I have bad credit and debts, but now I urgently need 10,000 yuan, what should I do?

You can get a loan through China Merchants Bank, and the loan amount is small (less than 50,000 yuan).

First, bad debts. It must be dealt with in a timely manner, and when you take out a loan, you will find that your credit report is bad, and you are not even qualified to apply for a loan. Bad debts refer to those that have passed the repayment period, cannot be recovered after being reminded, and are in a sluggish state for a long time, and may become bad debts.

The receivables, bad debts are the result of failing to clear the accounts in a timely manner, referring to the property that can not be recovered because the other party does not pay back, focusing on reminding that bad debts are the bank thinks that the collection of you is invalid, not in the collection, and then, what is the impact of bad debts, bad debts are a more serious state, not to solve the basic and loans, credit cards and other bank financial insulation, personal credit.

There is this record for a lifetime, for bad debts, if you don't repay, bad debts will always be displayed, but after paying off the arrears, it will show that there is an overdue record, this record will be displayed for five consecutive years from after you pay off the money, secondly, those behaviors may lead to bad debts on credit cards? There are two kinds, bad debts caused by late repayment, that is, general bad debts. That is, if you don't pay back the money overdrawn on your credit card, it will form over time.

Second, doubtful debts, and the other is overpayment.

The bad debts caused, which many people don't understand, refers to the fact that you don't use a credit card for a long time, but there is extra money in the card, and there will be bad debts, which is so unreasonable. See if you can delete the bad debt record, or continue to use the credit card to maintain a good record, the credit record will cover the bad debt record, so that it will not be affected, the overpayment of bad debts only need to take out the excess money, cancel the account, the bank updates the credit report after the credit report.

It will be displayed normally, and bad debts must be dealt with in a timely manner.

Third, bad debts refer to the receivables that have passed the repayment period, cannot be contacted by the parties or cannot be recovered after being reminded, and are in a sluggish state for a long time, and may become bad debts. To put it simply, it means that there is neither an increase nor a decrease in unrecoverable current accounts for more than three years. However, bad debts are not arbitrary, and they need to be reported to the relevant departments at a higher level for approval.

It is worth noting that if you do not use your credit card for a long time, but you have extra money in the card, you will also have bad debts, and this special situation is called "premium bad debts". In other words, the situation that the transaction between the bank and the individual cannot be completed due to the extra money can also be called bad debt, which is what the letter sir said at the beginning.

If you are already a CMB user and have access to the China Merchants Bank mobile banking app, you can try to apply through this interface by logging in to the mobile banking and clicking "My" - "All" - "Loan" - "I want to borrow money". Whether the application can be approved is subject to the display on the interface.

Bad debts can be defended.

Bad debts: refers to those that have passed the repayment period, cannot be recovered after being reminded, and are in a sluggish state for a long time, and may become bad debts. Doubtful debts are receivables that are the result of failure to settle accounts in a timely manner, and also refer to financial accounts that cannot be recovered due to the other party's non-repayment.

Simply put, it is an account that has not been paid off for a long time.

Formation and identification of doubtful debts:

If the arrears that cannot be recovered after many collections (including the loss of contact), the identification of bad debts needs to be reported to the relevant departments at the higher level for approval.

The impact of bad debts on us:

Since bad debts are a more serious overdue situation in the letter (much more serious than the general overdue), as long as there are bad debts in the letter, the bank cannot handle the bank's business and cannot apply for a card loan. Bad debts will continue to follow for a lifetime if they are not dealt with, and in some cases, even if the arrears are paid off, the bad debts on the letter are still retained.

Cancellation process (24 months of good record required):

1.Submit your personal information and check your personal credit report;

2.Raise a personal credit objection, and the bank will apply for an objection;

3.Fill in the "Personal Credit Report Objection Application Form" and submit a "Correction of Personal Credit Report" by the commercial bank;

4.Wait for the "Personal Credit Report Objection Reply Letter" issued by the Credit Information Department, and if there is no problem, it will be cleared within 5 working days.

