How do bad credit card records arise? How to avoid a bad credit record?

To put it in the simplest terms, it means that the money has not been repaid to the bank, so I will give you a credit. Introduce the process of late bank repayment leaving a bad credit record, and use specific data to illustrate it.

For example, if you spend 1,000 yuan in May, you should pay the bank back in June.

If you fail to repay the bank money in June, the bank will automatically record it and then report it to the People's Bank of China, which is what we call expected 1 time. If you haven’t repaid the loan in July, you will have to pay twice, and in August, you will have to pay three times.

You will be on the bank's blacklist after three times, but in fact, generally as long as you are overdue once, no bank will do business with you, except when your character breaks out.

There is a way to avoid overdue payment. For example, if you spend 1,000 yuan and are unable to pay it next month, choose the minimum repayment, which is usually 10.

That is to say, if you spend 1,000 yuan in May, , repay RMB 100 first in June. This is what the bank calls the minimum repayment. In this way, overdue payments can be reasonably avoided. Of course, the corresponding interest will be higher.

What is a bad credit card record?

The so-called bad credit card record refers to improper use of credit cards and failure to repay the amount in time, which causes personal credit problems in the People's Bank of China. Bad records. The professional term is personal credit investigation, not the so-called black account.

What is a bad credit record?

A bad credit record refers to a personal credit report that has a bad credit record in the credit system. Usually bad records include overdue loans, Overdue credit cards, administrative penalty records, etc. When the personal credit report is bad, the user's loan application will be rejected by the bank, and the credit report must be corrected in time, because it will be saved for 5 years after the correction, and will automatically disappear after 5 years. .

Users must repay all kinds of loans they handle on a timely basis, and there must be no overdue repayment, because overdue repayment will generate penalty interest, and the longer the time, the more the penalty interest will be. Moreover, the platform will collect money after overdue repayment. A common method of collection is to call the user's phone number and continue to collect the money until the user returns it.

Personal credit records record personal basic information, credit transaction information, number of inquiries, etc. This information is shared by financial institutions only. As long as there is a default record in one financial institution, other financial institutions will query the credit report. You can see that, which is why you need to ensure that your credit record is good.

It is worth mentioning that users can usually make inquiries through different channels, such as the official credit reporting website of the People's Bank of China, branches of the People's Bank of China in various places, commercial banks, etc. They need to bring their personal information when making inquiries. Valid identity certificate. It is worth mentioning that there are two opportunities for free inquiry and printing of personal credit reports. Subsequent inquiry and printing will be charged.

What is a bad credit record?

What is a bad credit record?

Credit stains are also called bad credit records. It belongs to the aging category of personal credit records. After a bank customer applies for a loan, due to some reasons, the repayment is overdue, which is a credit stain. Different banks have different standards for approving personal credit records. As time changes, consumers' economic conditions and repayment situations will also change. Banks will not always pay attention to consumers' early bad credit records. On November 2, 2012, the central bank confirmed that a new version of the personal credit report has been launched. Overdue credit cards and loans before October 2009 will no longer be displayed, and overdue records will be retained for 5 years thereafter, which is equivalent to citizens’ overdue records. Negative records will no longer accompany you for life. If you can repay your loan in full and on time for five consecutive years, your credit will be clean.

I had a bad credit record before and now I also have a bad credit record

Yes, as long as you have a bad credit record, every bank will show it, so it is difficult to remove this record. Yeah, it’s very difficult to get a loan. I hope you can adopt it.

What is a bad credit record?

It means that a credit card or loan has been overdue. It will cost you even a dime a day. Show that you must not have bad credit card records

What is a bad credit card record?

