You can't. If there is something wrong with the credit information, the bank will not approve the applicant to apply for a mortgage loan. If there is something wrong with the credit record, the bank will assume that the applicant is at risk of loan default.
The five-level classification of credit information pays attention to whether loans can still be made. brief introduction
After handling a bank loan, the bank will conduct post-loan management irregularly, and divide it into five levels according to the repayment ability of customers, and mark it on the credit report. Different classification levels will affect future loans and credit cards. Some friends' credit reports show that the five-level classification of loans has attracted attention, and they want to know if they can still borrow money. Let's have a look.
The five-level classification of credit information pays attention to whether loans can still be made.
The five-level classification of loans means that banks can judge the repayment ability of borrowers through continuous monitoring and analysis of cash flow, financial strength and collateral value, so as to determine the risk degree of loan losses. According to the degree of risk, they are divided into five categories: normal, concerned, secondary, suspicious and loss.
If the credit information shows that the five-level classification of loans is concerned, it means that the lender has the ability to pay the loan. Although it is not a non-performing loan, the bank suffers about 5% losses due to factors that may affect the repayment due. Even if the risk is not high, it is still a bank risk customer.
In this case, you can apply for a loan again, but it is unknown whether it will be approved by the bank. According to many netizens, the five-level classification is concerned, and the possibility of bank loan approval is relatively small.
After all, the risk of default already exists. If the loan is approved again, the debt ratio will increase and the repayment ability will definitely be discounted again. Unless the lender pays off the previous loan, or provides sufficient financial proof materials when applying for the loan, or finds a powerful person as a joint and several liability guarantor.
In short, the five-level classification of credit information shows that the lender is a slight risk customer and has a certain risk of default. It is said that you can apply for a loan, but the possibility of granting a loan will be relatively small.
Can I get a loan after the credit report shows suspicious? It depends!
As the saying goes, every lending institution attaches great importance to the integrity of borrowers, and poor qualifications and credit information may lead to loan failure. If the credit report is suspicious, it means that the borrower's current financial situation is very bad, then can he borrow money in the future? Let's take a look at the relevant content together.
1. What does it mean that the credit report shows suspicious?
This means that your credit status is very bad, because banks will classify loans into five categories: normal, concerned, secondary, doubtful and loss. Loss means that according to the comprehensive judgment, the borrower can no longer repay the debt, and at least 50%~75% of the loan will be lost.
Second, can I still get a loan after the credit report shows suspicious?
It is possible in the future, but it is impossible to borrow money in the short term. The credit report shows suspicious, indicating that the borrower has been unable to repay the arrears, and there are at least several overdue records. The review of lending institutions will refer to these situations. If there is a risk of overdue, most institutions will not give loans.
How to get a loan in the future?
1, repair credit. The credit status can be adjusted. Loans can be divided into five categories: normal, concerned, secondary, suspicious and loss, of which suspicious is close to loss, which is equivalent to "credit black account". The borrower should try his best to repay the current debt. As long as the overdue records show all settled, after a period of time, the status will become secondary concern and finally return to normal.
2. Mortgage or pledge. If the borrower has a car, a house or a large insurance policy. Can be used for mortgage or pledge, then you can get a loan by seeking a formal loan company, because mortgage or pledge loans have lower requirements for credit information.