If the credit is overdue for more than three days in the conference credit reporting system, there will be late fees, which will also leave a stain on personal credit. To apply for credit, an application form should be submitted to the loan platform, and relevant materials should be prepared for review by the loan institution. If the loan conditions are met, loan procedures will be handled for the applicant, and if the loan conditions are not met, the application will be rejected.
 How long is microfinance overdue
 Three days later, when the credit is overdue and exceeds the grace period for repayment, it will be submitted to the credit bureau. The credit bureau's retention period for personal bad information is five years, starting from the date of termination of the bad behavior or event. If it exceeds five years, it will be deleted.
 Overdue credit records will lead to poor personal credit investigation; The longer the overdue records are kept, the greater the negative impact; The longer the overdue period, the more overdue interest will be generated; If the overdue time exceeds 3 months, the financial institution may sue the user; During the overdue period, there will be SMS and phone calls, which will affect the daily life of users.
 The consequences of overdue credit are very serious. Once the overdue time is prolonged, the negative impact will only grow. Therefore, after the user's loan is overdue, the user must pay off the overdue debt as soon as possible. After paying off the overdue debt, the overdue record will only be retained in the credit investigation for five years, and after five years, the overdue record will be automatically deleted, so that the user's personal credit investigation will return to normal.
 If the user does not pay off the overdue debt, the overdue record will be kept all the time, so that the credit investigation will not return to normal, and subsequent users will be unable to handle other credit businesses. Users' inability to handle credit business will definitely have an impact on their daily life.
 Will the only house be auctioned when the credit is overdue
 Generally, the only house will not be auctioned, and only houses that meet the legal conditions can be auctioned. Overdue loans should be paid off in a timely manner. Overdue loans usually mean that the borrower fails to repay the loan principal and interest to the bank issuing the loan according to the loan time limit agreed in the loan contract without going through the relevant extension or re lending procedures after the loan expires, thus causing the loan to exceed the agreed time limit.
 Credit refers to the form of value movement that is conditional on repayment and interest payment. It usually includes bank deposits, loans and other credit activities. In a narrow sense, it only refers to bank loans, and in a broad sense, it is the same as "credit". Credit is an important form for socialist countries to mobilize and distribute funds in a paid way, and is a powerful lever for economic development.
 Credit loan refers to the loan issued with the borrower's reputation, and the borrower does not need to provide guarantee. It is characterized by that the debtor can obtain a loan only by its own reputation without providing collateral or third-party guarantee, and takes the borrower's credit degree as the repayment guarantee. This kind of credit loan has long been the main lending mode of the Bank of China. Due to the high risk of credit loans, the borrower's economic benefits, management level, development prospects and other conditions are generally investigated in detail to reduce the risk. Credit loan business is mainly handled through banks, loan companies and electronic financial institutions.
 No credit record means no overdue
 yes. If there is no record on the credit report, the loan applied for is not on the credit report. As long as the credit report is not overdue, the credit report will not have a great impact. Personal credit investigation refers to the activity that a legally established personal credit investigation institution collects and processes personal credit information, and provides personal credit information inquiry and evaluation services according to user requirements. The personal credit report is the personal credit history record that the credit bureau processes and collates the information collected according to law, and finally provides the legal information inquirer according to law.
 If there is no record on the credit report, the loan applied for is not on the credit report. As long as the credit report is not overdue, the credit report will not have a great impact. Personal credit investigation refers to the activity that a legally established personal credit investigation institution collects and processes personal credit information, and provides personal credit information inquiry and evaluation services according to user requirements. After checking the credit investigation report, those without loan records on it are not credit investigation. If there is no record on the credit report, the loan applied for is not on the credit report. As long as the credit report is not overdue, the credit report will not have a great impact. Personal credit investigation refers to the activity that a legally established personal credit investigation institution collects and processes personal credit information, and provides personal credit information inquiry and evaluation services according to user requirements.
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