In the information age, personal credit has become one of the objects that we must focus on in our life. After all, there are records for both loans and cards. As long as they are overdue, they will bring us serious consequences, and the more common one is "three in a row, six in a row.". So, what does it mean to be three tired six in a row? Let's have a look. What's the meaning of three tired six in a row
The term "overdue repayment for three consecutive months" refers to the cumulative overdue repayment for six consecutive months. In the eyes of banks, the most serious problem is credit reporting. Once you enter the bank's "blacklist", it will have a serious impact on your future lending life.
For example, when a borrower applies for a loan from a bank, the bank will check his personal credit report for credit information. If the borrower has a record of accumulating six times in a row, the bank will be particularly cautious in approving the loan. Depending on the situation, the bank will take measures such as increasing the loan interest rate, reducing the loan line, and reducing the loan term. In all probability, loan refusal will occur. What's the meaning of three tired six in a row
If it is true that there are three or six cases in a row, you can first check the reasons and check your personal credit report. It may be due to the bank's delay in repayment, special reasons or abnormal overdue. You can try to appeal to the bank. Otherwise, you can only stop applying for new loans and credit cards in the past six months.
It should be noted that the record of three accumulating six in a row has a five-year validity period, which is calculated from the date of overdue, and will be deleted by the credit bureau after five years. If we persist in five years, personal credit reports will certainly be 'renewed'. Xiaobian thinks that with the increasing importance of personal credit reference, we should pay attention to protect our own credit reference, otherwise it will bring you a lot of trouble.