Hello, revolving loan will not affect personal credit. After users apply for revolving loans, as long as they repay on time, only normal credit information will be recorded in the credit information, which will not affect personal credit information. Moreover, users are overdue, and overdue records will affect personal credit information. Therefore, users must pay attention to repayment on time when using revolving loans.

Failure to repay on time has caused overdue, so users must repay as soon as possible, otherwise the negative impact of overdue records will be amplified, and subsequent users will not be able to handle other credit businesses.

Revolving loan means that customers can get a certain loan amount by mortgaging their commercial houses to banks. During the mortgage period, customers can withdraw money for recovery. When the single payment does not exceed the available amount, the customer only needs to fill in the withdrawal application form without special re-approval. Generally, you can withdraw cash at 1 hour, which is equivalent to carrying a safe and convenient mobile "vault" with you.

Advantages of revolving loan:

1. Fast use of funds: once approved, it will be repaid with the loan within the validity period, and the handling bank of a single loan within the maximum amount has the right to be directly approved by the approver, which is quick and convenient.

2. Interest rate concessions: because of the cycle, short-term loans, long-term loans, short-term interest rates and loans within the revolving line can be realized. For consumer purposes such as decoration, it can be lowered by up to 10% on the basis of the benchmark interest rate.

3. Long credit period: the credit period can be up to five years, and you can continue to apply after the expiration.

4. Long term of a single loan: the longest maturity date of a single loan can reach 30 years.

What is a loan?

Loans refer to the monetary funds provided by state commercial banks and other financial institutions to borrowers to repay the principal and interest at the agreed interest rate and time limit. Loans can be divided into short-term, medium-term and long-term loans, credit and secured loans according to whether there is guarantee or not, rural industrial and commercial loans and consumer loans according to loan objects and purposes, and personal housing commercial loans, personal housing provident fund loans and personal housing portfolio loans according to individual loan types.

In accounting treatment, the loan of an enterprise can be accounted for by "short-term loan" or "long-term loan" according to the length of the loan period, and then the loan interest can be accounted for by "interest payable".