How long does it take to check the credit of the loan?

Banks generally check the credit status within 2 years, and banks with strict risk control may also check for 5 years.

1. Usually, the credit investigation is two years, and the bad credit record is five years if it has been repaid, and it is permanent if it has not been repaid.

2. The credit report mainly records the loans, overdue records of credit cards, personal credit records, public information and the summary of the inquired records of the credit report in the last two years.

3. If the failure to pay the annual fee has little impact, you can directly go to the relevant bank to issue a non-malicious overdue certificate. If the credit card is overdue, don't cancel it immediately. If the card is cancelled immediately, the overdue record will continue to be kept. Therefore, it is recommended to continue to use the card for 24 months, and then do other processing when the overdue credit is covered by good credit.

The bank's credit report adopts a fixed format and is provided by the People's Bank of China. At this stage, it generally only shows the credit status within five years. Pulling out the credit report will not show how long you are overdue, but only how many times you are overdue and the overdue amount. For banks, no matter how long you are overdue, overdue is overdue, which is a proof of your bad credit. It may be said that some banks only refer to the credit status within two years, while others audit according to all the information displayed in the credit report.

What bad credit information will affect mortgage approval?

1, even three times six.

For three consecutive months and six consecutive months, it means that there is no repayment for three consecutive months, or there are six months of overdue records, which is a serious overdue situation in the credit report. It is basically difficult for buyers who have been tired for six months to apply for housing loans.

2. There are many inquiries.

Although there is no limit to the number of inquiries about personal credit records, frequent inquiries will also affect the credit records of buyers, and banks will judge customers as unqualified. Generally, the number of credit inquiries exceeds 6 times in half a year, which may affect the normal approval of mortgage loans or lead to a decrease in loan quotas.

3. Bad credit card debts.

Once there is a bad debt record in the credit report, it is basically out of touch with the mortgage.