How long does it take for an overdue loan to be reported to the credit reporting system?

1. If it is overdue for one to three days, it will be reported to the credit reporting system. But if there is a grace period, it is not overdue if you are late within the grace period; but if the bank that borrows the loan has strict regulations, it is considered overdue if you are late by one day. For lending institutions with a repayment grace period, as long as the loan repayment time they apply for does not exceed the repayment grace period, it will not be considered overdue and will not be listed in the credit reporting system for the time being. Legal basis: Article 577 of the Civil Code: If a party fails to perform its contractual obligations or performs its contractual obligations inconsistently with the agreement, it shall bear liability for breach of contract such as continuing to perform, taking remedial measures, or compensating for losses. Article 578: If one party expressly states or shows by its own behavior that it will not perform its contractual obligations, the other party may request it to bear liability for breach of contract before the expiration of the performance period.

2. If it is a bank loan, a credit report will usually be issued if it is overdue for one day, and it should be noted that there is no way to manually intervene whether a credit report is issued;

3. If it is an online loan or a drum loan, how long it takes to file a credit report depends on the lending institution's regulations. To determine how long it is overdue, you mainly need to refer to whether the lending institution has a grace period of 1-3 days when the user is overdue. If the user repays the loan within the grace period given by the lending institution and the repayment is successful, the user is It will not be recorded as overdue. If the lending institution does not give the user a grace period, it means that if the user is one day overdue, his or her credit report will be reported.

Overdue specifically refers to the user's failure to repay the loan to the lending institution within the agreed period in accordance with the content of the contract. Generally speaking, if the user fails to repay the loan on time, it means that he will need to bear certain overdue fees, and the impact of overdue on both parties to the loan will be dealt with in accordance with the previously signed contract. In actual economic activities, if the lender has a past due record, the amount of loan that can be loaned needs to be determined based on the bank's review results. Generally speaking, if a borrower with a past due record obtains a loan from a bank, the corresponding conditions will be more stringent. How long will it take for your credit report to be overdue

It also depends on whether your loan has a grace period. If so, it is usually 3 days, and the time does not exceed 3 days. As long as you pay back the money immediately, it will not Will affect credit reporting.

If there is no grace period, overdue credit reporting will not necessarily be affected. It depends on whether your lending institution is connected to the central bank’s credit reporting system. If it is not connected to the central bank’s credit reporting system, it will not be listed on the credit reporting system. . If the credit report is connected, the credit report will be uploaded. If you are overdue for more than 3 days, the bank will collect the loan. Depending on the specific loan situation, legal means may not be ruled out in serious cases. At the same time, being overdue will also affect your personal credit. The overdue status of the loan will be uploaded to the central bank's credit reporting system simultaneously, which will also affect future credit life such as loans.

You only need to pass: Quick Card Test. Find this small program to check your personal credit score. The data comes from online loan platforms and UnionPay across the country. Users can check their own big data and credit status, obtain various indicator data, and check their personal credit. situation, blacklist status, online loan application records, application platform types, online loan credit limit estimates and other important data information, etc.

In short, don’t overdue easily. Otherwise, if your credit report is overdue and there is a credit stain, it will take five years to “cleanse” the debt after paying off the debt. And if you never repay, The stain on your credit will follow you for a lifetime. It is recommended to repay the debt as soon as possible. If the debt is short-lived, you can issue a non-malicious debt statement to the bank.

Legal Basis

Article 4 of the "Regulations on the Administration of the Credit Reporting Industry"

The People's Bank of China (hereinafter referred to as the Credit Reporting Industry Supervision and Administration Department of the State Council) and its dispatched The agency supervises and manages the credit reporting industry in accordance with the law. Local people's governments at or above the county level and relevant departments of the State Council should promote the construction of social credit systems in their respective regions and industries, cultivate the credit reporting market, and promote the development of the credit reporting industry. How many days after the online loan is overdue will the credit report be submitted

1. Positive answer

The credit report will be submitted after a few days after the online loan is overdue. The specific situation must be analyzed in detail.

2. Positive answer

There are generally two situations when online loans are overdue:

1. If the online loan is not connected to the central bank’s credit reporting system, then If you are overdue, you will not be listed in the credit report. However, this type of online loan will also have its own statistical system. If you are always overdue, you will be blacklisted by the online loan, and you may not be able to apply for other online loans in the future.

2. If an online loan is connected to the central bank’s credit reporting system, it will generally be reported to the credit reporting system if it is overdue, just like a bank loan. Therefore, consult the platform’s customer service in advance. If it is listed in the credit reporting system, you should still pay it back on time. The money is better.