You can directly find someone who specializes in eliminating it to help you! It doesn’t matter if it’s faster this way! ,,

Bad credit card record. Previously, the Legislative Affairs Office of the State Council issued the "Credit Information Management Regulations (Draft for Comments)", which mentioned for the first time the issue of the retention period of negative records: credit reporting agencies are not allowed to disclose or use individuals with bad credit behavior or incidents that have been terminated for more than 5 years. Bad credit record, and personal criminal record for more than 7 years from the date of completion of the sentence. To inquire about bad credit card records, you need to go to the local credit reporting department of the People's Bank of China. Don't worry about the problem, it will be updated every five years. The retention period for bad credit card records is calculated from the date the loan is repaid and will be retained for a certain period. But there was really no definite statement before. Therefore, negative information has been stored from the time the database was established to the present. The general international practice is to retain it for 7 years. For credit card overdue records, if you print a credit report, only the repayment information for the past two years will be displayed. According to the practice in the United States, general negative information is retained for 7 years, and bankrupt, particularly serious and obviously malicious negative credit card records are retained for 10 years. After the retention period, bad credit card records will be deleted from personal credit reports. Bankers said that this regulation is similar to international practice and is more practical. If the retention period is too short, it will not be enough to serve as a good warning for breach of trust, but it will be too severe for those breaches of trust that are not caused by subjective will. It is difficult to get a loan with a bad credit card record, and there are frequent cases of being unable to borrow from banks due to bad credit records.

The so-called bad credit card record refers to the improper use of credit cards and failure to repay the amount in time, resulting in an individual having a bad record in the People's Bank of China's personal credit report. The professional term is personal credit investigation, not the so-called black account.

When you make a purchase with a credit card, the credit card will generate a loan repayment record, and a consumption record will be sent to the user after a few working days. The letter contains the minimum loan payment amount and the latest payment date. The minimum loan payment amount is not the entire amount of your credit card purchases. The latest repayment time is generally twenty days after the card payment is made. Therefore, as long as the cardholder's loan repayment amount does not reach the minimum loan repayment amount within twenty days, a bad record will be generated.

Bad credit record problem?

1. Regarding bad credit problems caused by overdue student loans.

First, after signing a student loan contract with a bank, when you obtain a bank loan, you must also bear the obligation to repay various debts under the loan contract to the bank as stipulated in the loan contract. The ultimate responsibility for the performance of this obligation is you. The performance of this obligation is not premised on bank notification, nor will it be exempted or extended because the borrower continues to study for graduate school (unless the borrower applies for a loan extension while studying for graduate school)

Second, if you strictly follow the installment loan contract and one or more overdue payments occur during the loan repayment period, even if the loan is settled, it does not mean that you did not breach the contract when performing the loan contract, that is, there was no overdue payment. Repayment does not mean that the settlement of the loan will eliminate the overdue repayment record generated during the loan repayment period.

Third, the credit record generated by the ICBC credit card will not cover the credit record of Agricultural Bank of China

Fourth, the creator and ultimate responsible person of the personal credit record is the natural person himself. Except for cases where bad records are caused by no fault of the person, such as fake loans (bad credit records caused by fake loans can definitely be deleted, of course this is another matter), all records in the personal credit record are It comes from a natural person's personal use of credit transactions such as loans and credit cards, and is a true and faithful record of the natural person's credit transaction activities.

At this time, even if the actual repayment date is the day after the repayment date stipulated in the contract, the bank's system will record the repayment as an overdue repayment and upload it to the People's Bank of China credit system on a regular basis.

To sum up, although we sympathize with the poster's situation, the responsibility for the bad credit record problem caused by the overdue student loan should be borne by the poster, and it is impossible to submit an objection application to the People's Bank of China in a similar way to a fake loan. Delete overdue records.

2. Regarding the validity period of bad credit records.

First, my country’s current credit reporting regulations do not stipulate the validity period of bad credit records. That is, all personal bad credit records are recorded, and the cumulative number of overdues can be queried, but only the number of overdue periods can be queried. Detailed records of loan and credit card repayments in the last 24 months. Therefore, Agricultural Bank of China's credit card repayment details still show loan records for the 24 months before February 2010.

Second, future changes: The Legislative Affairs Office of the State Council announced the "Credit Information Management Regulations (Draft for Comments)" on October 13 last year. Article 21 of the consultation draft stipulates: "Credit reporting agencies shall not disclose or use personal bad credit records that have been more than 5 years since the date of termination of the bad credit behavior or event, and that have been more than 7 years since the date of execution of the criminal penalty. "This means that after the regulations take effect (this is just a draft for comments, it does not rule out that this provision will be modified, but the spirit of this provision stipulating the validity period of bad credit records should be adopted), personal bad credit behavior or Five years after the event is terminated, the bad credit record will not be inquired by banks and other institutions (nor will it continue to affect loan applications, credit card applications and other activities. Of course, it is not excluded that in the case of loan activities or credit cards that generate bad credit records The internal system of the lending bank or card-issuing bank still stores the record, which will have corresponding effects.

