1, and the balance of zero means that if the loan information column shows that the loan is zero, it proves that the current loan amount has been fully paid off. It should be noted that zero balance does not mean that the loan has been settled. There are also some revolving loan products, such as Ant Flower Flower Flower Flower Flower Flower, JD.COM Flower Flower, Suning Free of Compensation and so on. After the line is used up, the principal and interest will be repaid on time in each installment, and the used line will still be included in the total amount for reuse. At this time, if the balance is 0, it means that there is no fund to repay in the current period.

2. It means that if the loan information column shows that the loan has been completely settled, it means that the user has paid off all the loan principal and interest and the loan agreement with the lending institution has been completed. However, the record of this loan will remain in the user's personal credit information and will not be eliminated over time.

What is the impact of the balance being 0 and settled?

1, the impact of zero balance. If the loan balance is shown as 0 and there is no overdue situation, it shows that we have fulfilled our commitment to repay the principal and interest on time. In the subsequent loan approval process, the auditor will think that our reputation is very good, which is of great benefit to the loan approval.

2. The impact of settlement. If the loan information shows that it has been completely settled and there is no overdue repayment period, it will not have a negative impact on the approval of subsequent loans, and it will also be a reference for loan examiners to repay on time in the future, which is a valuable credit wealth.