Credit report is a necessary material for bank loans, and it is the first-time material. If the credit report fails, there is no need to continue the other loan procedures.
Personal credit report is the personal financial ID card. Personal credit reports will affect individuals' lending behaviors in financial institutions. If your credit status is good, you may get discounts on interest rates and quotas; but if your credit status is bad, the loan interest rate may rise, and you may even be unable to obtain a bank loan.
At present, personal credit report mainly includes two parts: personal basic information and credit information; since my country's personal credit system is still incomplete, non-bank information has not been reflected in personal credit report.
The personal credit information recorded in the personal credit report mainly includes personal basic information, credit information (including bank loans, credit card overdrafts, overdue records, etc.), non-bank information (including payment information for public utility expenses such as water, electricity, and gas, tax arrears, civil judgments, etc.).
From the current point of view, if the credit report is not qualified, the borrower can take the following ways to resolve it:
1. Go to the bank to open . Have relevant materials prove that is an objective factor caused by the overdue
When applying for a bank loan, if there are defects in the credit report and this defect is within the acceptable range of the bank, the bank will ask the borrower to go to the corresponding bank to issue credit certificate materials to prove that the defect is not his intentional breach of contract.
If the borrower has an overdue credit once, and the number of overdue days shall not exceed 30 days. Then, the loan bank handler will ask the borrower to go to the bank to issue a certificate to explain the reason for the overdue repayment, proving that the borrower does not want to repay the loan subjectively, but an objective mistake caused by an overdue credit card repayment. For example, when traveling during the National Day holiday, if you forget to repay the loan in time, if you do not change the related account in time after changing the card, and if you have a bank interest rate hike, the account will be insufficient after January of the following year, etc.
So, what kind of bad records can banks tolerate loan applicants have?
Generally speaking, banks that are not very strict in controlling loan risks can tolerate borrowers having one overdue repayment record in the past three months, two overdue repayment records in the past six months, and three overdue repayment records in the past six months.
If the number of days of a loan or credit card being overdue for more than 90 consecutive days (the quasi-credit card is overdue for more than 180 days), it is considered malicious overdue and will be listed as "banned" and basically cannot obtain a loan.
2. Change a bank to apply for a loan
At present, People's Bank of China does not stipulate a unified standard for the inability to access loans due to bad records. Each bank has its own grasp of the standards for overdue risks. Therefore, the reference standards for bad records are different, which leads to differences in the access standards for each bank for loans. Therefore, when the borrower cannot obtain a loan at Bank A due to bad records, applying for a loan at Bank B may be approved.
By the way, it is the same bank that has the risk control standards for different periods of time. For example, it may be relatively relaxed due to the looseness of credit scale , or it may become stricter due to the tightening of credit scale. Therefore, loans that cannot be accepted some time ago may be accepted after a while. Therefore, borrowers should continue to pay attention to policy changes in bank loans so that they can obtain loans smoothly.
