As for whether bad records will affect loans, different banks have different regulations on loans with bad credit records in different situations. Some banks stipulate that whether to grant loans depends on the number of overdue times and the highest overdue situation. Some banks also decide whether to apply for loans according to the total number of overdue loans. For example, if they have accumulated more than 15 times, they will not apply again. Therefore, when you apply for a loan with a bad credit record, you can call customer service for consultation.

If you have a bad credit record, it is not absolutely impossible to apply for a loan. It depends on the reason, frequency and degree of your bad record. At present, many small commercial banks are very flexible in approving loans. They will not look at your statements or credit records in a formulaic way like the four major state-owned banks, but will analyze the factors that lead to your bad credit records. For every borrower, the reasons caused by bad credit records should be clear to him. The frequency of overdue can be displayed on the credit report. In addition, the most important thing is to look at the severity of your overdue, that is, to look at the corresponding figures on the credit report. Generally speaking, if the number of overdue periods exceeds 3, it is basically difficult for bank loans.