1 month. After the borrower's bad debts are paid off, it will be about one month before the credit information system updates the records. Even if the borrower has paid off the bad debts, it does not mean that the records about bad debts in the credit information will be cleared. Under normal circumstances, the bad debts will be automatically cleared by the system after five years from the day when the bad debts are paid off.
1. Bad debt refers to a loan that has exceeded the repayment time and cannot be recovered after repeated urging by the lender, and has been in a stagnant state for a long time. Compared with the general overdue repayment, the situation of bad debts is much more serious, and bad debts are also the most serious record in the central bank's credit information system. If the borrower has a record of bad debts in credit information, it is almost impossible for the borrower to make a loan or apply for a credit card through normal channels before paying off the bad debts, because when making a loan or applying for a credit card, the lender will review the personal credit information record, and if there is a record of bad debts, the borrower's application will be rejected.
2. There will never be a way to get a credit card if you don't get rid of the bad debts in the credit investigation, and the only way to deal with the bad debts is to pay off the overdue debts, but it will take some time to completely restore the credit investigation.
3. Everyone should know that bad debts are seriously overdue. Generally, those who owe money for a long time and fail to repay after repeated collection, the lending institution thinks that it may not be able to recover the money, so it will handle the bad debts and report them to the credit information system. Credit information will not only show overdue, but also show bad debts in special transaction records.
4. In any case, bad debts are caused by arrears, so the solution is to pay off the arrears. Then the lender should not forget to contact the lending institution and ask them to report the repayment information in time. Generally, the bad debts on the credit report will disappear after the bad debts are paid off, but the overdue records of the credit report will still exist.
5. According to the regulations on credit management, bad records can only be eliminated after 5 years from the date of termination, which means that overdue records after bad debts are treated will be eliminated after 5 years from the date of repayment, and credit information can be restored. However, there are also special circumstances in which credit information can be resumed in advance and certain conditions need to be met.
6. That is, the bad debts not caused by the lender's subjective will, such as fees other than the principal such as annual credit card fees, interest, late fees, etc., are accidentally forgotten to be repaid. You can contact the lending institution to explain the situation after paying off, or directly apply to the credit information center for a lawsuit, and after confirming that it meets the requirements for modifying the credit information, the credit information can be resumed within 2 days at the earliest.
operating environment: is Huawei Glory V2harhonyos2.. still a black account after the bad debts are settled?
Yes, it is still a black account after the bad debts are settled.
it is well known that bad debts will be formed if overdue for a long time. Usually, if the arrears are delayed for more than 18 days, bad debts will be displayed on the credit report. The consequences of bad debts on credit information are much more serious than overdue. Once there are bad debts on credit information, the loans that users apply for later will be rejected.
can bad debts be eliminated after they are paid back?
bad debts can be eliminated after they are paid back. Users should pay off the money owed by bad debts after the deadline, and then ask the bank to delete the record of bad debts. After receiving the application, the credit reporting agency will apply to the credit reporting center to modify the credit reporting, and then modify the bad debt records on the credit reporting as overdue. The central bank's credit information center will handle it within 2 days. After successful processing, the credit information will be updated, and the bad debt record will become overdue.
bad debts will not be eliminated after they are paid back, and they will not be eliminated directly after they are paid back. You need to contact the credit reporting agency for handling. When the user does not contact the financial institution to handle the business, the user only pays off the money, and there will still be bad debt records on the credit report. As long as there is a record of bad debts in the credit report, it will completely become a bank black account, and even a basic credit card may not be possible without eliminating bad debts.
after the user cancels the bad debt record in the contact institution, the previous bad debt record will become overdue. Although there are overdue records in the credit report, the degree of bad debts is still lighter, and at least there is a chance to apply for loans or credit cards, which will not be directly rejected like bad debts.
