If your credit card is overdue a total of ***10 times within 5 years, your mortgage will be rejected. Not only individuals but also family loans can be rejected.

When banks examine personal credit records, they focus on the credit records of home buyers in the past two years. Overdue repayments will not affect the loan as long as they are not too serious. Banks generally examine the credit history of the past two years more strictly. If the repayments are overdue for three consecutive months and six months in total, the loan application will generally be rejected.

However, banks now have a certain degree of flexibility in this regard. If the credit card repayment is overdue, the bank will also consider the specific circumstances, such as delay in repayment due to annual fee deductions, or particularly small amounts. , has little impact on housing loans. However, if the mortgage repayment is overdue, the inspection will generally be carried out strictly in accordance with the requirements.

Generally, each bank has different standards for credit record examination, and different branches of the same bank will also have different standards. Joint-stock banks are relatively looser, so you can consult with several banks to see if they have The bank accepts it, but if it is rejected, then you can only think of other ways.

For some home buyers who have problems with their credit records, some companies will recommend guarantee companies to help the home buyers obtain successful loans. However, not only will the interest rate rise, the home buyers will also have to pay a certain handling fee. Generally speaking, you need to pay a handling fee of 2% of the loan amount. That is to say, if the loan is 2 million yuan, in addition to the interest rate increase, you will also have to pay a handling fee of 40,000 yuan.

Extended information:

However, some banks can provide grace for some unintentional overdue situations. For example, China Merchants Bank will not consider loans and credit card records that have been settled and closed for more than two years in the customer's name based on the actual situation; and for small overdue records of less than 500 yuan, overdue credit card annual fees . Short-term overdue records within 7 days of arrears may not be included in the number of overdue items as appropriate.

In addition, customers should also beware of identity theft by others, and should not borrow credit cards or loans from others. Any resulting bad credit record will be borne by the customer himself.

People's Daily Online - The husband failed to repay his credit card overdue, and his wife's application for a mortgage was "rejected"

People's Daily Online - Three consecutive overdue payments made it difficult to get a loan, and bad credit history became an obstacle to home purchase