The analysis is as follows:

1. Why does a late online loan affect credit?

Because some of the online loan late will be reported to the credit system, the bank to give you a home loan will query your credit report, see your credit is not good, have done the network has a late, the home loan will be very difficult to approve through. There are some online loans that are not creditworthy and have no effect on your credit when they are overdue. The bank will give you a home loan mainly based on your credit and bank current to approve. The most important thing to remember is that you can't be sure that you're going to be able to get a good deal of money from the bank. The fact is that the most important thing is that you have to be able to get a good deal of money from the bank to get a good deal of money.

2. How do you determine if an online loan is creditworthy?

Several ways to judge:

First, direct Baidu query, because the same question has been asked by many people, Baidu can basically find the answer;

Second, go to the People's Bank of China to print a copy of the credit report, the general credit of the online loan is about half a month of your use of the report on the credit, so you are the online loan approved half a month to query the most accurate, compare the amount of money you applied for, and the amount of money you have to pay for the loan, and the amount of money you have to pay for the loan.

This is the first time that a person has to go to the hospital to get a medical checkup, but it's not the first time that a person has to go to the hospital to get a medical checkup.

3. What if you are late with your online loan?

First of all, you have to make sure that it is not creditworthy, if you meet the creditworthy, the interest rate is super expensive kind of usury online loans, such as borrowing 1,000 to 800, half a month to pay back 1,000 of the kind, you can try to negotiate less interest.　Most of these kinds of online loans are not compliant, the interest rate is far more than the interest rate protected by law, you have the right to refuse to repay the part that exceeds the law. At present, our country stipulates that the interest rate of cash loans and online loans should not exceed 36%, and many platforms have exceeded this figure. If the online loan is on the credit, the interest rate is usually not expensive, usually from large companies, you must do everything you can to pay back on time, to prevent credit delinquency, affecting your credit history.

4. How do I get rid of a bad record if I'm late?

Many people know that bad records can't be eliminated voluntarily after they are overdue, and they usually disappear automatically after 5 years, because the central bank's credit system records a person's credit history for a maximum of 5 years, and can't be found before 5 years. It should be noted that only after the overdue, continue to maintain good repayment, after 5 years so that the credit record will remove the overdue. If you are a credit card overdue, and then cancel the credit card, after 5 years this record can not be eliminated, will remain in your credit system. So don't be in a hurry to cancel your credit card if it's overdue, or this bad record will stay with you for life! It is worth noting that some people owe the bank money, may be a relatively small amount, and did not pay, the bank did not call, do not be too happy, your credit will directly show that the amount owed for bad debts, all the banking business can not be done!

5. Can I get a mortgage if I'm late?

It's not that overdue 100% can't get a mortgage, generally 2 years ago, as long as the overdue record is not too serious, the impact is not too big, 2 years within the occasional one or two times overdue is not much impact, frequent overdue, time more than 3 months overdue on the mortgage will have a relatively big impact. In addition, whether the home loan can be successfully processed, but also depends on my bank current, income, debt situation, etc., the bank will be a comprehensive assessment of the consideration.

Expanded:

P2P lending, or online lending, refers to direct lending between individuals and individuals realized through the Internet platform. It is a subcategory of the Internet Finance (ITFIN) industry. The number of online lending platforms grew rapidly in the country in 2012, with around 350 more active ones so far, while the total number has been 3,054 as of the end of April 2015...?

Since June 2018, the P2P lending industry has been in an eventful period, with the number of P2P platforms in trouble increasing significantly in July.

On August 8, 2018, the National Mutual Funds Rectification Office issued the Notice on Reporting Information on Borrowers Evading Debt on P2P Platforms (hereinafter referred to as the Notice) to the provinces (autonomous regions and municipalities directly under the central government) and the Shenzhen Mutual Funds Rectification Office, which required the P2P platforms to report information on the old scoundrels as soon as possible.

Baidu Encyclopedia: Internet Lending