Whether online loans will affect provident fund loans should be comprehensively judged according to the purpose/amount/term/number of online loans. Details are as follows:
1. Use online loans. Provident fund loans require users to have good personal credit. Therefore, if the online loan is used normally and repaid in full and on time, it will not affect the provident fund loan. A good repayment record generated by online loans is conducive to improving personal credit. If the online loan is used for illegal purposes such as investment and wealth management, or overdue, it will generate bad credit records on personal credit information, resulting in bad personal credit and failure to successfully apply for provident fund loans.
2. the amount of online loans. Provident fund loans require users to have the ability to repay in full and on time. If the online loan amount is moderate, repayment in full and on time will not have a negative impact on the provident fund loan. If the amount of online loans is high and the debt ratio of online loans exceeds 30% of personal income, it will lead to high debts, and the provident fund management center will think that users may not be able to repay in full and on time, thus refusing to provide provident fund loans to users.
3. Term of online loan. Provident fund loans will require borrowers to have good property qualifications. The online loan records that have been settled and not overdue will not affect the provident fund loans. If there are outstanding online loans under the user name, or high online loan records are added within half a year, the provident fund management center may determine that the borrower's property qualification is unstable/there is a great repayment risk, which will affect the application rate of provident fund loans.
4. The number of online loans. If the number of online loans by users is small, and the number of online loans is no more than three times within half a year and all of them have been paid off, such online loans will not affect the provident fund loans. If the number of online loans is increased, it will increase the number of inquiries about your own credit report, which will lead to personal credit reporting becoming bad and affect the application for provident fund loans. Online loan products that are normally used and repaid in full and on time, or online loans that have been settled and have no overdue records, generally will not adversely affect provident fund loans. In the application and use of online loans, it is suggested that the amount should not be too high/not too many times/repay in full and on time to maintain good personal credit.
Therefore, whether online lending will affect the problem of provident fund loans mainly depends on the specific situation and carries out specific analysis. However, users should apply for loans according to their personal needs and repayment ability to avoid excessive borrowing and eventually unable to repay.