Specifically, three days in loans overdue will have the following impact on the credit report:
1. Credit record: loans overdue will leave a record in his personal credit report. The record will show the specific date and overdue period in loans overdue. With the extension of overdue time, the record will become more serious. These records will be kept in the credit report for a long time, which will have an impact on future credit application.
2. Decline of credit score: Credit score is a score calculated according to the information in personal credit report, which is used to measure personal credit status. Loans overdue will lead to a decline in credit score. Declining scores will increase personal credit risk and affect future applications for loans, credit cards and other financial products.
3. Poor loan conditions: loans overdue's record may also bring some adverse effects to future loan applications. When banks or financial institutions approve loans, they will comprehensively consider the credit status of individuals. The record of overdue repayment may make applicants face stricter conditions when obtaining loans, such as higher interest rates and higher guarantee requirements.
To sum up, three days in loans overdue will have an adverse impact on personal credit reporting, including leaving records in personal credit reporting, declining credit score and worsening loan conditions in the future. Therefore, timely repayment is very important to maintain a good credit record.
Supplementary information:
Credit investigation is an important system in China's financial field. Credit investigation agencies are responsible for recording and managing the credit information of individuals and institutions. China's credit information system is guided and supervised by the People's Bank of China. Credit information is widely used in the financial field, such as loan approval, credit card application, housing lease and so on. Timely repayment is the basis of maintaining good credit. At the same time, individuals can check their credit reports regularly, find and correct wrong information in time, and improve their credit status.