Credit card extension is aimed at the installment that has been processed. Many cardholders are still unable to repay after installment. If the bank supports the extension, it can extend the installment time and reduce the repayment pressure, and it is important to avoid overdue. Some people will ask if credit card renewal is a bad record. Let's analyze it.

Many people will think that since the bank has agreed to renew the credit card and extended the installment time, it should not be considered as a bad record. But in fact, the credit card is delayed because the cardholder's repayment ability is insufficient, which is also a bad record.

After the cardholder handles the extension, the bank will report it to the central bank for credit investigation, and record the "extension" in the special transaction, and mark it in red in the credit card record. And since it is a bad record, it will also have some consequences.

1. If the cardholder can repay the credit card on time after the extension, the use of the credit card will not be restricted, but the repayment ability will be questioned by the bank, and it is easy for the bank to control the risk, especially if the card is used abnormally, and it may even receive an early warning message from the bank. If the debt is too high, the bank may take measures such as reducing the credit card limit and sealing the card.

2. There are extension records in the credit report, which will affect the subsequent handling of bank credit business. For example, if you want to mortgage the bank, the bank will find that the credit card has been extended and is still being returned. It is not difficult to guess that the lender's repayment ability is not very good and will directly refuse the loan.

In short, although the credit card extension is not overdue, it is also a bad record as a special transaction record. However, relatively overdue, the extension can better reflect the cardholder's willingness to repay, and the impact will be lighter.

The loan extension will have a negative impact, and the repayment person needs to repay on time.

Loan extension means that the borrower reaches an agreement with the lending institution before the final repayment date agreed in the contract to postpone the repayment date and re-determine the monthly repayment amount. In other words, when negotiating with the bank to postpone repayment, the borrower has breached the contract. However, in order to prevent the credit of the repayment person from being affected, the bank will not upload the corresponding records to the personal credit information system of the People's Bank of China.

Failure to receive credit information does not mean that there will be no negative impact. Banks may think that the delay means that there is a certain problem with the repayment ability of the repayment person, so it will have a negative impact. Compared with overdue, postponement can better reflect the good repayment will of the repayment person. When repayment is really difficult, we should actively strive to reach an extension arrangement with the bank.

Under normal circumstances, the cardholder can apply to the bank for deferred installment payment after the next billing date is successful and before the final installment bill is generated. The application method is the same as the first installment payment. Just call the loan bank and transfer to manual service.

Generally speaking, the extension period will not exceed the longest installment period, so the repayment person needs to create more wealth to repay the arrears within the specified time. If the repayment fails to repay the arrears within the extension period, the bank will upload the overdue records to the personal credit information system of the People's Bank of China, which will affect the credit of repayment.

It is expensive to extend the loan installment. Under normal circumstances, a handling fee will be charged for each extension, and a handling fee will be drawn according to the percentage of the invoiced amount in each period. Applying for loan extension for many times will have a negative impact, and it will also generate a large handling fee and increase the repayment burden.

If the repayment person frequently applies for extension, the bank will think that there is something wrong with the repayment person's financial ability and will not provide extension to the repayment person again. If the circumstances are serious, the bank will also ask the repayment person to pay off the outstanding debts in one lump sum. Therefore, do not apply for loan extension unless absolutely necessary.

What is the impact of loan extension on credit reporting? This influence can be large or small.

First of all, children's shoes have to understand what loan extension means. Loan extension means: Borrower: "Big Brother (bank or financial institution), I really can't open it now. Can you bend the rules? Let's postpone the repayment. Let's sign an agreement, and I will definitely pay it back before it expires. " Bank: "All right! For your honesty's sake, I agree to postpone the arrears. " Generally speaking, I hope the borrower can postpone for a while and increase his repayment time. So what is the impact of loan extension on credit reporting? Let's have a look.

The extension period has different provisions according to the loan period.

