What should I do if the husband and wife loan to buy a house is not good?

If one of the husband and wife has recently had credit problems when handling the loan, then we suggest that you repay the loan as soon as possible, and negotiate with the defaulting bank or other financial institutions to ask whether the bank can cancel the credit default record after paying off the default amount.

2. Previous credit problems:

If the personal credit problem occurred a long time ago, you can find out when the last default occurred. If the number of defaults is small, and the default time is many years ago, generally speaking, a person's credit record will only be kept for five years, and will be automatically eliminated after five years. Of course, the premise is that the default amount has been repaid. If you don't return it, you may be sued and enter the list of Lao Lai. In that case, your credit status will be even worse. Therefore, property buyers can check that if the default time is almost five years, they can wait until five years later to automatically eliminate the loan.

3. Borrow money from relatives and friends:

If a couple buys a house, one party's credit problem affects the loan, then the buyer can ask his relatives and friends to help him borrow some to buy a house at this time, but if the difference is too big, then more relatives and friends need to borrow money.

The role of credit information in buying a house by loan

1, reducing adverse selection:

Adverse selection is a problem in credit transactions under asymmetric information, and the risk of non-performing loans often comes from those who actively seek loans. Credit investigation is helpful to improve banks' understanding of borrowers' characteristics, accurately predict repayment probability, optimize loan targets and rationalize loan pricing, and alleviate the problem of adverse selection.

2. Reduce the plundering of borrowers;

Credit investigation can reduce the information rent charged by banks to customers. When banks fully understand the characteristics of borrowers, they can charge lower rent than those competitors who don't know the situation and get information rent from the information they have.

3. Discipline of breach of contract disclosure:

Because the bank * * * enjoys the borrower's default information, it will have a disciplinary constraint on the borrower: the default behavior becomes a bad signal, and other banks will consider the credit risk premium when lending to it, implement higher interest rates, and even refuse to lend. In order to avoid this punishment, borrowers will work harder to repay loans, thus reducing the default rate and interest rate in the credit market and increasing the loan amount in the credit market.