If the online business loan is overdue, will it affect my credit card (debit card)?

Whether an overdue online business loan will affect your credit card (debit card) depends on the situation. For example, if the user has successfully approved the card, the overdue online loan will not affect the credit card (credit card), but will only affect his credit record. While applying for a credit card (credit card) and the online merchant loan is overdue, this will affect the result of the user's application for a credit card (credit card).

Online merchant loan is a loan service provided by online merchant bank. Loan records and overdue records will be uploaded to the credit report. Users must repay on time. Will overdue online business loans affect the use of credit cards?

Online business loans are connected to the People's Bank of China's credit reporting system center. Once overdue, they will be reported to the credit reporting system, which will have an impact on personal credit reporting.

A damaged personal credit record will inevitably affect a person’s credit card application, causing the credit card application to fail due to credit reasons; for users who already have credit cards, damaged credit will lead to Personal credit card limits have been reduced.

Loan overdue usually means that after the loan expires, the borrower fails to repay the loan principal to the bank that issued the loan according to the loan time limit stipulated in the loan contract without going through the relevant extension or re-loan procedures. and interest, thus causing the loan to exceed the agreed period.

Online Business Loan is an operating loan launched by Online Merchant Bank for small and micro business owners and individual entrepreneurs, which can meet the financial needs of users in the business process.

Online merchant loan application process:

1. Log in to Alipay, click on My, and see Internet merchant loan

2. Click on Internet merchant loan and enter the Internet After entering the business loan page, click below to borrow money

3. Enter the amount you want to borrow on the loan page of the online business loan and select the borrowing time;

4. Then You can see the amount you need to repay every month. After confirming that there are no problems, just click Next

5. After entering the online merchant loan confirmation information interface, click Collection directly. Select the payment account for the account, then click Confirm Agreement and Use

6. The next thing to do is to enter Alipay authorization. After the password is entered correctly, you can successfully borrow money.

Comparison of online merchant loans and bank corporate loan products

The main features of online merchant loans are: fast disbursement, no need to open a physical card, borrow and repay anytime, low application threshold, no Specific tax invoicing requirements and high frequency.

Characteristics of bank corporate loan products: most application processes are longer, require opening an account (personal card or general corporate account), large amounts, low interest rates, diversified products, high requirements, and have implications for business operations. requirements, low frequency.

In terms of interest rates, MYbank’s online business loan interest rates are relatively higher, higher than bank corporate tax loans, government guarantee fund loans, export tax rebate loans, guaranteed loans, etc., and lower than bank personal flow rates. point. If the online merchant loan is overdue, will it affect my credit card?

Yes.

The "General Rules of Loans" have corresponding provisions:

Article 32 The borrower shall repay the loan principal and interest in full and on time in accordance with the loan contract. Lenders must promptly issue collection notices for overdue loans and do a good job in collecting the principal and interest of overdue loans.

For loans that cannot be repaid within the time limit stipulated in the loan contract, the lender shall add penalty interest in accordance with regulations; if the loan cannot be repaid or cannot implement the repayment of principal and interest, it shall urge the repayment or prosecute according to law.

Extended information:?

Relevant legal provisions of the "General Principles of Loans":

Article 27: Loan regulatory agencies shall determine Risk management level, loan classification deviation, bad debt write-off and other factors make differential adjustments to the loan loss provision regulatory standards that a single commercial bank should meet.

Banking regulatory agencies should establish a statistical analysis system for loan loss data of commercial banks to track, compile and analyze loan loss data, and provide data support for the scientific setting and dynamic adjustment of loan loss provision regulatory standards.

Article 28: Except for the decision of the State Council, no unit or individual has the right to decide on suspension, reduction, suspension or exemption of interest rates. Lenders shall, in accordance with the decisions of the State Council and within the scope of their responsibilities and authority, specifically handle interest suspensions, reductions, deferrals and exemptions. It’s the end of the year and the online business loan will be repaid soon. Will the credit card be affected?

Online Shangdai is an online lending platform owned by Ant Group, and credit cards are products of major banks. The two seem to have nothing to do with each other. Many people think that if the debts owed in Online Shangdai are not repaid, they should It will not affect the credit card. In fact, if the online merchant loan cannot be repaid, it will have an impact on the credit card and credit report. Let me briefly introduce the following points to you:

1. The online merchant loan will affect the credit card and credit report. As for credit reporting, many lending institutions are now connected to the credit reporting system, and Online Shangdai is no exception. During the process of applying for Online Shangdai, borrowers need to authorize Online Shangdai to check their personal credit reports. Therefore, every time you borrow money from an online merchant, the online merchant will report the loan record to the credit reporting system. If a borrower is overdue, the online merchant loan will report the overdue record to the credit reporting system.

2. Overdue online business loans may affect your credit card. If the overdue record of online merchant loans is reported to the central bank's credit reporting system, when the user applies for a credit card limit increase, the bank will question the user's repayment ability, personal credit, etc. due to the user's bad overdue behavior. The bank will consider If the risk you bear is considered, the user's application for a quota increase may be rejected or even reduced.

3. In addition, wangshangdai is a small loan launched by online banks. If borrowers frequently borrow from wangshangdai, it will also have a big impact on home loans and car loans. Because when a bank reviews a credit report and sees that a borrower has a small loan every month, it will doubt the borrower's financial ability and repayment ability, and thus refuse to lend.

In short, MYBank is a loan service provided by MYbank. Loan records and overdue records will be uploaded to the credit report. Users must repay on time. Otherwise the consequences will be quite serious.

I don’t know, why don’t you give it a try...anyway, the credit report will say that your online business loan is overdue

It must be true, in this reality that everyone rejects Here, big data will soon monitor it, and the bank will reduce the limit.

The bank will only provide icing on the cake, and will never provide help when the time is right.

Online business loans are subject to credit bureau. Even if there is no record in the original credit bureau, you will definitely have to go to the credit bureau if it is overdue. Banks will check your credit from time to time. Just like if you borrow money and don't repay it, how dare the bank lend you money again? The limit will definitely be reduced

First of all, if the online business loan is not repaid, the credit report will be reported next month. If the loan is not repaid for three consecutive months, It also shows that it is inevitable to be overdue for more than three months. Credit card commercial banks will reduce the limit more slowly, the four major banks will be the first to respond, and China Construction Bank will directly block the card. It is impossible not to have any impact, because online merchant loans are formal loans from online banks and cannot be negotiated or exempted. Therefore, if you have no money, you must be prepared for the chain reaction of your credit card. China Construction Bank will definitely be the first to block the card.

There must be. Online business loans require a credit report. Brother, you should find a way to pay them back

No

There will be. Online business loans Loan on credit. Credit card issuers conduct regular post-loan credit checks. It is possible to reduce the limit

For the salary card bound by ICBC, the limit of RMB 50,000 may be reduced to zero.