How to get a loan with high debt

Users with credit experience should know that whether the loan can be successfully approved and whether the amount can meet expectations must consider all aspects of the borrower. A user asked, how can I get a loan with high debt? So let’s briefly talk about this issue.

1. How to get a loan with high debt?

1. Credit card: You can cancel unnecessary debt accounts; replace existing dual-currency or multi-currency cards with single-currency cards, and reduce the number of accounts you own on the report. Reduce the debt ratio; if the debt on a single credit card is too high, you can apply for installment, but it is said that the second-generation credit report will show the installment amount and number of installments, so everyone should pay attention to this.

2. Adjust the order of applications: When many people are in urgent need of money, they want to try various channels, including loans and credit cards. However, because loans are generally reviewed quickly, and it takes about a month from credit card review to activation, you can apply for a credit card first and then apply for a loan. Since the former is still under review, its impact on the latter will be relatively small in terms of liabilities. of.

3. Early repayment: One phase or some smaller loans can be settled in advance, so that the user's debt ratio shown on the credit report will also be reduced.

The above is the answer to "How to get a loan with high debt?", I hope it can be helpful to everyone. Generally speaking, high debt can be solved by settling off debt in advance and canceling credit cards that are not commonly used. Also, I would like to remind everyone that when applying for credit cards and loans, you should be moderate, act according to your ability, and see if your repayment ability can support it. Otherwise, it will be very troublesome to pay back when the time comes.

How can I get a loan if my credit score is high?

If you want to apply for a loan if your credit score is high and you have high debt, you need to solve these two problems first. Credit bureau users should reduce or try not to apply for loans within half a year, so that their credit inquiry record within half a year is zero. As for high debt, users can repay part of the loan first, which can reduce the debt ratio. Then, after half a year, when the user's credit report is relatively stable and the debt has been reduced, it will be more appropriate to apply for a loan.

Whether it is a bank loan or an online loan, lending institutions pay more attention to the user's repayment ability and credit status. Solving these two main problems will be conducive to passing the loan review.

Where can I borrow money if my credit score is too high?

The platforms where you can get a loan if your credit score is not overdue are:

1. Changxinghua. Changxinghua has relatively low debt and credit requirements for consumers, and does not look at credit information when applying. As long as the loan is not overdue, it can basically provide loans. The maximum loan credit limit is more than 50,000 yuan, and the useful life is 3-12 periods. Generally The loan limit is between 3,000 and 20,000 yuan, and the loans are issued by licensed financial institutions. These are online loans that are easier to disburse.

2. Bag flowers. Baobaohua is an opportunity for borrowers with high debts and no overdue loans to get loans. The requirements for borrowers are very low. The application process does not check the credit report and ignores black and white households. The current maximum credit limit is more than 50,000 yuan. Generally, the initial loan is 5,000 yuan. There are many options, the loan period is within 12 months, and the payment can be made within 1 hour.

3. Grapefruit installment payment. Youzi's early payment is a good way to get a loan if you have high debt and no overdue loan. As long as your personal credit report has no overdue record, you can still get a loan. The loan limit is within 50,000 yuan. The annualized rate is between 24% and 36%, and the application cycle is 3-12 months, which is relatively easy to pass.