How often is the credit record deleted? I borrowed a lot of small loans before and paid them off on time. Does it affect the future loan to buy a house?

Credit information will generally be eliminated in five years. Overdue will have a great impact.

Banks generally discriminate against small loans, and small loan records will have a certain impact on applying for bank loans.

However, the impact is not absolute. General banks will require customers to pay off small loans before lending. Some banks also require loans to be repaid after three months or six months.

Extended data:

Measures for the administration of credit blacklist business access conditions

It has a good foundation for dealing with retail business. In the last three years, the scale and structure of personal deposit and loan business are stable, the scale and customer structure of personal deposit and loan business are good, the bank card business is running well, and the identity document verification system and credit information system are connected and used well.

After being included in the list of bad credit reports by banks and reported to the Credit Information Center of the People's Bank of China, overdue information will be displayed in the credit information report. If this happens, the borrower's application for loans or credit cards in the future will be affected, and it is very likely that the interest rate will be raised and the loan will be recovered in advance.

Baidu Encyclopedia-Regulations on the Administration of Credit Information Industry