Detailed description:
1. Credit information system is an important tool to record personal credit status. When the repayment of personal loans and credit cards is overdue, the credit reporting agency will record this information in the file and classify and evaluate it according to the length of overdue time.
2. Overdue for more than 30 days and less than 90 days will be regarded as general overdue in the credit information system, which has little impact on personal credit. However, if it is overdue for more than 90 days, it will be considered as a serious overdue behavior and personal credit will be greatly damaged.
3. The identity of the untrustworthy person will be restricted in financial institutions, and financial services such as loans and credit cards may not be available again. In addition, the credit record of the untrustworthy person may also affect work, renting a house and buying insurance.
4. It is worth noting that the overdue credit record is not permanent, and it will be cleared automatically within a few years after overdue repayment. However, the length of liquidation time depends on the specific situation, and may also be different due to the quality of personal credit repair.
5. In order to avoid being identified as a faithless person, individuals should pay back on time strictly and develop good credit habits.
Extended data:
-Credit information system is managed and operated by credit information agencies in China, and the most common ones are the Credit Information Center of the People's Bank of China and the Credit Information System of the Central Bank.
-In addition to overdue repayment, other abnormal behaviors such as fraud and breach of contract will also be recorded in the credit information system, which will adversely affect personal credit.
Individuals with good credit records can usually enjoy more financial and social welfare services, such as lower loan interest rates and higher credit lines.
Summary:
Overdue for more than 90 days will be counted as dishonesty, which will have a serious impact on personal credit. Overdue credit records may lead to limited financial services, affecting work, rental, insurance and other aspects. Individuals should always pay attention to repayment on time and develop good credit habits.