Hello, it will take about five years.

I suggest you find out about spending money on Xiaoman. After all, borrowing money on Xiaoman platform is convenient and easy to use. Du Xiaoman's credit service products have money to spend, providing users with safe, convenient, unsecured and unsecured credit services. If you borrow money, you can go to Xiaoman APP (click on the official measurement). The daily interest rate of money consumption loans is as low as 0.02%, and the annualized interest rate is as low as 7.2%. It has the characteristics of simple application, low interest rate, fast loan, flexible loan repayment, transparent interest rate and strong security.

I would like to share with you the application conditions for consuming products with money: it is mainly divided into two parts: age requirements and information requirements.

1. Age requirement: 18-55 years old. Special note: if you have money to spend, you refuse to provide installment loans to students at school. If you are a student at school, please give up the application.

Information requirements: You need to provide your second-generation ID card and your debit card during the application process.

Note: the application only supports debit cards, and the application card is also your loan bank card. My identity information needs to be the second-generation ID card information, and cannot be processed with temporary id card, expired ID cards or first-generation ID cards.

This answer is provided by Youhuahua. Due to objective reasons such as the timeliness of the content, if the answer content is inconsistent with the actual interest rate calculation method of Youhuahua loan products, the display on Xiaoman APP- Youhuahua Loan page shall prevail. I hope this answer is helpful to you.

How long will long-term borrowing eliminate overdue?

Multi-head lending means that borrowers apply for multiple small loans at the same time, and the overdue risk of such users is 3-4 times that of ordinary users. Long loans overdue recorded in the People's Bank of China will not be eliminated until five years after the lender settles the overdue amount. It takes about 1 year to eliminate overdue records when multi-head loans overdue records are entered into credit information on the network.

First, generally speaking, if there are more than three lending institutions on the borrower's credit report, this is a typical long-term lending. The risk of long-term borrowing is great, which shows that the borrower's current economic strength is not good, he is in urgent need of loan turnover, his repayment ability is not very good, and he is suspected of supporting loans with loans. Therefore, if you apply for bank loans and credit cards, it is recommended to solve the problem of multi-head lending before applying, otherwise the chances of being rejected are very high. This requires borrowers to settle loans on the credit platform. If it cannot be settled in full, try not to default on more than three lending institutions.

Second, it should be noted that the settlement of long-term loans does not mean that the loan records will be eliminated. Because only overdue records can be eliminated, if the loan platform is overdue, the overdue records will be automatically eliminated after 5 years from the date of repayment. However, the normal loan record will still be displayed in the credit report, but the status of the settled loan will be displayed as settled.

Third, the bank is not overdue. As long as the multi-head loan is settled and does not disappear, it doesn't matter. After all, the debt is paid when the borrower has no repayment ability, and the corresponding risk is small, so it will be easier to give loans to the borrower.

Fourth, applying for multiple small loans at the same time will lead to long-term borrowing and economic problems. Generally, such users are prone to overdue. If your Internet lending platform will report the credit information, the record of multi-head lending will remain in your credit information report and will be automatically eliminated after paying off the platform debt for five years. If there is no credit information on the lending platform, as long as the loan is paid off, it will be eliminated. Therefore, if you have a long-term loan, you must stop lending again and pay off the arrears in time. If you need to pay more interest after the deadline, it will cause unnecessary pressure.

How long will the online loan record be eliminated?

1. Generally, the credit record will be updated after one month, which means that it will show that your online loan has been paid off after about one month.

2. If you only applied for one loan and didn't apply for other loans at ordinary times, you can wait 1 month before applying for a loan. Loans that are not particularly strict generally have no impact.

3. If you want to wait for the online loan application record to be eliminated, it will take about 5 years before the previous record will be overwritten.

Extended data

1. How many months of inquiry records does the credit report show?

As mentioned earlier, there are many types of credit records, and different types have different display times:

1. Credit information records the basic information handled by the lender, including loans, credit cards, guarantees, etc. , will always be displayed in the credit report.

2. Overdue record refers to the record that credit business such as loans or credit cards fails to repay on time, and it will be displayed for 5 years after the termination of bad behavior.

3. Public records refer to payment information such as social security and provident fund, which will show the records of the last five years.

4. Inquiry record refers to the record left after inquiring about the credit report, which will display the inquiry records in the last two years.