1, short-term loans (within one year, including one year, the cumulative extension period shall not exceed the original loan period. )

2, medium-term loans (more than one year, less than five years, including five years), the cumulative extension period shall not exceed half of the original loan period. )

3, long-term loans (more than five years, the extension period shall not exceed three years. )

4, unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application is not approved, the loan will be credited to the overdue loan account from the day after the maturity date.

Do you understand this summary? The extension itself has no influence on the credit investigation, but if the loan is not paid off after the extension and transferred to the overdue account, this influence will "alarm" the credit investigation. Once you become a "bad bank" from a citizen with a good willingness to repay, your mother may get angry and "punish" you with a letter. If the credit information is not good, it will be difficult to move forward. When a friend borrows money from a bank, it is the best policy to repay it honestly. After all, the impact of overdue is still relatively large.

If we have to "disturb" the credit "adults" to judge, I hope that timely repayment is the most important thing, keeping the contract during the exhibition period is goodwill, and borrowing and returning is the most harmonious.

What is loan extension? Is there any negative impact on the loan extension?

Friends who are familiar with loans may have heard the expression of loan extension, so what is loan extension? Does the loan extension have an adverse effect on your credit history?

First of all, we should understand the meaning of loan extension:

Loan extension means that you reach an agreement with the lending institution on the final repayment date agreed in the contract, postpone the repayment date and re-determine the monthly repayment amount. This is the extension. For example, you originally agreed with the bank to pay off the loan on June 5438+February 12, but you suddenly have something urgent and need to use the money that will be used for repayment first, so you negotiated with the bank to extend the loan before 12 and are willing to pay the interest generated by the extension. This situation is called loan extension.

Will the loan extension adversely affect your credit?

Generally speaking, it will. Because the lender may think that the delay means that there is a certain problem with your repayment ability, which will have a negative impact. But compared with overdue, the delay can still show your good willingness to repay. Therefore, it is suggested that when the repayment is really difficult, actively strive to reach an extension arrangement with the lending institution to avoid the consequences of overdue.

Do you know that?/You know what? Do you know that?/You know what? Under some special circumstances, banks will take the initiative to provide customers with deferred repayment services. For example, after the Wenchuan earthquake, many banks took the initiative to provide delayed repayment services for affected customers. Even if I went to the bank for repayment after the disaster, I didn't leave any overdue records. But don't think that the bank will be tolerant if you forget to repay or have no money for personal reasons. Just tell everyone that when there are special circumstances, the bank will consider the problem from the perspective of human nature. The reason is that banks want to protect the credit records of people who are willing to repay on time from other factors, which is enough to show how important a person's credit records are. Therefore, all of us should pay more attention to our credit history. If you have any questions, you should communicate with the bank in time, and don't stain your credit record because of poor communication.

Will prepayment and loan extension affect personal credit reporting?

We know that when applying for a loan, we need to provide personal credit reports, which indirectly highlights the increasingly important position of personal credit. Many friends will want to prepay after applying for a loan, so will prepayment affect personal credit? If it is a loan extension, what is the result?

Early repayment may affect my credit record, and the lending institution will submit the early repayment information to the credit information system and display it in the "special transaction". According to the contract, early repayment is a breach of contract, and the lending institution can charge a certain penalty interest according to the contract. Early repayment does not necessarily mean strong repayment ability and good credit, and some lending institutions may regard it as negative information.

If the borrower and the lending institution reach an agreement on the final repayment agreed in the contract, the repayment date will be postponed and the monthly repayment amount will be re-determined, which is the extension. Lenders may think that the delay means that there are some problems with your repayment ability, so it will have a negative impact. Compared with overdue, postponement can better reflect your good willingness to repay. When repayment is really difficult, actively strive to reach an extension arrangement with the lender.

If you find that your credit report is wrong, you can raise an objection to the lending institution or the credit center (sub-center) and ask for correction. I don't have to apply for objection in person, but I can entrust an agent to apply for objection.

I believe many friends want to know why the credit report is wrong. The main reasons are as follows:

(1) The relevant information I filled in is incorrect;

(2) The account manager entered an error;

(3) Data processing error of the lending institution;

(4) The integrated data of the Credit Information Center is incorrect.