Generally speaking, bad debts can be eliminated, but they cannot be eliminated until five years after the date of termination, not from the day when the bad debts are paid off. It can be completed in about 2 months, and the processing time for the bank to delete bad debt records is 2 days < P > After the bank applied for a loan, it never repaid, and finally bad debts were formed. For this kind of people who don't pay back their debts, basically all banks are forbidden to have any business dealings with them, so it is difficult to get a loan. Even now, most of the small loan accounts have been in line with credit information, and there will be certain requirements for everyone's credit information. Don't say bad debts, even blacklisted users can't make money. Usually, for users who fail to pay back for a long time, banks will take judicial prosecution to solve it. As far as bad debts and blacklists are concerned, the former will be more likely to be prosecuted. The reason why some small partners are not prosecuted after they have bad debts is only because the amount is not very large, so the bank will wait for a sufficient number of users to collect them before dealing with them centrally. What is bad debt? How serious are the consequences of bad debts?
When many people go to banks or small loan companies to apply for loans, they will find that they have been refused loans after completing the credit investigation. The reason is that there is a bad debt in the credit investigation report. So what is bad debt? Why can't I get a loan if I have bad debts?
what is bad debt?
bad debts, also known as "bad debts", refer to accounts receivable that have passed the repayment period, can't contact the cardholder or can't be recovered after being urged, and are in a sluggish state for a long time, which may become bad debts. Simply put, bad debts are accounts that have not been paid off for a long time. In personal credit reporting, bad debts are a more serious performance than overdue.
what are the effects of bad debts?
generally speaking, if there is bad debt, it means that the overdue payment has not been paid off for at least 2 years, and some people think that one bad debt is equal to 5 overdue. Therefore, once the word "bad debts" appears on the credit report, it means that we have no connection with the bank's loan and credit card business. Moreover, if bad debts are not handled, this credit record will follow us for life. Only when the debts are paid off and then the account is cancelled will the bad debt record be eliminated.
why are bad debts generated?
first, the credit card is overdue, resulting in bad debts
This situation is generally that the credit card has been spent, but it has not been repaid, resulting in overdue, and for various reasons, long-term non-repayment will lead to bad debts. This kind of bad debt is called general bad debt.
Second, overpayment of debts resulted in bad debts
The main reason is that part of the credit card was repaid, and the credit card was not used again, so the balance was never taken out. After a long time, the "overpayment" in the card resulted in "bad debts". The bad debts caused by this situation are overpayment bad debts.
Third, the annual fee is in arrears, resulting in bad debts
Some people have never used it after handling the credit, forgetting that they still need to pay the annual fee. In the long run, the annual fee in arrears will form bad debts. This kind of bad debt is generally called annual fee bad debt.
so how to prevent bad debts?
1. Set up a credit card repayment date reminder on the mobile phone to repay in full and on time;
2. If personal information changes, immediately notify the bank to change personal information;
3. Pay back accurately according to the bill number, and don't overpay;
4. Don't use too many credit cards at the same time. Find out whether you need an annual fee for the credit cards you are using. If you don't use the credit cards, you must cancel them at the bank counter and take out the overpayment.
5. check your personal credit report regularly, and make clear your credit information (but don't check it frequently).
how to save bad debts?
general bad debts: the cardholder can cancel his credit card immediately after paying off the bank's debts in full, and this bad debt will become an overdue record, which will be kept in the credit record for 5 years from the date of paying off.
Overpayment of bad debts: After the cardholder takes out this "overpayment", he cancels his credit card and all related accounts, and asks the bank to cancel the record of bad debts on the credit report.
bad debts of annual fee: after the credit card is completely cancelled after the arrears are paid off, the bad debts will become overdue records and will be kept in the credit record for 5 years.
In short, if there are bad debts in your credit record, you will basically be rejected thousands of miles away when you apply for a loan or card, and it is relatively troublesome to deal with the bad debts. Therefore, in case of bad debts, you must actively contact the bank to pay off the money and eliminate the records, so as not to affect our future life. Will bad debts become overdue after paying off them?
As long as the loan principal and interest are settled, the credit investigation will change from bad debts to settlement, but it will show that there have been overdue records.