Internet loan overdue credit is generally 5 years automatically eliminated.
Two, specific analysis
1, the general online loan late record, usually from the date of late arrears to pay off the date, 5 years after the credit system will automatically be eliminated.
2, if the overdue has not been dealt with, then the overdue record will always be shown on the credit record, time will be considered to be the amount of money that can not be recovered, it will become a bad debt, bad debt is not a serious credit stain, bad debt in the repayment of the overdue but also to contact the lending institution to change the bad debt to overdue, and then it is only after 5 years to restore the credit.
3, if not caused by the borrower's subjective reasons for the late record, such as the loan platform system expires without deductions, or the platform to the account delay caused by the late record, the borrower can provide relevant evidence and apply for the loan platform to restore credit.
The late credit record caused by the borrower's subjective reasons is not supported by artificial whitewashing, so the borrower should not go to the intermediary who said online that they can help to repair the credit, so as not to be deceived.
You can apply for a loan before you go on: small seven letter check, check your credit status, if the credit is not good, hold off for a while, and so the credit risk score is not high, the stain is almost no when you go to apply, it will be easier to pass.
Three, applying for online loans with insufficient comprehensive score how to recover?
If the comprehensive score is insufficient, it is recommended that users hold off on applying and do not try to borrow again in a hurry. Repeated operations will not only fail to get their loan requests approved, but also tend to increase the likelihood of being rejected.
The first thing a user should do is to find out which aspect of their creditworthiness is the cause of the lack of scoring (you can directly consult with the lending bank/lending institution, the platform's customer service), and if the other party is unable to tell you, you can go to play a credit report and check your own big data in the big data platforms such as Pei Tip Speed Check and Xiao Qi Xin Cha to find out the cause of the problem, and then take the appropriate measures to solve the problem, and then you can try again. problems, and then you can try to borrow again.
If you've been found to be in debt, it's recommended that you pay off your debts or try to pay back more to reduce your personal debt ratio before borrowing again. The first thing that you need to do is to get a good deal of money from the bank, and then you can get a good deal of money from the bank," he said.
And if it turns out that you have bad credit, bad information in your big data (credit), such as a late payment record from a previous failure to pay on time, then you have to pay off what you owe, and then be patient and take the time to build up your credit, and then you can only borrow again when you have repaired your damaged credit (which we recommend you do in three to six months).