Bad debts of banks refer to accounts receivable that banks cannot recover or are unlikely to recover. Many bad debts are caused by borrowers' failure to repay bank loans in time, so what impact does bank bad debts have on lenders?

What is the impact of bank bad debts on lenders?

For the borrower, the bad debts on the credit report are far more serious than the consequences of overdue. If such words appear in the credit report, it can be said that it is basically insulated from the bank's credit-related business. Except loans and unapproved credit cards, if customers don't repay, bad debts will always appear in your personal credit report, affecting all aspects of your life.

There is a strict bad debt classification system within the bank. For example, more than 90% of credit loans are included in bad debts, and mortgage 180 days, but not recovered for the longest year, are included in the write-off of loss loans. It needs to be distinguished according to the types of bad debts, and the influence of different types of bad debts is different.