If you owe a credit card (debit card), as long as you meet the application conditions for decoration loans, then users can apply for decoration loans. User's credit card (debit card) is in arrears. As long as there is no overdue record, the arrears of credit cards (credit cards) will not affect users' subsequent application for other loans. Of course, whether users can pass the examination of decoration loans depends on the final result.

Users must pay attention to repayment on time when they repay their credit cards (debit cards). As long as they repay the loan on time, the subsequent loan application will not be affected.

Can I approve the decoration loan credit card with arrears? It will be clear after reading it.

Many people borrow money to buy a house and have no money to decorate it, so they will apply for a decoration loan from the bank, but their credit card debts have not been paid off, for fear of affecting the approval of the decoration loan. Then, can the decoration loan credit card be approved in arrears? Let me introduce it to you here. It is understandable to have similar questions.

Can I approve the decoration loan credit card with arrears?

Borrowers who owe money on credit cards can approve renovation loans, but it depends on the amount owed. After all, for banks, if the borrower owes too much, the debt ratio is too high, and the lending risk is great. Loans to such people are easily overdue, and banks will increase the bad debt rate if they can't recover the money.

For this reason, it is suggested that the borrower should check the personal credit information before handling the decoration loan to see if the debt ratio, including credit card debt, reaches 50% of the income. If so, he should be careful in lending, and he has sufficient funds in his hand. It is best to pay off the credit card debt first, and then apply for a decoration loan.

Note that if the credit card arrears are overdue, even if the borrower pays off the arrears, it will still be unable to apply for a decoration loan in the short term, because the overdue record will be eliminated after five years, especially for three consecutive years in two years, and the borrower must keep the credit information for at least two years before lending for decoration.

By the way, if the borrower owes less credit cards, but has multiple credit cards, it will involve multiple credit lines and will also affect the approval of decoration loans. After the borrower pays off the credit cards with small debts, he can consider canceling some useless credit cards, reducing the credit of credit cards, and then applying for renovation loans.

The above is "Can I approve credit cards for renovation loans?" I hope it will help everyone.

Can I apply for a decoration loan for credit card (debit card) arrears?

Credit card (debit card) can apply for decoration loan, but the status of credit card (debit card) cannot be overdue at present, or it is overdue for three consecutive times or six times in two years, and the decoration loan will be rejected because of credit failure. In addition, all liabilities including credit cards (debit cards) in the credit investigation should not be too high, and they are all personal liabilities of the applicant. If the debt is high and the loan risk is high, it will increase the difficulty of applying for decoration loans. In a word, using credit card (debit card) will affect the application for decoration loan, so you should think carefully before handling it.

Can I borrow money to decorate my credit card? Why was it rejected?

Major banks have launched decoration loans for mortgage customers, and many people who have no money to decorate after buying a house can apply. Of course, after the decoration loan application, it must be approved by the bank before lending. Many people worry that credit card arrears will be rejected by banks. Then, if I owe my credit card, can I still get a decoration loan? Let's have a look.

Can I borrow money to decorate my credit card?

Decoration loans do not require borrowers to be in debt. If they owe credit cards, they can also apply for decoration loans. However, the decoration loan can be found in the credit card records, or it should be analyzed in combination with the credit card arrears and repayment.

1. If the credit card is overdue, the personal credit of the lender will deteriorate and the circumstances will be more serious. For example, it is difficult to repair the credit information of black households with bad debts and compensation records in a short period of time, and lenders cannot apply for decoration loans.

2. There are many credit card debts, especially if the credit card is divided into tens of thousands or even hundreds of thousands, which will seriously distract the lender's repayment ability and lead to the lender being listed as a high-risk customer by the bank. It's also difficult to get a decoration loan without paying off the credit card debt.

However, if the credit card debt is not overdue and the money owed is not much, the reason why the decoration loan cannot be done may not be the credit card, but other problems.

1. Insufficient information provided: there are credit loans and mortgage loans for decoration loans, but they all need to go to the bank to provide sufficient information proof, in addition to the lender's valid ID card, renovation contract, income certificate, work certificate, etc. The bank shall provide any information it requests to ensure that the information is true and valid.

2. The house bought does not meet the requirements: most renovation loans are only for new houses. For example, if you buy a second-hand house, you may not give a decoration loan because the house does not meet the requirements.

The above is "Can I still get a decoration loan if I owe a credit card?" I hope it will help everyone.