Overdue short-term loans
Short-term overdue is usually caused by personal negligence. At this time, we don't need to worry too much. Not all overdue personal credit reports will be displayed in time. Usually, the update of the credit information system will be delayed for several days, and some will even be reported next month. The loan is overdue for a short time. What we have to do is to make up the arrears and actively communicate with the bank.
Loans overdue for more than three months.
Once loans overdue is over 3 months, it has been shown in your credit report. At this time, what we have to do is to pay off the default interest in addition to the arrears, and maintain a good repayment habit in the future loan period. After 5 years, bad credit records will be automatically eliminated. It is worth noting that most loans except mortgages only refer to the credit records within two years.
Other unexpected reasons are overdue.
If you are overdue because of unemployment, illness, going abroad and other reasons, you can go to the bank to issue a "non-malicious overdue certificate", and the bank will investigate your actual situation. As long as it is found that the reason for your overdue is true, the bank will generally issue a certificate for you.
Loan "overdue"
"Being overdue" means that the overdue credit report is not caused by itself, but by the malicious behavior of others. At this time, you need to contact the bank to explain the situation, and then you need to submit an "objection application" to the credit information center. Generally, such bad loans overdue records can be cleared after 15 working days.
Bian Xiao wants to warn everyone that although loans overdue can handle it, we still have to repay the loan on schedule. Once there is a problem with credit reporting, it will not be so easy to borrow money in the future.