As we all know, personal credit is equivalent to everyone’s credit pass today. It records each of us’ personal past credit behaviors, and these behaviors will affect our future economic activities. Especially because the online loan is overdue and has a bad credit record on the credit report, whether it is a car loan or a credit card in the future, it may be rejected.

Just search: Beijian Quick Check. Click Query and enter information to query your own Baihang credit data. This data comes from online loan platforms and UnionPay across the country. Users can query their own big data and credit status, obtain various indicator data, and query their own Personal credit status, blacklist status, online loan application records, application platform types, online loan credit limit estimates and other important data information.

In short, the consequences of being overdue for an online loan are very serious, so if you borrow an online loan that is subject to a credit report, you must repay it on time and don’t overdue it easily, otherwise you will be overdue. If you have a bad credit report and there is a stain on your credit, it will take five years to "cleanse" it after you pay off the debt. And if you never repay the debt, the stain on your credit will follow you for a lifetime.

3. Extended information

Will there be a credit report if the car loan is one day overdue?

Not necessarily a credit report.

It mainly depends on the regulations of the lending bank or lending institution. Some lending banks and lending institutions may not be very strict, so as long as it is not maliciously overdue, explain the situation and pay back in time, your credit report will not be included.

However, some banks do not have a grace period, and they may report it even if it is overdue for one or two days. Therefore, the most important measure for a car loan that is overdue for one day is to repay it immediately, and you can call the bank staff to discuss the overdue payment. Communicate issues.

As to whether there is a grace period for repayment, please refer to the loan contract. It is recommended to call the lending institution for consultation. How long does it take for an online loan debt to be reported to the credit report?

A month or two.

If an online loan is overdue, if it is not malicious and the overdue time is short, only a few days overdue, it will generally not be blacklisted. But if it is overdue for a long time and does not repay for more than one or two months or even longer, it is likely to be blacklisted by the online loan platform.

Also, if the online loan platform is connected to the central bank’s credit reporting system, as long as it is overdue for one day, it may be reported to the central bank’s credit reporting system, leaving negative results on the personal credit report. Credit history.

Nowadays, online loans basically have their own credit system. Each online loan platform is connected to the Internet and can generally record relevant records of users through big data. Therefore, once you are blacklisted by a certain online lending platform, your application for loans from other online lending platforms is likely to be affected by this.

So everyone should develop a good habit of repaying on time when repaying to avoid being overdue and being blacklisted. Of course, if the interest rate on an online loan is extremely high and you cannot afford to repay it, you can also collect evidence and report it. After all, loan sharking is illegal.

After a loan is overdue, there will be the following consequences:

1. Penalty interest and liquidated damages

After a loan is overdue, the first thing is to have Overdue penalty interest.

Alipay overdue penalty interest requirements:

Add 1.5 times interest to the original interest. Overdue interest = overdue amount * number of overdue days * interest * 1.5. The longer the overdue time, the higher the interest rate. The interest rate will be higher. So it’s best to pay it off as soon as possible after it’s overdue.

If the payment is overdue for more than 3 months and the amount exceeds RMB 10,000, and Alipay fails to pay after multiple reminders, the borrower will be sued to the court. At that time, not only will the borrower have to pay back the money, but he may also be liable for legal liability. responsibility.

2. Personal credit damage

In the past, only some Alipay users’ borrowings were subject to credit reporting, while Huabei was not subject to credit reporting. After Huabei Jiebei is overdue, Zhima credit score will be greatly reduced, and the impact on personal credit report will not be significant.

After accessing the central bank’s credit report, if Huabei Jiebei becomes overdue again, Alipay will upload the overdue behavior to the central bank’s credit report system, and the overdue record will be reflected in the personal credit report.

The information updates in the new version of the credit report are all in T 1 mode, which means that once it is determined to be overdue, the credit report center will update the overdue record in the credit report the next day.

Overdue online loans will lead to poor credit reporting. Credit reporting is proof of personal credit and can be regarded as a person's "economic ID card." When the credit report is bad to a certain extent, it will also have many adverse effects on our daily lives:

3. Impact on personal travel

If the personal credit record is blacklisted, for example He maliciously defaulted on bank loans and was sued by the bank. This will result in the borrower being unable to fly, stay in a star hotel, etc.

4. Impact on employment

Some companies will conduct background checks on employees before joining. If a bad credit record is found, they may think that the person has integrity problems and refuse to let him join the job. .

5. Impact on children’s education and daily life

If parents are included in the list of dishonest persons, in some schools that require political review, the child’s qualification review is likely to fail, and even more serious It will affect joining the army, applying for military academies, taking exams for civil servants, institutions, and state-owned enterprises, etc.