When buying a house, you will find credit card and online loan records. When banks approve housing mortgage loans, they often judge the borrower's assets and liabilities according to the credit report. If there are too many records in his credit report recently, it means that he has applied for credit cards or loans frequently recently, which means that he is short of money recently. These credit cards and loans will increase his debt and lead to his repayment ability being reduced. Therefore, if a person has frequent online loan and credit card application records, then applying for a housing mortgage loan is likely to be rejected.

What if the credit report is overdue when buying a house?

First, the overdue time is short. When the overdue time is not long, the borrower should raise funds as soon as possible and make up the remaining arrears in a short time. In case of short-term overdue, financial institutions will take penalty interest measures. The longer the time, the higher the penalty interest rate. The borrower should try to shorten the time to repay the remaining debts, so as not to generate more penalty interest.

Second, the overdue time is long. If the personal credit record is overdue for a long time, if the borrower forgets to repay the small debt, the borrower can negotiate with the lending platform to eliminate the bad record; If a large sum of money is overdue, the bad record left behind can only be automatically eliminated after five years.

Third, make a good repayment record. When overdue occurs, only by continuing to maintain a good repayment record can the bad record be eliminated.

Special circumstances lead to overdue. Due to special work reasons, such as doctors, armed police and other special occupations going to the disaster area, the borrower can apply to the lending platform to modify the bad credit record only by issuing the relevant certificates of his work unit.

Although the consequences of overdue repayment are very serious, the loss can be reduced to a very low level as long as it is remedied in time according to the above-mentioned method of how loans overdue makes up for it.

It is worth mentioning that whether to apply for a loan after overdue repayment? How should I apply? "Applying for a loan requires the borrower to provide personal credit information. In addition, you need to submit relevant information (ID card, real estate license, bank account, work certificate, etc.). ) for individuals to apply for loans. " For customers who are overdue for several times, three times in a row or less than six times in two years, they can still apply for loans, but the amount may be relatively small. For borrowers who are still overdue, they must pay off all overdue funds before they can apply for new loans again.