Job Recruitment Website - Social security inquiry - Chengdu social security broken for a month on the purchase of a house has an impact

Chengdu social security broken for a month on the purchase of a house has an impact

It has an impact. If you plan to use a loan to buy a home, banks usually ask for proof of the loan applicant's income, which includes a record of social security payments. If social security payments are broken, it may have an impact on loan approval. If you plan to use a CPF loan to purchase a home, a break in social security contributions may affect your CPF payment record and may result in a lower CPF loan amount or delayed loan approval.