Generally speaking, it is not allowed to make provident fund loans if the credit information is not good, but it still depends on the specific situation. Under any of the following circumstances, provident fund loans may not be issued:

1. The provident fund loan applicant or married person has overdue loans.

2. The applicant's credit card and credit card overdraft are overdue.

3. In the last two years, the applicant has been in loans overdue for six or more periods.

"Housing provident fund loans" Article 2 loan conditions:

1. Valid identification of the borrower and its spouse;

2. It is stipulated that the down payment has been paid, the down payment loan amount = the total house payment, and the house payment has not been paid;

3. The borrower has paid the housing provident fund continuously, on time and in full for more than 6 months (inclusive) after opening the deposit account, and has not paid it for more than 4 consecutive months recently;

4, the family income is stable, good reputation, the ability to repay the loan principal and interest;

5. Agree to provide loan guarantee approved by the Housing Provident Fund Management Center;

6. The borrower and spouse have no outstanding housing provident fund loans or large debts.

Does credit information affect provident fund loans?

Bad credit records left in the central bank's credit report will make it difficult to apply for loans, which is not conducive to the approval of loans and credit cards, and the loan interest rate may be higher.

Local housing provident fund management centers have regulations on whether credit records affect provident fund loans in line with local actual conditions, mainly in the following three situations:

1. After the bad credit record exceeds a certain standard, you cannot apply for provident fund loans;

2. As long as you meet the conditions for provident fund loans, you will be eligible for provident fund loans. The credit rating of provident fund loans is evaluated according to individual occupation, deposit base and provident fund balance;

3. Increase the down payment ratio or loan interest rate according to personal credit qualification.

The specific situation still needs to consult the local housing provident fund management center. Buying a house will consume a large part of the family's funds, and loans can still be saved.

Extended data:

What are the conditions for housing provident fund loans?

Apply for housing provident fund loans need to meet the following conditions:

The applicant has reached the age of 18 and has full capacity for civil conduct;

Personal credit is good, and there are no bad information records in the credit report (mainly reviewing the credit information in the past two years);

Have a legal and stable source of economic income and the ability to repay the principal and interest of the loan on time;

In the local area, the housing provident fund has been paid in full and on time for six months or more, and the provident fund account is in a normal state of payment;

Have not applied for provident fund loans or the loans have been settled (note that those who have applied for provident fund loans must pay off the loans before they can apply for new provident fund loans; If you have applied for provident fund loans twice, you can't apply for provident fund loans regardless of whether the loans are settled or not.

If the credit is not good, can the provident fund loan be loaned? number

People with poor credit information cannot apply for provident fund loans. Provident fund loans are conditional and need to meet the following requirements:

1. Only employees who have paid provident fund can apply for personal provident fund mortgage;

2. Pay the provident fund for at least half a year before applying for a loan;

3. If one of the husband and wife fails to pay off the provident fund mortgage, they cannot apply for the provident fund loan again;

4. Employees applying for provident fund should pay off other debts in addition to reliable income and repayment ability;

5. The term of the provident fund loan cannot exceed 30 years.

The above is the relevant content that you can borrow provident fund loans if your credit is not good.

How to use provident fund loans

1. Users bring relevant materials to the bank to submit loan applications. The materials they need to carry include personal provident fund payment certificate, ID card, etc.

2. After the bank reviews the user materials, it submits them to the Housing Provident Fund Management Office for a second review, and the Personal Provident Fund Management Office will notify the bank of the results after the review;

3. The bank informs the user to go to the bank to handle other loan procedures and sign a loan agreement. At the same time, users need to use the house as collateral;

The bank should pay according to the contract.

How long can the provident fund loan be repaid?

In China's financial system, the time for issuing provident fund loans is generally about half a month after applying for loans. If you want to mortgage personal provident fund, users need to apply to the bank first, and then the bank will submit the application report to the municipal provident fund management center for review. If approved, the municipal provident fund management center will issue the examination and approval results to the bank.

Benefits of provident fund

1, exempt from personal income tax;

2. Low loan interest rate;

3. Assets can be doubled;

4. Pension: After the user retires, he can withdraw the balance of housing provident fund at one time with relevant supporting materials;

5. You can repay the mortgage in advance;

6. Withdrawal in advance: Employees can withdraw the housing accumulation fund in advance when they have difficulties in purchasing, building, moving and maintaining their own houses and family life.

This article is mainly about the knowledge of bad credit reporting. Can provident fund loans be used for loans? The content is for reference only.