One day overdue repayment is also a personal credit report at the meeting, which will produce bad records. But it will not affect the handling of loans, credit cards, etc. After one day overdue in the future.

If the overdue times are many and the time is long, it will affect the loan interest rate for future lending and approval. Generally speaking, the overdue times are: no more than two times in the last three months, no more than three times in the last six months and no more than four times a year. If the overdue credit record reaches three periods, the success rate of obtaining loans is very low whether you apply for unsecured or mortgaged loan products from the bank. Only by repaying overdue funds as soon as possible and re-establishing a good credit record can you qualify for bank loans two years later.

Good personal credit information is very important. In general, credit information is updated every five years. Keep good credit information records within five years after overdue records are generated. Those bad records will be deleted and updated after five years, and then personal loans will not be affected.