It is to be done in two steps.

1. Settle the arrears.

The borrower checks the credit information to see which institution reported the bad debts, and then takes the initiative to contact the lending institution for repayment, and if you have the ability to settle it at one time, you can repay the money directly.

However, considering that the difference is so large that the bad debts are too long and the interest generated is too much, it is recommended that the borrower can negotiate with the lending institution to reduce part of the interest, and then repay the loan according to the new arrears amount after the lending institution agrees, and don't forget to ask the lending institution to issue a loan settlement certificate after paying off.

2. Modify credit reporting.

Some lending institutions do not need to be reminded by the borrower, as long as they confirm that the borrower has paid off the arrears, they will take the initiative to apply to the credit information center to modify the credit information, and modify the borrower's bad debt record to overdue.

The borrower can print the credit report 20 days after the arrears are paid off to see if the bad debts are no longer displayed.

If the credit report still shows bad debts, it means that the lending institution has not modified the credit report, and the borrower should remind the lending institution.

For the lending institutions that ignore it, the borrower does not have to worry if he has the loan settlement certificate in hand, and directly submits an objection application to the credit information center.

The credit information center verifies and confirms that the situation is true, and will convey it to the lending institution to supervise it to modify the borrower's credit investigation bad debts to overdue within 20 working days.

If you want to query your online loan big data report with one click, there will be important data such as your credit rating score, whether there is a blacklist, etc., as long as you find "Puxin Check".

Extended information: Can I still take out a loan if I have bad debts in my credit report?

There are several reasons why you can't take out a loan.

1. From the point of view of repayment status, bad debts indicate that the borrower currently has overdue arrears that have not been paid off, indicating that the borrower does not have a strong sense of performance and does not take overdue seriously; Or they are not solvent and cannot do anything in the face of overdue, so they can only let their arrears become bad debts.

Such borrowers are not eligible for a loan.

2. From the perspective of overdue time, bad debts are generally overdue for more than 180 days or more, according to a cycle of 30 days, which is equivalent to the borrower has been overdue for 6 consecutive months.

If it is overdue for 3 consecutive months within 2 years, it is already a credit black account, whether it is a bank loan or an online loan, as long as the credit will be checked, such borrowers will be rejected.

Tips: Credit bad debts are actually overdue plus version, the degree is quite serious, a day has not been disposed of, the borrower can be said to be forever insulated from the loan, and there is no way to restore innocence without holding a good credit record.

The solution to the bad debts in the credit investigation should be dealt with according to the reasons for the formation of bad debts, and the specific macro is as follows:

1. Because of the bad debts caused by overdue, the user should pay off the arrears as soon as possible, and maintain a good credit record within five years, so that there may be no bad debts on the credit after five years.

2. If the credit card overpayment is not processed for a long time, the credit card overpayment should be withdrawn and the bank should be contacted.

3. If the credit card annual fee is not paid, the bureau can explain the reason for the non-payment to the bank and negotiate with the bank to apply for the elimination of the bad debt record.

The so-called "doubtful debts" refer to those receivables that have passed the repayment period and cannot be recovered after collection. If there are bad debts recorded on the personal credit report, it is recommended to find out the reasons for the formation of bad debts first, and then start to solve them.

For example, if you have a bad debt caused by overdue credit cards and loans, you must pay off the arrears as soon as possible. Hu Chen, of course, is not that after paying off the arrears, the bad debts will disappear. It is generally at least another five years from the date of repayment of the arrears before the bad record may be deleted by the system.

If the overpayment in the credit card has not been processed for a long time, resulting in bad debts, then directly take out the overpayment in the credit card and then contact the bank to deal with it, and the bad debts formed by this situation will generally not have much serious impact.

In addition, if you have a bad debt due to the non-payment of the annual credit card fee, you can negotiate with the bank. If the bad debt is caused by the lack of clarity about the annual fee rules, then you can apply to the bank to eliminate the bad debt record.