Credit investigation is carried out by the bank, and the related business of actual loans is handled by the bank, and the credit investigation is also audited by the bank. The provident fund center only checks some information and approves provident fund loans. In addition to credit investigation, such as loan term, liquidated damages, early repayment restrictions, etc. It was all negotiated with the bank, and the loan contract was also signed with the bank.

What is the impact of credit reporting on buying a house?

1. Banks that are seriously overdue may refuse to lend.

There is information about personal overdue in the current credit report. If you buy a house with a loan, the bank will check your overdue records. If it is overdue for three times in a row, your application for housing loan will be rejected with great probability. The so-called "three times in a row, six times in a row" means that you have a loans overdue for more than 90 days, that is, three periods, and the accumulated overdue is more than six times.

If your credit report is overdue, but the frequency and time are short, it is possible for the bank to issue loans under other conditions that meet the requirements of the bank, but your down payment ratio will increase and the loan period will be shortened. Here, it is necessary to remind buyers to develop the habit of timely and full repayment.

If the debt ratio is too high, the bank may refuse the loan.

The current credit report will show the total amount of your loan. The bank can calculate your debt ratio through this data, the income certificate you submitted and the running water of the bank. If your debt ratio is too high, your application for housing loan may also be rejected. In addition, there is information about the guarantee in the credit report. If you vouch for others, this fee will also be included in your debt. It is recommended not to guarantee loans for others easily. Once there is a problem, it may affect your life.

3. Banks with other bad records may refuse loans.

In the credit report, court judgments and execution records will also be involved. Of course, if these contents do not involve economic disputes and the cases are small, banks will pay less attention to them. If the circumstances are serious or involve economic disputes, the bank will judge that you have major credit defects and want to apply for a loan to buy a house? Then give up.

4. If the institution asks too much, the bank may refuse the loan.

There are also inquiry records in the credit report, in which the amount inquiry refers to the credit investigation conducted by banks or other lending institutions on property buyers. This record reflects the applicant's loan application record in recent years. If there are too many inquiries, the bank may refuse the buyer's loan application.