Second, does the inquiry record have an impact on the credit investigation?

1 certainly has an impact, but it should be analyzed according to the type of query record.

2. Query records can be subdivided into soft query records and hard query records. Among them, personal inquiry and post-loan management belong to soft inquiry records, which have little influence on credit investigation and can be basically ignored; Hard query records include loan approval, guarantee qualification examination and credit card approval. Too many times in a short period of time will make credit investigation a flower.

Three, seven important contents of personal credit report

1, white household of credit investigation

Generally, after graduating from college, people will start to contact financial services more or less, such as credit cards, mortgages, car loans, mobile phone credit loans and so on. Credit reports began to appear. If your credit report is not recorded, the bank can't know the credit record, overdue record, etc. From your credit report, it seems clean, but the risk is unknown.

2. Expired records

This is familiar to everyone. Never leave an overdue record on the credit report. Don't have "three consecutive days for six consecutive days", that is, it is overdue for three consecutive months within two years, or there are six overdue records. Once overdue records appear, it will take five years for the arrears to be eliminated naturally after they are paid off.

3. Bad debts

Bad debts, that is, accounts that have passed the repayment period and cannot be recovered after collection, are in a state of sluggishness for a long time, which is a serious breach of contract, more serious than overdue. If you don't handle it all the time, you will become a bank loan user.

4. The debt ratio is too high.

Some people think that they have no overdue records, but they don't know that high debt ratio is also a disguised "bad credit". Banks will focus on the current credit card usage and the average credit card usage in the past six months. Therefore, if there is demand for mortgage and bank loans, pay attention to your credit card credit at least three months in advance.

5. Online loan records

At present, a number of licensed online loans have been involved in credit investigation, and more products will join the ranks of credit investigation in the future. A series of products such as white strips, flower buds, borrowing buds, micro-loans and Wanda loans are used moderately to avoid affecting credit reporting.

6. Number of institutional surveys

Credit card approval, loan approval and guarantee qualification examination have a certain impact on credit reporting. It is recommended not to inquire more than five times within six months, otherwise it may affect loan approval or credit card account opening.

7. Spouse credit report

The new version of credit information will be launched soon. It is said that your spouse's credit information will also be displayed in your credit report. When applying for a loan while married, the credit status of the spouse is also one of the important factors.

How long can long-term credit be restored?

Three months.

Generally speaking, it takes three months to eliminate and restore the multi-head credit line. Credit card multi-head credit can be cancelled by canceling credit cards, and loan credit can be cancelled by clearing debts. According to the total number of credits, a part can be reduced and multiple credits can be eliminated. When applying for a credit card or loan again, the bank or lending institution will take the data of the last three months, which requires the lender not to borrow new loans and maintain a good credit record.

Multi-credit refers to handling credit business in more than two banks or financial institutions, which will lead to excessive accumulated credit card limit. Excessive credit, credit cards and other loan products are the reasons for more credit business. There are certain risks in multi-head credit granting. Under unexpected circumstances, some credit card users think that multi-head credit granting is not a big problem, but banks don't think so. It is important to know that multiple credit lines will lead to excessive accumulation of credit lines for cardholders. Once the cardholder is unable to repay after a large amount of overdraft, it is prone to bad debts and bank funds may not be recovered. Therefore, considering the risks, banks will not easily approve the cards or loans of multiple credit applicants.

What are the solutions to multi-head credit?

1. If it is due to credit card authorization, it must be cancelled by canceling the credit card.

However, credit card cancellation is not arbitrary cancellation. First, cancel useless credit cards, then cancel small cards, and then cancel those credit cards that are difficult to recover. Here is a warm reminder that the credit cards of the four major state-owned banks are best kept well, because most banks will play a role in handling auto loans and mortgages.

2. If it is because of the multi-head credit extension of the loan, it is necessary to settle the loan.

It is suggested to start with some online loans, such as ant loan and JD.COM loan. Used for credit reporting, so use less. Remember to ask financial institutions to issue a loan settlement certificate after the loan is settled, and some banks will ask for it. The above content is about the meaning of multi-head credit and the solution of multi-head credit. For individual investors, the risk of multi-head credit will affect financial activities such as loans and credit cards in the later period and hinder individual economic activities.