Case 1: Lu Xiao owns a house and the loan has been paid off. He wants to apply for a provident fund loan to buy a second house. He checked the personal credit report in advance and remembered that there were three loans overdue problems in the original house three years ago, but none of them exceeded 10 days. He is worried that his overdue record will affect his application for provident fund loans.
Analysis: According to the publicity content of Kunming Provident Fund Management Center, the city where Lu Xiao is located, personal loans will not be issued if the monthly repayment default record reaches 10 times (including 10 times) within 12 months. There were only three overdue records in Lu Xiao, none of which exceeded 10 days. It should be no problem to apply for provident fund loans. It should be noted that different provident fund management centers have different requirements for overdue. Before applying, you can check with the local provident fund center in official website or consult the provident fund center directly.
Case 2: Lao Liu intends to apply for a commercial loan to buy a house. Unfortunately, he recently owed a credit card for 90 days, amounting to 2000 yuan, which has been reported in his credit report. What can he do?
Analysis: Some banks stipulate that people whose credit cards are overdue for three times or six times in a row within two years will be refused loans when applying for mortgages, but strict banks will review their credit records for more than two years, or stipulate that if they are overdue for more than 90 days at a time, they will lose their loan qualifications. Lao Liu's overdue time is a bit long, and the overdue amount is not small. The bank is likely to refuse the loan. Banks with flexibility will increase the down payment ratio or loan interest rate. It is best to consult more banks. The worst plan is to try to apply for a loan after two years, because some banks only review the credit records within two years, repay on time in these two years, and cover the previous bad records with new credit records.