1. Communicate with the bank and try to eliminate it. If the loan is overdue due to non-malicious or force majeure factors (such as earthquakes), you can call the bank's customer service number or go to a bank branch to explain your situation, and attach a guarantee for on-time repayment in the future to try to eliminate the overdue record.

2. Maintain good repayment and replace the old with the new. Since personal credit records are constantly refreshed with personal credit activities, lenders can maintain good repayments in the future. New records will gradually replace the original overdue loan records, and the original bad records are "replaced" and eliminated. .

3. Wait for five years and it will disappear naturally. If the loan is very overdue and none of the above methods can be used, the lender can only wait for 5 years, because the central bank stipulates that the retention time of personal loan overdue records is 5 years. After 5 years, these records will be naturally eliminated.

Consequences of overdue home loans

1. Bad personal credit, difficulty in subsequent loans

A home loan is actually a kind of loan established between home buyers and banks. Relationship, if there is overdue behavior, corresponding overdue records will also appear on the bank's credit system. If later home buyers still want to apply for personal loans at the bank, they may have to face greater difficulties.

In addition, even if the debt is paid after the mortgage is overdue, it will still cause personal credit stains, which will take 5 years to be eliminated.

2. Pay penalty interest and late payment fees

An overdue loan is a breach of contract. In addition to the loan itself that should have been repaid, the penalty interest and late payment fees caused by the overdue payment must also be paid. As for how much you have to pay, it depends on the specific regulations of the relevant bank. The specific amount and proportion of penalty interest and late payment fees are different for each bank.

Generally speaking, if the mortgage is paid up within 7 days, no late payment fees will be charged; if it exceeds 7 days, the late payment fees and penalty interest will be added together, which will probably add 30% to 50% to the original mortgage interest rate.

3. Restrictions on the purchase of train and air tickets

If you keep overdue and become a defaulter, after being appealed to the court, you may become a person subject to breach of trust and then purchase train and air tickets. Everyone will be subject to restrictions. Not only will it be difficult to travel, but your personal daily life will also be affected.

4. The remaining loan still needs to be paid off after the due date

In personal loan home purchase contracts, it is generally stated that if the home buyer commits overdue behavior, he may face heavy liability for breach of contract. One is to pay off the principal and interest of the loan in one lump sum.

5. Being sued by the bank

If the home buyer has not repaid the remaining personal loan for more than 3 months, the bank will file a lawsuit in court. After applying for a mortgage loan, home buyers must pay attention to repaying the mortgage loan on time to avoid overdue payments.