Caused by overdue loans

Special mention loans are often caused by overdue loans, and the overdue time is longer, such as more than 30 days. Another situation is that you have acted as a guarantor for someone else, and the guaranteed loan applicant has already overdue or failed to repay the loan.

The concern displayed on the credit report indicates that the individual has been overdue or the guaranteed person has overdue problems, which must be taken seriously. If the applicant is classified as a concern category by the bank, the bank will not approve the applicant's loan application and credit card business. It is recommended to repay the loan in time and restore the personal credit record status to normal to avoid affecting subsequent life.