;? As the National Day approaches, the Bank of Communications has released a good cash loan again, which has made many cardholders happy. They were worried about having no money to spend during the holidays, so the Bank of Communications directly sent the money. It was like just falling asleep. Someone gave me a pillow. However, many cardholders are worried about their credit score when applying for a good cash loan and whether it will be affected if it is overdue. Let me answer it for you today.

Is it easy to get a credit check for instant loans with Bank of Communications credit cards? Haoxiandai is the cash installment business of Ping An Credit Card. It has an independent limit. However, a separate loan account will not be opened after application. The repayment is directly paid to the credit card, so it will not be separately used as a consumer loan in the credit reporting system. It is reflected in the form, so it will not be reported to the credit bureau. However, the credit limit of Haoxiangdai will be included in the account details of the Bank of Communications credit card and will be withdrawn on the credit report as the used limit, which represents your debt ratio. If it is overdue, it means that your credit card is overdue and you will be subject to a credit report.

In addition to the credit report, the overdue Haoxiandai also has the following effects: 1. Impact on personal credit: The overdue Haoxiandai will cause the credit card to be overdue. The bank will report your overdue situation to the central bank. Leave a bad credit record in the credit system. 2. Liquidated damages and penalty interest will be charged: You should all know this. If a credit card is overdue, a penalty will be charged, which is generally 5% of the minimum repayment amount, and the penalty interest will be calculated based on a daily interest rate of 0.5%, monthly. Compound interest will also be calculated; 3. If you don't repay for a long time, you will face collections, and even the bank will sue you for penalties, etc. The above is the relevant introduction of "Can Bank of Communications Credit Card Haoxian Loan be included in the credit report? You can't bear the impact of overdue!" In short, Haoxian Loan will not be reflected in the credit report in the form of consumer credit alone, but The used limit will be included in the Bank of Communications credit card account details. It is recommended that after using the cash loan, you must repay it on time. After all, you may not be able to bear the consequences of overdue payment.