What kind of personal credit can't be loaned?
1, overdue
If a user has a record of overdue loans or credit cards on his personal credit information, it is a serious credit stain. If he applies for a loan from any financial institution, he will be assessed as a high-risk customer. If the overdue record on the user's personal credit report reaches the point of "three consecutive tired six", the application for loans from most financial institutions will basically be rejected.
The overdue records of credit information cannot be eliminated artificially, and it takes five years for the borrower to pay off the loan before the overdue records can be completely covered.
2. The debt ratio is too high.
Many users have no overdue records in their personal credit reports, but they are still rejected by banks for loan applications. This is because the user debt ratio is too high. The calculation method of debt ratio is simple. Average the borrower's income with the loan amount. If the borrower's debt exceeds 50% of income, the debt ratio is too high.
Some banks will require borrowers to have a higher debt ratio, which cannot exceed 30% of their income. If the borrower's debt ratio is too high, you can find ways to submit other asset certificates to reduce the debt ratio.
3. Too many times of being queried
Personal credit inquiry can be divided into active inquiry and passive inquiry. It doesn't matter if the borrower takes the initiative to inquire. If a user's personal credit report is inquired by other financial institutions many times, it belongs to "credit investigation". Many financial institutions will not approve loans to users who spend money to buy credit information.
The above is the sharing of "what kind of personal credit can't be loaned", I hope it will help everyone!