and there is no provident fund loan record in his name. 4. The business-to-public transfer has been approved by the original commercial loan bank, and the amount is within the maximum provident fund loan limit and the balance of the commercial loan limit. The above is the relevant introduction to "Is it okay to transfer debts on a business-to-business credit card?" I hope it will be helpful to everyone.