First of all, banks and financial institutions will refer to the applicant's credit record in the process of loan review. A large number of overdue credit cards will have a negative impact on personal credit records. Before the overdue payment is paid off, banks usually question the applicant's repayment ability. Therefore, applicants whose credit cards are overdue for 9 times are likely to be considered as having bad credit and it is difficult to pass the loan review.
Secondly, buying a vehicle usually requires a large loan amount, as well as a stable repayment ability and a good credit record. A large number of overdue credit cards may have a negative impact on the loan amount, and banks may have doubts about the applicant's repayment ability, thus limiting the loan amount or directly rejecting the application.
To sum up, it is difficult for applicants whose credit card is overdue for 9 times to borrow money to buy a car. In order to improve the loan success rate, applicants should improve their credit records as much as possible, repay overdue funds as soon as possible, and develop good repayment habits in daily life.
Extended data:
Credit record is an important reference index to determine personal credit status, and credit card repayment record is one of the important bases to evaluate personal repayment ability. In addition to overdue times, other factors such as overdue amount, overdue duration and credit card limit will also have an impact on personal credit evaluation. Banks and financial institutions usually use credit scoring model to judge the repayment ability and credit status of applicants and decide whether to issue loans.
However, the specific requirements of each bank or financial institution in loan approval may be different. Therefore, even if the credit card is overdue for many times, it cannot be generalized whether you can borrow money to buy a car. In the actual application process, the applicant can consult the bank for specific loan requirements and conditions, so as to understand his own loan possibilities.
In short, nine overdue 1 10,000 yuan credit cards will have a negative impact on the loan to buy a car. In order to improve the chances of loan success, applicants should actively improve their credit records, pay off overdue funds as soon as possible, and establish good repayment habits. At the same time, we should know the specific requirements and conditions of banks or financial institutions before applying for loans, so as to make more targeted loan plans.