1. Lending can still be made after one day's overdue repayment: although the repayment is delayed for one day, it is still possible to lend again as long as the arrears are paid off in a subsequent period of time. Lending institutions usually consider the borrower's repayment record and credit status, as well as the reasons for overdue, and decide whether to approve the second loan according to the evaluation results.
2. Factors affecting loan re-approval:
Repayment history: The borrower's past repayment behavior plays a key role in the approval of refinancing. If overdue is an example, not a normal default, then it is possible to borrow again.
B. Credit history: The borrower's credit rating and credit report will also have an impact on refinancing. If the previous overdue period does not seriously damage the borrower's credit, then the chances of refinancing will increase.
C. Repayment ability: The lending institution will evaluate the borrower's repayment ability, including financial status such as income and debt burden. If the borrower can prove that he has enough repayment ability, then the chances of refinancing are greater.
3. Summary: Although the policy loan is overdue for one or two days, it is still possible to obtain loan approval again as long as the arrears are paid off in time and other repayment records and credit conditions are relatively good.
4. Extended information:
Policy loan is a form of mortgage loan, with the borrower's policy as collateral. This kind of loan usually has a low interest rate because the borrower provides collateral as security. Borrowers can borrow a certain proportion of funds according to the value of the policy. This kind of loan is usually used for urgent capital needs or short-term borrowing. According to different financial institutions and borrowers' personal circumstances, the repayment period, interest rate and terms of the loan will be different.