Credit is important for everyone, especially when dealing with loans. Credit institutions generally require individual letter reports from applicants. So, if credit is bad, how can it be restored

How do you get credit back when you're under credit

First, if you have a record of overdue payments in your personal letter, the most important measure is to settle the arrears as soon as possible. These negative records will automatically be eliminated after five years, starting from the date of payment of the arrears。

If the credit record is poor for reasons other than its own, it is possible to apply to a bank or loan institution for restoration of credit by providing relevant supporting information。

The high number of queries on letters reports also affects credit, in which case it is advisable to suspend applications for new credit products for a period of time pending the resumption of letters of credit records。

If your credit card had long unused overpayments, it would have become a bad debt, which also had a negative impact on letters of credit. The problem could be solved by removing the excess money。

So, can you borrow from a bad credit? The answer is yes. The following methods can help you to obtain a loan in case of bad credit:

1. **Selection of a lending platform with a lower threshold**:

Some lending platforms have lower credit requirements and borrowers can try them. However, the selection should take into account factors such as the interest rate, costs and repayment modalities of the platform and identify the most appropriate option for itself。

2. ** Proof of sufficient assets**:

Ownership of property, vehicles, payroll, certificates of deposit, etc. can increase the pass rate. These assets represent your ability to repay and reduce the credit risk of the loan. In providing these certificates, it is important to ensure that they are genuine and reliable。

3.** Processing of secured loans**:

Secured loans are secured through third-party guarantee institutions or individuals. The guarantor may be a professional guarantor company, family and friends, etc. This approach reduces the requirements of the lending platform for your personal qualifications, but it needs to be noted that there are risks associated with guarantees。