Detailed description:

1. five overdue credit cards will have a serious negative impact on personal credit records, which may lead to the inability to obtain loan opportunities.

2. When banks and other financial institutions consider loan applications, they usually conduct credit evaluation, in which credit history is an important indicator. Five overdue records show that the borrower's poor performance in managing personal debts in the past will lower his credit rating and credit score.

3. Buying real estate usually requires a higher loan amount, and banks will consider loan applications more carefully. Borrowers who are overdue for five times have higher risks, and banks may think that their repayment ability is unstable, and they are likely to reject loan applications.

In addition, even if some banks are willing to approve loans, borrowers may face higher interest rates, stricter repayment conditions and mortgage requirements due to bad credit.

Summary:

Because the credit card is overdue for five times, the personal credit record is seriously damaged, and the borrower may not get the loan opportunity when purchasing the property.

Extended data: