Can I apply for a credit card if it is overdue?

You can still apply for a credit card if you have been overdue. Each bank has different risk control standards. If the overdue situation is not serious and has been paid off, the bank may still approve the card. If the overdue situation is malicious and the balance has not been paid when applying for a credit card, the bank will reject the credit card application. In addition, it is relatively difficult to apply for a credit card if the overdue period is too long, for example, more than 3 months.

For users with overdue records in their credit reports, it is best to settle the overdue debt and wait at least 3 months before applying for a credit card. If you are still repaying the loan during this period, it is recommended to repay on time and maintain recent repayment records, which will help improve the success rate of applying for a credit card.

Early repayment means that the borrower applies to the bank for early repayment of his/her loan part, and ensures that the loan in the previous month has not been overdue and that the loan of the current month is repaid; the loan part is repaid in one go according to the date specified by the bank. or partially paid off.

Early repayment of a loan is generally divided into two methods: partial repayment of the loan in advance and full repayment of the loan in advance.

Depending on the repayment method, the borrower can choose a reduced mortgage term or a reduced mortgage amount. It is understood that most banks currently provide five ways to repay loans in advance for customers to choose from.

The first type is full early repayment, that is, the customer pays off the entire remaining loan at once. (There is no need to repay interest, but the interest paid will not be refunded)

The second type is partial early repayment, and the remaining monthly repayment amount of the loan remains unchanged and the repayment period is shortened. (Save more interest)

The third type is partial early repayment. The remaining loan will reduce the monthly repayment amount and keep the repayment period unchanged. (Reduces the monthly payment burden, but the degree of savings is lower than the second type)

The fourth type, partial early repayment, will reduce the monthly repayment amount of the remaining loan and shorten the repayment period. (Save more interest)

The fifth method is to keep the total principal of the remaining loan unchanged and only shorten the repayment period. (The monthly payment is increased and part of the interest is reduced, but it is relatively uneconomical)

Financial experts suggest that if you repay early, you should reduce the principal as much as possible and shorten the loan period so that you pay less interest.

How to apply for early loan repayment and what are the requirements for early loan repayment?

First, the borrower must repay the principal and interest of the loan on a regular basis for 6 months before he can propose to repay part of the loan or all of the loan in advance for the first time;

Second, the lending institution is a serious loan Management, a minimum limit is stipulated for early repayment of part of the loan, which generally requires more than 10,000 yuan;

Third, borrowers generally need to notify the lending institution 10 or 15 days in advance for early repayment of the loan, and must hold the original loan Submit a written application to the lending institution with the contract, bank loan savings card, monthly capital and interest schedule, personal ID card and other information, and must be reviewed and approved;

Fourth, the borrower still needs to Repay the original monthly loan principal and interest repayment, and at the same time deposit the loan amount that needs to be repaid in advance into a bank savings card.

Is it okay to apply for a credit card if I have a loan from the bank that has not been repaid? Can the bank agree?

If you have good credit, you can apply for a credit card.

There are two situations when you apply for a credit card if you have a loan that has not been repaid by the bank:

1. You have a loan that you have not repaid, but you have always repaid it on time and have good credit

For this type of customers, they are generally high-quality customers of various banks, especially the bank where you have a loan! Because this type of customer has already established a good credit record in the banking system, and their repayment ability is guaranteed! Because the most popular loans now are car loans or housing loans, customers who can repay their car loans or housing loans on time every month should have good economic income and jobs. Generally, banks will issue gold cards to such customers, and some banks will also issue platinum cards!

2. There is a loan that has not been repaid, but there has been a history of not repaying on time or insufficient repayment

This type of customer will definitely not be able to get a credit card. Not to mention other banks, even the bank with the loan will not approve the card.

Because car loans and home loans are more stringent than credit cards. As long as there is one oversight, the bank will report it to the central bank and be included in the list of bad credit records, becoming a "high-risk customer" of each bank!

Bank credit card application conditions:

①Age requirements: Domestic residents must be between the ages of 18-65, and foreigners must be between the ages of 25-65;

②Job requirements: Have a stable workplace, income and fixed residence;

③Credit requirements: No bad credit record. Applicants for supplementary cards must be the parents, spouse or children of the primary cardholder and be between the ages of 16-65.

Bank credit card application materials:

① Identity proof information:

Copy of resident ID card or military officer ID card; if you are a compatriot from Hong Kong and Macao, you need to provide a copy of the Mainland China A copy of the pass and residence permit for more than one year; if you are a foreigner, a copy of your passport and residence permit for more than one year is sufficient.

②Proof of work and income:

Salary proof or business card or badge with photo.

Proof materials that can prove that you have good financial strength: a copy of the real estate certificate, a copy of the car driving license; a copy of the bank loan account (with good credit, no more than 60 days overdue) or deposit certificate.