Let us talk together about the importance of loans and the possible consequences of overdue payments. Whether you make a loan through a bank or online platform, you must be careful about the monthly repayment date. So, why don't we discuss the Beijing White House loan, and if you don't pay it on time, will it affect your credit rating

Can you turn it off right away

The answer to that question is, undoubtedly, it will. If your loan is overdue, the overdue record will be uploaded into the credit report. You will have to pay the full amount of the overdue arrears, which will be cleared after five years. If you do not settle all your overdue arrears, then this overdue record will remain in your credit report, which may be tarnished by the passage of time. If you have a credit stain, it'll be very difficult for you to apply for any credit。

So, the important thing is that if your white book loan is overdue, it would be better to pay back as soon as possible. In this way, you can reduce the negative impact of late records on your credit, and your overdue records can be deleted as soon as possible。

One might ask, "If I've already turned on the kyoto white, can I turn it off now?" The answer to that question is also yes. You can shut it down as soon as the Beijing White Note is in place, but everything is on the premise that you must ensure that you do not have any outstanding bills. If you have bills, you need to clear them before you can shut down your kyoto. And if you close it immediately after the white strip, and if you want to open it again in the future, you may find your credit line reduced。