The long-term risk of credit information refers to the borrower's long-term borrowing. If the borrower is unable to repay the loan after generating a large amount of overdraft, it will make the lending institution encounter the risk of bad debts. Multi-head lending is the demand behavior of users to borrow from two or more financial institutions. Because the repayment ability of users is limited, the risk of long-term borrowing is high. The above is the meaning of long-term credit risk.

How to judge bad credit?

1. Credit information includes overdue records: overdue records are taboo in credit information and must be known to all users. Once a user's credit report has overdue records, it means that the user's credit status is not particularly good. The more overdue records, the worse the personal credit status;

2. Credit blank: Although there can't be any bad records in credit, there can't be any records in credit. General banks or lending institutions check users' credit information in order to judge users' credit status through their personal credit records, but the credit information is blank, there is no reference data, and it loses the value of discrimination, which is also the reason why credit white households are not good at lending;

3. Credit information includes frequent loan records: if there are often loan records in the credit information report, there are too many credit cards, and each card is overdrawn, then it is not a good credit information. Banks or lending institutions will think that users are short of money and the economic situation is not very good, and it is also difficult to borrow such credit information;

4. Frequently check credit information: If a user's credit information is often checked by banks or lending institutions, it also means that this user has applied for more loans and the credit information is chaotic. Such a thing will also be considered by the examination and approval authority that the user's own situation is not very good.

What's wrong with credit reporting? Can't I apply for a mortgage?

Under normal circumstances, employees or their spouses have bad debts, write-offs and freezes caused by serious credit card dishonesty in the personal credit information system, and they are listed in the list of people who have been executed for dishonesty, providing guarantees for third parties other than husband and wife, but they have not settled, and loans overdue or the guarantor repays, the credit card is overdue, each loan or credit card is overdue for more than 6 periods, and the accumulated overdue repayment of loans and credit cards exceeds 24 periods. The bank will reject the applicant's application for housing loan or reduce the loan amount. This paper mainly writes about the meaning and related knowledge points of long-term credit risk, and the content is for reference only.