When we apply for a loan, the lending institution will approve a loan amount for everyone, and there are many reference factors, such as the borrower's credit status, debt situation and so on. Some friends worry that the credit card will affect the loan amount. Today, let's analyze the relationship between credit card and loan amount.
In fact, credit card-related loans are usually loans that can check credit information, such as bank loans and loans from licensed financial institutions. During the loan approval period, we will check the borrower's credit report, understand the borrower's credit and liabilities, judge his repayment ability, and then decide whether to approve the loan and the loan amount.
The credit card will affect the loan amount, mainly in two aspects.
The first aspect is that the amount of credit card swiping is relatively large, and it is not repaid before the loan, which will increase the borrower's debt ratio. In this case, the lender will think that the borrower is risky and the repayment ability is not very high. In order to control the non-performing rate, it may not give too high a quota or even refuse to lend.
The second aspect is that after the credit card is swiped, it fails to repay within the specified time, and the overdue behavior is reported to the central bank for credit reporting, leaving a bad credit record in the credit reporting, which will make the lending institution question the borrower's credit reporting and repayment ability. The lending institution is worried about the adverse impact on the loan, and will be more cautious in the loan amount, or even refuse the loan.
In short, if you don't want the loan amount to be too low, you'd better not swipe your credit card before the loan, so as not to affect the loan amount. There is really an urgent need for capital turnover. You can borrow money from friends and relatives first, and then swipe your credit card after the loan is completed, which is safer.
Will more credit cards affect loans?
Too many credit cards will affect loans, mainly in the following aspects:
1, loan approval:
If you hold more than one credit card, it will inevitably lead to overdue repayment and a bad credit record. When the bank approves the loan, it will check the personal credit record, and once there is a bad record, it may be rejected.
2. Loan amount:
If you hold more than one credit card, each credit card has a usage record. Even if you repay on time, the bank will think that your repayment burden is too heavy and your debt ratio is too high, and will approve a lower loan amount.
Will credit card affect mortgage?
Does not affect the mortgage. The credit card limit will not affect the mortgage and the mortgage limit, but if the credit card has bad credit conditions such as overdue, it will affect the mortgage.
Consequences of overdue
1. The liquidated damages are generally the minimum repayment amount, that is, 5% of the unpaid part.
2, the interest rate is high, and it is rolling interest. When there are many debts, the interest rate is scary.
3. Overdue will tarnish the credit record, resulting in the inability to handle financial needs such as buying a house and lending in the next two years.
4. The overdue payment is more than 3 months, and the amount exceeds 1 000 yuan, and the bank has repeatedly failed to make dunning. At that time, you will not only pay back the money, but also bear criminal responsibility.
The factors that affect mortgage loans are as follows
First of all, the nature of your job.
The nature of your job often reflects your income level and income stability. Banks tend to be high-income, stable and high-level industries, and prefer central enterprises, state-owned enterprises and Fortune 500 companies. Such as civil servants, educators, doctors, monopoly industries, etc.
Second, there is little water in the bank.
If the bank has less running water or less effective running water, the bank will think that you lack "repayment ability". The definition of "effective flow" is very important. "Book on the same day, take it out on the same day" and "one-time transfer in, one-time transfer out" are definitely invalid.
Third, the credit card is overdue.
When using a credit card, you must pay attention to the repayment is not overdue! At the same time, utilities, property fees and mobile phone fees are also included in the certificate list.
Fourth, check the credit report frequently.
Do not frequently inquire about credit information, especially entrust relevant financial institutions, such as banks and loan companies. As long as it is inquired, it will be recorded in the credit report. As long as there is an inquiry record of the credit report, the bank is likely to think that there is a history of "loan".
Verb (short for verb) is over-indebted.
The credit report will show your debts, such as credit card installment, car loan and some small loans. Too much debt will make the bank demand that your income also increase.
Sixth, buy a house.
The house you bought is also an important basis for banks to consider lending. Generally speaking, banks are more cautious about smaller and older houses.
Extended data
What are the precautions for handling loans?
Cautiously use microfinance products such as credit card installment and "flower bud" installment.
Credit card staging is similar to "flowers". In fact, this is a kind of lending behavior. First of all, it will increase your credit inquiry times. Second, this is also your debt, and the bank will think that your consumption habits are not good. Third, these "convenient" installment services are likely to cause you to forget to repay.
Use credit cards reasonably and accumulate "honest capital" for yourself. Credit cards and other loan products are not used well, which is called black households. They have never been used at all, and that is called white households. No matter "black households" or "white households", they are not quality customers for banks.
Healthy use of credit cards is also an act of accumulating "impression points" for future loans for banks, and it is also an act of "saving character".