How many times overdue can you apply for a bank loan?

As we all know, loan requirements from banking institutions are much stricter than those from other commercial institutions. The borrower is not only required to have a stable job and income, but also has a good credit record. However, if you have bad credit, it will be useless no matter how much you earn. So, how many times will your credit be overdue before you can apply for a bank loan?

According to bank regulations, if a borrower has overdue credit 3 times in a row or 6 times in total within two years, he or she will not be able to apply for a bank loan. After verification by the bank, you can also apply for a loan.

However, generally speaking, personal credit reports will only record the borrower’s credit status in the past two years. If the borrower has a bad credit record, there is no need to worry too much, as long as it remains good in the future. To improve your credit record, overwrite the old record with a new one. After a period of time, the bad record will disappear.

We would like to remind everyone that personal credit records have become more and more important in our lives. Borrowers also need to maintain a good credit record to prepare for applying for loans again in the future. If some friends who cannot meet the bank loan requirements want a loan, they may consider some formal online loan platforms. The threshold of these companies is not as high as that of banks, and they can obtain loans more quickly.

Can I apply for a loan if my credit card is overdue for more than several times?

When most banks handle loan business, personal credit record is an important reference indicator, but they will not "beat the user to death" just because a credit card is overdue and does not repay.

When banks evaluate loan applicants, in addition to evaluating the repayment ability and loan purpose, banks will certainly focus on evaluating the applicant's personal credit. However, each bank has different standards for "how many times the loan is overdue".

Generally speaking, if the total number of overdue items reflected in the credit report does not exceed 6 times, and the overdue items do not exceed 3 times in the past year, the bank will consider that there are no serious problems with the credit record. If the applicant has no loan overdue record and only has one or two overdue credit cards, such a credit report will not have a serious impact.

However, if it is currently overdue, that is, a credit card happens to be overdue when applying for a loan, even if the credit was very good before, the current overdue impact on the loan application will be very serious, and it is usually impossible to obtain a loan.

It can be seen from the above that if a credit card is overdue, it does not necessarily mean that you cannot get a loan. As long as the borrower has good repayment ability and the number of overdue loans does not exceed the bank's standards, you can still get a loan. Therefore, if you want to get a smooth loan, you must pay attention to your credit, use your cards carefully, and develop good card usage habits.

The number of overdue periods on a credit card can be divided into three situations: the current number of overdue periods, the cumulative number of overdue periods, and the highest number of overdue periods. The details are as follows:

1. The number of overdue periods in the current period: refers to the current number of overdue periods. The number of times the minimum repayment has not been paid in a row. For example, if the cardholder has not repaid for 3 consecutive months, or the repayment amount for 3 months is lower than the minimum repayment, then the current number of periods is 3 times;

2. Cumulative overdue times: Each time the cardholder is overdue, it will be accumulated once. For example, if the cardholder is overdue in the first month, repays on time in the second month, and overdue again in the third month, then the number of overdue payments is 2.

3. Maximum number of overdues: the historical maximum number of current overdues. For example, if the cardholder’s current maximum number of overdues from January to October is 5, then the maximum number of overdues will be 5.

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How many times are the loans overdue?

Loans are overdue: According to bank regulations, the borrower has appeared 3 times in a row or 6 times in total within two years. If the loan is overdue, you will not be able to apply for a bank loan.

If the borrower is only occasionally overdue and pays off the debt within a short period of time each time, it is still possible to apply for a loan.

Moreover, the personal credit report will only record the credit information of the borrower in the past two years. If the borrower has a bad credit record, there is no need to worry too much. As long as the borrower maintains a good credit record in the future, he will overwrite the old record with a new one. , after a period of time, the bad records will disappear, and you can go to the bank to apply for a loan.

How many times are your credit reports overdue and you cannot get a loan? Each lending institution will have different policies. Some lending institutions have strict control over overdue credit reports, while others are more lenient. For example, Ant Jiebei is more tolerant of the borrower's overdue credit score. It is possible to apply for a loan if the borrower has been overdue for more than six times in recent years, as long as the individual's Zhima credit score is high enough. The loan APP products under the bank have strict requirements on the number of overdue personal credit reports. If the number of overdue times exceeds 6 times in the past two years, it is basically impossible to apply for a loan.

This is the end of the introduction about how many times the bank is overdue for loans and how many times the bank is overdue for loans. I wonder if you found the information you need?