What circumstances affect credit reporting?
1, credit card overdue
It is common in our daily life that credit card overdue repayment affects personal credit information. Using credit cards has become everyone's living habit. However, if the credit card is overdue for many times or the overdue repayment amount is large, or the personal loan and student loan applied for during college are not paid off in time within the prescribed time limit, personal mortgage and car loan will be affected.
2. Arrears of bank loans
If the borrower has successfully obtained a loan from the bank, if it fails to repay the loan in full and on time as stipulated in the contract, it will leave a credit stain and it will be more difficult to apply for a house loan again.
3. Being a guarantor leads to a stain on credit information.
If the buyer provides a guarantee for a third party, the third party fails to repay the loan on time, which will also lead to a stain on the guarantor's credit information.
4, debt is too high
The bank will also check the borrower's debt when approving the loan. If the personal debt ratio is high, reaching more than 70% of personal income, banks will question their repayment ability and it is difficult to apply for loans.
What should I do if there is a problem with the husband and wife loan to buy a house?
According to the current regulations of banks, credit investigation has always been an important part of loan investigation. The quality of credit information determines whether you can get a loan or not. If the husband and wife borrow money to buy a house, the bank will conduct a credit investigation on both husband and wife. If one of them has a bad credit record, it will affect the loan application. If one of them has serious credit problems, such as three or six accumulated overdue loans in two years, the bank will refuse to lend.
However, if one of the spouses has problems with credit reporting, such as non-malicious overdue, he can explain the situation to the bank and issue a non-malicious debt certificate. Under normal circumstances, loans can be made, but the loan amount may not be that high. If you want to get a higher loan amount, you can also find someone to guarantee it.