Are bad debts a black account?
Yes.
Yes, your credit report will be in trouble if you have bad debts. Because bad debts are a type of black account, if the user handles the bank credit business with a credit report and fails to repay the loan for more than 3 years (including 3 years), it will be deemed as a bad debt loss and enter the blacklist. If you want to erase bad debt records, you need to wait five years after paying off all the money. The credit record will be automatically eliminated without human intervention during this period. The impact of bad debts on users: It is difficult to get approved for new loans. If the amount is large, there will also be records of dishonest persons and restrictions on high consumption.
Bad debts are a type of black account. If a user handles bank credit business with a credit report and fails to repay the loan overdue for more than 3 years (including 3 years), the bad debt loss will be confirmed and entered into the blacklist, that is, Everyone said it was "dark". If you want to erase bad debt records, you need to wait five years after paying off all the money. The credit record will be automatically eliminated without human intervention during this period.
To be very precise and strict, there is no so-called "blacklist" in banks. It's just that after a user's loan overdue situation reaches a certain level, most banks will no longer approve such loans. Users' loan applications and any credit-related business will not be approved by such customers.
Bad debts usually refer to the money that has passed the repayment period, the bank has failed to collect for a long time, and it has been determined that it cannot be recovered and is in a sluggish state. If there are bad debts on a personal credit report, it means that the person is cut off from all the bank's credit business. If the loan is not repaid throughout his life, the user will become a black account for life.
There are two reasons for bad debts:
The first is overpayment. At this time, the user only needs to withdraw or spend the overpayment and ask the bank to handle it as soon as possible to eliminate the impact. ;
The second is overdue payments. Users must pay off the debt as soon as possible and then contact the bank for processing. After the bank handles it, it will become an overdue record. In the future, as long as the user maintains a good record or waits for five years, that is can eliminate its negative effects. Many banks only look at the credit reports of the past two years. As long as everyone maintains good loan or card usage habits within two years of repayment and repays in full and on time, part of the impact can be eliminated. If there are bad debts in your credit report, will it be a problem?
Yes, if there are bad debts in your credit report, it will be a problem. Because bad debts are a type of black account, if a user handles bank credit business with a credit report and fails to repay the loan overdue for more than 3 years (including 3 years), it will be deemed as a bad debt loss and enter the blacklist. If you want to erase bad debt records, you need to wait five years after paying off all the money. The credit record will be automatically eliminated without human intervention during this period.
The impact of bad debts on users: it is difficult to get approved for new loans. If the amount is large, there will also be records of dishonest persons and restrictions on high consumption.
Credit reporting activities originated from the emergence and development of credit transactions. Credit is a special form of value movement that is conditional on repayment, including forms of currency lending and credit sales of goods, such as bank credit, commercial credit, etc. The modern economy is a credit economy. Credit, as a specific economic transaction behavior, is the product of the development of the commodity economy to a certain stage.
The essence of credit is a creditor-debt relationship, that is, the creditor (creditor) believes that the fiduciary (debtor) has the ability to repay, and agrees to the fiduciary's promise to repay in the future. However, when the commodity economy is highly developed and the scope of credit transactions becomes increasingly broad, especially when credit transactions spread across the country and the world, it will be extremely difficult for one party to the credit transaction to understand the credit status of the other party. At this time, understanding the credit standing of market transaction entities has become a need, and credit reporting activities have emerged as the times require.
It can be seen that credit reporting actually emerged and developed with the emergence and development of the commodity economy, and is a credit information service provided for credit activities.
Credit reporting can institutionally constrain the behavior of enterprises and individuals, and is conducive to the formation of a good social credit environment. Our country has advocated the virtue of honesty and trustworthiness since ancient times, and has promoted the formation of the concept of integrity through criticism in a moral sense. Integrity is a kind of social morality and a basic principle for dealing with others.
Honesty and trustworthiness are indispensable virtues for enterprises and individuals.
Shanxi merchants and Huizhou merchants, who have dominated Chinese business for hundreds of years, have been able to rise and dominate. One of the core factors is the establishment of a business philosophy of "integrity-based".
If it is recorded in your credit report that you have borrowed money and failed to repay it, the bank must treat it carefully when considering whether to provide you with a loan. The bank will most likely ask you to provide a mortgage or guarantee, or reduce the loan amount, or increase the loan interest rate, or refuse to grant you a loan.
If your credit report reflects that you have borrowed a lot of money, the bank will also be very cautious and worry that you will have too much debt to bear, and may refuse to provide you with another loan. This reminds you to cherish your credit record and consciously accumulate your own credit wealth. Will the bad debts remain a black account after the bad debts are settled?
The bad debts will still be a black account after the bad debts are settled. If the bad debts are not eliminated, it is still a black account. Generally, bad debts can be eliminated, but bank bad debts are divided into two types, one is overdue bad debts, and the other is overpayment bad debts. The two types of bad debts have different treatment methods and elimination times.
The way to deal with overdue bad debts is to first pay off the money owed to the bad debts, and then ask the bank to delete the bad debt records. After the bank agrees, it will submit a request to modify the credit report to the Central Bank Credit Information Center. The Central Bank Credit Information Center It will be processed within 20 days. After successful processing, the credit report will be updated and the bad debt record will become an overdue record. The time to eliminate bad debts does not start from the day after the bad debts are paid off, but can only be eliminated 5 years from the date of termination.
