Black households cannot borrow money to buy a house. According to the regulations of the People's Bank of China, loans owed to banks for three consecutive times or 90 days will be blacklisted by the credit information system. If the bank loan is returned, the loan and other related businesses can be handled normally after ten years.

Extended data:

Credit black households can still borrow money in the following ways:

1, looking for a loan company. Lending companies usually value collateral more than personal credit. If the borrower borrows money through the loan company and can provide collateral, it will be easier to obtain funds. Black households in banks want to apply for loans, and they can try to apply for loans from banks through local loan companies, which is also one of the channels for black households in banks to apply for loans.

2. Private lending. You can borrow money from private individuals and buy a house. It is best to sign a loan contract, stipulate the repayment period, whether there is interest, dispute resolution and other matters. If you refuse the loan, you can find someone else to guarantee to solve the loan problem, or use your own house as collateral, but be careful not to pay too much interest.

In this case, the loan company may ask the borrower to provide more proof of repayment ability when handling the loan. If the borrower has a mortgage, a real estate and a stable job, the pre-loan review will be more severe. At the same time, if a bank black household applies for a loan, the lending institution may raise the borrower's loan interest rate or reduce the borrower's loan amount as appropriate.

Personal credit system is a system that evaluates personal credit rating according to household income and assets, loans and repayments that have occurred, credit overdrafts, penalties and lawsuits when bad credit occurs, and records it at any time, so that personal credit providers can decide whether to provide credit or how much credit to provide.

There are two forms to reflect personal credit status, namely personal credit report and credit score. Under the condition of market economy, personal credit system is very important.

It is more important for individuals to use credit products effectively and maintain a good credit record.

Individuals can query their credit reports in two ways.

First, when a commercial bank applies for a credit card or loan, the bank will query the basic database of personal credit information, and the individual will read its credit report.

Second, you can check with the credit management department of the People's Bank of China.