However, if the customer owes a lot of credit cards, resulting in a high personal debt ratio, then in this case, the bank may refuse to approve the loan for fear that the customer's repayment ability is insufficient.
For example, if there are new consumer loans, business loans, or large-scale credit card consumption, large-scale installment payments, etc. In the credit report of the lender six months before the loan, if it is not settled at the time of loan, it will not be accepted. First, because outstanding debts are included in personal liabilities, more than 50% will be considered as poor repayment ability; First, it is suspected that consumer loans will be used to pay the down payment.
In addition, if the credit card debt is not much, but the credit report has been overdue for more than 3 times or accumulated for 6 times, the credit of such lenders is not enough, and they belong to credit black households. Even if they have paid off the loan for at least two years, they can't apply for a mortgage, and they will refuse the loan.
First of all, we should be clear that the repayment record of credit card is related to the personal credit of the lender, and credit card arrears will affect the repayment ability of the lender. Personal credit and repayment ability are the two most important points in mortgage approval, which can be judged by checking the credit information.
In short, credit card loans with arrears may not be approved. It is suggested that it is best to maintain good credit before mortgage and settle as many micro-loans and credit card arrears on credit information as possible to release repayment ability and improve mortgage pass rate. If the personal qualifications are average, you can apply for a joint loan. Compared with one person fighting alone, the pass rate of two people going to borrow money will still be higher.
Consequences of mortgage repayment in loans overdue:
1. Personal credit information is damaged, which will affect the handling of various loans in the future.
Once the mortgage is overdue, the lender will see your overdue repayment record. If it is a strict bank, even if you are only one day overdue, the bank will input the overdue information into the central bank's credit information system. Once the overdue records enter the credit information system, it will have a serious impact on users' future application for credit cards or loans. Even if they can get loans, the loan amount will be greatly reduced.
2. Generate corresponding penalty interest and overdue fine.
No matter what the reason, as long as your mortgage is overdue, the bank will call to remind the borrower to repay, and as long as the repayment is overdue, there will be a penalty interest. The penalty interest of different loan banks is different, which is basically 30%-50% higher than the original loan interest rate.
3. Be sued by the bank.
Banks will set default clauses in mortgage contracts. If the loan is overdue for three consecutive times or six times, the borrower will be required to repay all the principal and interest of the loan at one time.
If the user's mortgage is unpaid for more than 3 months, the bank will bring a lawsuit to the court according to the loan contract and guarantee contract. The court will take measures such as property preservation, freeze deposits in all bank accounts of lenders and guarantors, and seal up pledged property.