Buying a house and a car has always been a top priority for Chinese people. However, recently, a distressed netizen came to the editor and said that he was buying a house because he was preparing to get married, but due to his limited financial ability, he had no savings. , so I plan to apply for a mortgage loan with the bank. However, because one of my credit cards was overdue, I was repeatedly rejected when applying for a mortgage, and even some private lending institutions were unwilling to lend. So can I buy a house if my credit card is overdue? Let’s share the specific situation in detail!
Whether you can get a loan to buy a house if you have a credit card debt needs to be decided according to the actual situation. Generally, it is mainly divided into the following two situations:
Situation 1: Slightly overdue, only one or two overdue If the loan customer meets the loan requirements set by the bank, has the ability to repay on time, has a stable income, has good personal credit, and can provide sufficient information, then the mortgage loan can be applied normally. It will be affected because there is a balance on the credit card in your name.
Situation 2: Serious overdue payment. Under normal circumstances, a credit card that is overdue for three consecutive periods, or a total of more than six times, is a very serious overdue repayment behavior. If the cardholder has ever experienced such overdue behavior, Then your application for a mortgage loan will most likely be rejected. What everyone needs to do is to continue to use this credit card until the new payment record after 24 months covers the original negative record, and then apply for a home loan from the bank.
To sum up, banks will not completely deny your credit just because you are overdue once in a while, but if you are overdue for too long or too many times, it will definitely have serious consequences for your mortgage application. Influenced. If you want to apply for a loan now, you can try to provide the bank with a "non-malicious overdue certificate". Some commercial banks may be lenient to you.
The above is Xiao Tan’s entire introduction to “Can I buy a house if my credit card is overdue? I will share the specific situation!” I hope this article can be helpful to friends who are buying a house, and I also hope that everyone here will Our friends can develop good habits of using cards and loans, so that they can obtain higher quotas and approval rates when handling banking financial services.