3. Regarding the issue of applying for a credit card

First, the credit card was applied for under a false name. This is a common problem that occurred when banks started to carry out credit card business in the past few years, especially when they outsourced part of the credit card issuance business. If a credit card is indeed applied for under a false name, it means that the cardholder did not fill out the credit card application form. The applicant's signature on the credit card application form is not his own signature. The person who has applied for the credit card under a false name can directly contact the bank and request the bank or the People's Bank of China to delete the resulting bad credit record.

Second, regarding the issue of credit card annual fees. When applying for a credit card, cardholders should carefully check the issuing bank’s detailed regulations on credit card annual fees, because many banks do stipulate that annual fees will be incurred even if the cardholder does not open the card ( This is indeed an overbearing clause and an unreasonable clause). It should be noted that banks will use small gifts to attract applicants to apply for credit cards. At this time, you must not fall into the trap of the bank because of small gifts.

What are the bad credit records? What should I do if the bad credit record affects the loan?

You can only get a loan after reorganizing your credit record. Application conditions:

1. Be a resident of mainland China who is over 18 years old. ;

2. Have a stable address and work or business location;

3. Have a stable source of income;

4. No bad credit record, loan It cannot be used for stock trading, gambling, etc.

5. Other conditions required by the bank:

1. Submit to the local bank or lending institution. Application;

2. Prepare various information required for the loan;

3. Interview with bank or lending institution;

4. Bank audits lender qualifications;

5. Pass the audit and successfully lend.

What does bad record mean?

Let me give you a rough admission standard, which means no. Loan access will not be allowed if there is an overdue credit record. \Current credit record admission standards for personal loan customers\Personal loan customer credit records are obtained through the People's Bank of China credit information database, the bank's credit system or the Bankers Association blacklist. Loan applicant’s credit history.

