Will affect. This kind of loan is secured by mortgage. If there is a loan on the auction loan, it may affect the approval of the provident fund loan. Applicants for provident fund loans are required to have a certain credit status. If the auction of loans overdue or the loan fails, it will affect your approval of provident fund loans. Auction loan is a new type of micro-credit product, which is issued by an auction loan group composed of national financial institutions.