The way to deal with overpayment and bad debt is to ask the bank to delete the bad debt record after taking out the overpayment. Don’t forget to cancel the credit card. After the cancellation is successful, the credit card status displayed on the credit report is: The account is closed, not the bad debt. It takes about 2 months to eliminate overpayment bad debts. The bank's processing time for deleting bad debt records is 20 days. There is a 46-day waiting period for canceling credit cards.
Bad debts are a serious situation when users’ loans are overdue. Once a user has bad debts, basically all banks will not have any business dealings with them. Therefore, it is extremely difficult to get a loan, so it is best for users to It is best to repay on time to avoid overdue payments and maintain good credit.
Bad debt is a term in the economic field, which refers to receivables that have passed the payment deadline, cannot be recovered after collection, are in a sluggish state for a long time, and may become bad debts. Bad debts are the result of failure to clear accounts in a timely manner, and also refer to property that cannot be recovered because the other party does not repay it.
The following situations can be recognized as bad debts
Bad debt comics
Bad debt comics
1) The borrower and guarantor declare bankruptcy and close down in accordance with the law , dissolution or cancellation, and termination of legal person qualifications, the financial enterprise's claims that cannot be recovered after the borrower and guarantor are recovered;
2) The borrower dies, or is declared in accordance with the provisions of the "General Principles of the Civil Law" Missing or dead, the financial enterprise has paid off its property or inheritance in accordance with the law and recovered the creditor's rights from the guarantor;
3) The borrower suffered a major natural disaster or accident and suffered huge losses and cannot obtain insurance compensation, or is indeed unable to repay part or all of the debt after insurance compensation, and the financial enterprise cannot recover the creditor's rights after repaying its property and pursuing compensation from the guarantor;
4) Although the borrower and guarantor have not declared bankruptcy, closure, dissolution, or revocation in accordance with the law, they have completely ceased business activities, and their business licenses have been canceled or revoked by the industrial and commercial administration departments at or above the county level in accordance with the law. Creditor's rights that cannot be recovered after recovery;
5) Although the borrower and guarantor have not declared bankruptcy, closure, dissolution, or cancellation in accordance with the law, they have completely stopped business activities or their whereabouts are unknown, and they have not registered with the industry and commerce Or the debtor has failed to participate in the annual industrial and commercial inspection for more than two consecutive years, and the financial enterprise has not recovered the creditor's rights after seeking repayment from the borrower and guarantor;
6) The borrower has violated criminal laws and been sanctioned in accordance with the law, and his property is insufficient to return The debt is borrowed, and there are no other debt-bearers, and the financial enterprise cannot recover the debt after recovery;
7) Because the borrower and the guarantor cannot repay the due debt, the financial enterprise resorts to legal action. The court enforces the enforcement against the borrower and the guarantor. Neither the borrower nor the guarantor has property to enforce. After the court rules to terminate, terminate or suspend the execution, the financial enterprise still cannot recover the creditor's rights;
8) To the borrower After taking legal action with the guarantor, the court dismissed the lawsuit or ruled to exempt (or partially exempt) the debtor from liability due to the incompatibility or demise of the borrower and guarantor; or the loss or loss of the loan contract, guarantee contract and other rights documents The statute of limitations means that the court will not accept or support the claim, and the financial enterprise still cannot recover the debt after recovery;
9) Due to the above reasons 1 to 8, the borrower cannot repay the due debt, the financial enterprise shall comply with the law Acquire debt-repaired assets, the debt-repaired amount is less than the difference between the principal and interest of the loan, and the debt cannot be recovered after recovery;
10) When issuing a letter of credit, handling an acceptance bill, issuing a letter of guarantee, etc., when an advance is made, any letter of credit issued The applicant and the guarantor are unable to repay the advance due to reasons 1 to 9 above, and the financial enterprise cannot recover the advance after recovery;
11) Financial enterprises with investment rights in accordance with national laws and regulations For external investment, due to the fact that the invested enterprise declares bankruptcy, closure, dissolution or cancellation in accordance with the law, and terminates its legal person qualifications, the financial enterprise still cannot recover the equity after liquidation and recovery;
12) Financial enterprises adopt approved measures After the creditor's rights or equity are disposed of through market means such as package sale, public auction, transfer, etc., the difference between the sale transfer price and the book value can be regarded as bad debts; will a black account still be a black account after paying off the money?
After paying off the money It is still a black account, because it takes 5 years for the credit report to return to normal, and only within 5 years, the borrower maintains a good personal credit record will it return to normal. Currently, the credit report only retains credit records for five years, so through Five years of good credit history can overwrite previous negative records.
Legal basis:
"Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases Obstructing the Management of Credit Cards" Article 6 The cardholder uses the card for the purpose of illegal possession , if the card is overdrafted beyond the prescribed limit or within the prescribed period and is not returned for more than 3 months after being called upon twice by the card-issuing bank, it shall be deemed a "malicious overdraft" as stipulated in Article 196 of the Criminal Law.
Malicious overdraft, if the amount is more than 10,000 yuan but less than 100,000 yuan, shall be deemed as a "relatively large amount" as stipulated in Article 196 of the Criminal Law; if the amount is more than 100,000 yuan but less than 1 million yuan, it shall be deemed as a "large amount" under the Criminal Law. "Huge amount" as stipulated in Article 196; if the amount is more than 1 million yuan, it shall be deemed as "especially huge amount" as stipulated in Article 196 of the Criminal Law. The amount of malicious overdraft refers to the amount that the cardholder refuses to return or the amount that has not yet been returned under the conditions specified in the first paragraph. Excludes compound interest, late fees, handling fees, etc. charged by the issuing bank.