You can't go to the bank for a loan with an overdue record. There are three solutions: 1. Choose a small commercial bank. Generally, large commercial banks are not short of loan customers, so the review of loan qualifications is particularly strict. If an overdue customer and a user with good credit apply for a loan at the same time, the bank will definitely be more willing to give the money to the user with good credit. However, some smaller city commercial banks are not demanding this. As long as it is not maliciously overdue, it is usually possible to apply for a loan; 2. Apply for a mortgage. If the credit is overdue, it is difficult to apply for a credit loan, but generally you can apply for a mortgage, such as using real estate, cars, jewelry, equity and so on. These are all possible; 3. Issue relevant certificates. If the credit card is unexpectedly overdue once, you can communicate with the bank, and the bank will issue a non-malicious overdue and settled certificate, which can help you get a smooth loan under normal circumstances. Overdue loans will have a negative impact on the application for loans, but the loan review may not fail, depending on the relevant regulations of banks or third-party financial institutions on overdue loans. Generally speaking, if the credit record is overdue for no more than 2 times, the bank will still handle the loan as appropriate, but if the overdue number reaches 6 times or more, the banking system may not approve it. However, in the same overdue situation, third-party financial lending institutions will be relatively lenient, because different institutions have different tolerance for overdue. A relatively loose auditing institution, even if its credit history is overdue, will not affect the approval of the institution's lending. Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply. Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different.
2. Can I still apply for a loan with overdue records?
When you handle new business, relevant departments will generally give priority to recent consumption and repayment records.
If you are going to apply for a personal loan in China Merchants Bank, the final approval will be based on the comprehensive evaluation of the business type, personal solvency, credit status and other factors you apply for, and can only be determined after the approval of the handling outlets. I suggest you provide relevant application materials and contact the personal loan department of local outlets for further verification.
Third, the lender has an overdue record. Can the guarantor still go to the bank for a loan?
As long as the sum of the amount of guarantee you provide for others and the existing loan balance does not exceed your online business, you can continue to apply for a loan in China Bank.
The above contents are for your reference. Please refer to the latest business changes announced by China Bank official website.
If in doubt, please consult the online customer service of China Bank or download and use the mobile banking APP of China Bank to handle related business.