Many ordinary people want to buy a house, and they are under great pressure. They can only choose to buy a house with a loan, live first and pay the mortgage slowly. However, it is not so simple to buy a house by loan, and banks also have strict requirements on the comprehensive qualifications of borrowers. Can I borrow money to buy a house after the credit information is eliminated? Everyone should be clear about the requirements of credit information when buying a house!
Can I borrow money to buy a house after the credit information is eliminated? After the bad credit record is eliminated, you can of course buy a house. The general bank will judge the credit information of the lender from three aspects in the credit report, one is the credit record, the other is the public record, and the third is the inquiry record. Among them, the credit record must not be overdue before the loan, and it cannot be overdue for three or six times in two years, otherwise it is a non-compliant credit; Public records cannot have tax evasion records, enforcement records, etc. The inquiry record depends on the short-term times of three types of hard inquiry records: loan approval, guarantee qualification examination and credit card approval. According to the regulations, the retention period of personal bad information by credit reporting agencies is 5 years from the date of termination of bad behavior or incident, and it should be deleted if it exceeds 5 years. In other words, after the borrower pays off the overdue loan, the bad credit record will be eliminated after five years. There is only one way to eliminate bad credit records. Personal credit report objectively shows the user's repayment record, and the user pays off the debt. Personal credit report will show paid-off records, but negative records such as overdue records that did happen before cannot be deleted or modified. The above is the related content sharing of "Can I borrow money to buy a house after the credit information is eliminated?". I hope I can help you!
2. If I have bad credit, can I still get a loan?
Mainly depends on the overdue situation. You can't apply for a loan if your credit card is overdue. And "three times in a row, six times in a row" means that you can't apply for a loan if you are overdue for three months in a row and have been overdue for six times. Moreover, the bank also requires that if the credit card has been overdue for 90 consecutive days in the past six months, or for 60 consecutive days in the past year, you cannot apply for a loan.
However, banks have strict credit records for applicants. If the bank can't apply, you can apply to a local loan company. The loan company does not have high requirements for the applicant's credit record, mainly to examine whether the applicant has sufficient repayment ability.
3. Can I get a loan after the bad credit is covered?
No, because being covered is equivalent to being blacklisted.
4. One of the couples in Dalian, whose bad credit record has been covered, can apply for provident fund loans? What is the maximum allowable amount? What's the minimum?
Overdue loans will definitely affect, but not all of them are serious. If it is not serious, the amount is generally 10 times the balance of your housing provident fund account. If the account balance is less than 20,000, it shall be calculated as 20,000.