1. Does the outstanding credit card affect the loan?
The failure to repay the credit card can only show that the user has a certain debt. As long as the debt ratio is not high, it will not affect users to apply for loans. However, if the debt ratio is too high, the user can pay off the credit card debt in advance. As long as the debt ratio is reduced, users can still apply for loans normally. If the credit card has an overdue record, it will affect the loan. Whether the user's credit card has not been paid off and whether the debt ratio will affect the loan is subject to the reply given by the bank. If the bank does not require the user to pay off the credit card, the credit card debt will not affect the loan.
Second, what will happen after the mortgage loan expires?
Credit will be affected, and personal nominal loans will also be recorded as overdue loans in the national personal credit information consultation system. If the bank you borrowed does not delete your records, you may not be able to get loans from all banks in the future, and your credit information will be blacklisted, which may restrict your travel, prevent you from flying and going abroad, and may even be unable to buy train tickets in the future. If you provide false information or false information when you borrow money, the lending institution may sue you for fraudulent loans. If the fraudulent loan is true, you may be sentenced for fraud. Lending institutions will urge you to accept term loans according to law. According to the loan contract and guarantee contract (mortgage loan or pledge loan contract), the loan bank will bring a lawsuit to the court, and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of you and the loan guarantor, and sealing up the pledged property. After the judgment is made, the property will be enforced according to law to pay off the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest and penalty interest, as well as all litigation costs arising therefrom and related expenses incurred when disposing of collateral.
Therefore, if you find that your mortgage loan cannot be repaid after it expires, you should control the loan amount and apply according to your acceptable repayment ability when applying for a loan.