The credit records of personal loan business customers are divided into three categories: "standard category", "exceptional category" and "rejection category". The specific application standards are as follows: \1. Standard category customers\ meet the admission requirements for applying for personal loans and are able to provide the necessary personal loan business For customers who apply for information and have a normal credit record, "normal credit record" means that the credit record meets the following conditions at the same time: (1) A single credit card is overdue M1 ≤ 6 times in the last 24 months, and there is no consecutive M1 Appears 4 times (inclusive) or more; \(2) A single loan is overdue M1 ≤ 6 times in the last 24 months, and no M1 appears 4 times (inclusive) or more in a row; \(3) A single non-concentrated quasi-credit The card (hereinafter referred to as non-centralized quasi-credit card) has no more than 2 overdue records of M3 and above in the last 24 months. \Explanation: The non-centralized version of the quasi-credit card refers to some bank quasi-credit cards that are not centrally managed with credit cards. Their quasi-credit cards have no overdraft interest-free period, but only a maximum normal repayment period of 60 days. \Explanation of overdue M (X): "M (X)" indicates the overdue period of credit card or loan. "2" refers to the applicant's credit card or loan repayment within 31---60 days after the last repayment date of the previous two periods; "3" refers to the applicant's credit card or loan repayment within 61---60 days after the last repayment date of the last three periods. -Repay within 90 days; and so on, the maximum value of X is 7, which means the loan is overdue for more than 180 days. \2. Exceptional customers\ (1) If the applicant's credit record has any of the following circumstances, the account manager must fill in the "Personal Loan Exception Recommendation Form" to explain the situation in detail, and after approval by the branch, the business can be initiated in an exceptional way Application: A single credit card has been overdue M16 times and ≤12 times in the last 24 months, or M2 ≥ 1 time and ≤ 2 times, or M1 ≤ 6 times but M1 has appeared 4 times or more in a row; a single loan has been overdue recently M1 is overdue 16 times and ≤ 12 times within 24 months, or M2 ≥ 1 time and ≤ 2 times, or M1 ≤ 6 times but M1 appears more than 4 times in a row; a single non-centralized quasi-loan card is overdue in the last 24 months M3≤4 times. \(2) If the applicant's credit record is bad due to the annual credit card fee or a small overdraft of less than 100 yuan, the account manager must fill in the "Personal Loan Exception Recommendation Form" in detail and obtain approval and signature confirmation from the branch. In addition, the applicant must also provide a description of the applicant's non-malicious overdraft and supporting materials. The specific standards are as follows: The credit report shows that a single credit card has been overdue M2 (or M2) twice in the past 24 months, but the reason for the overdraft can be proven It is caused by annual fees, or the overdue amount is ≤100 yuan. . The credit report shows that a single approved loan card has been overdue M3 (or M3) 4 times in the last 24 months, but it can be proven that the overdue reason is caused by annual fees, or the overdue amount is ≤ 100 yuan. \(3) If the applicant's credit record is poor due to non-subjective reasons, the account manager must fill in the "Personal Loan Exceptions Recommendation Form" to explain the situation in detail, and it must be approved by the branch to initiate a business application in an exceptional way:, due to credit reporting If the applicant's bad credit is caused by an error in the report, supporting materials must be provided to prove that the credit report is incorrect; If the applicant's credit is bad due to theft of the credit card, supporting materials approved by our bank must be provided; Other poor credit records of applicants caused by non-subjective reasons. \(4) For loans with full mortgage of the purchased property (only for residential and commercial housing loans), the applicant’s credit record admission criteria can be relaxed appropriately in the above situations (1) and (2), but it must be sufficient Explain the situation and start the business after three-level approval. The relaxed standards are that a single credit card or loan must not be overdue M1 more than 15 times, or M2 not more than 3 times, or M3 not more than 1 time in the last 24 months; M3 quasi-credit cards must not be overdue more than 6 times; \( 5) For various personal loans pledged and guaranteed by certificates of deposit, life insurance policies, physical gold, and financial management products, the applicant's credit record can only be used as a reference for loan approval. \3. Rejection Category\ Applications that do not meet the requirements of "standard customers" or "exceptional customers" will be rejected.

How do bad credit card records arise? What are the ways to eliminate it?

With more and more credit cards on the market, countless people use credit cards. So what should you do if you have bad records while using your credit cards? How do bad records arise? How can we know if there is a bad record?

1. How do bad credit card records arise?

When you use a credit card to make purchases, the credit card will generate consumption records. When it is time to repay the loan, the bank will send the cardholder a list of consumption records. The minimum amount required to repay the loan and the latest repayment date will be noted on the list. And the minimum loan repayment amount is only part of your consumption amount. The latest repayment date varies from bank to bank, but generally it is within 20 days after the card payment is made. Therefore, as long as the cardholder's loan repayment amount does not reach the minimum loan repayment amount within twenty days, a bad record will be generated.

2. How can I know my bad records?

As long as you bring your ID card to the People's Bank of China, no matter what kind of credit card you apply for, you can check your credit card records. It can usually be checked within two working days, and there are two ways to get the results. One is to go to the People's Bank of China to collect the results yourself after the results come out, and the other is to send it by mail. However, the cost of mailing must be borne by yourself.

3. What are the types of bad records?

Generally, there are two types of bad records. One is ordinary. An ordinary bad record is a slight late payment. The other is the blacklist bad record. The blacklist bad record is when the cardholder has a non-repayment record for more than 180 days.

3. How can I eliminate my bad records?

1. Credit card records generally only display records for 24 months, and records before 24 months are generally difficult to query. And you must be careful not to cancel your credit card after bad records appear, even if the bank prompts you to cancel the card. As long as you spend at least 1 yuan each month for the next 24 months and repay the loan on time, the bad records in the past can be overwritten and the consumption records will be regenerated without affecting future credit.

2. The time for bad records to be uploaded to the system is generally 90 days. As long as the bad records have not been uploaded to the system, the cardholder proactively contacts the card issuing bank to explain the reasons and With appropriate remedial measures, banks often help customers eliminate bad credit records as well.

3. The last way to eliminate bad records is time. According to the "Credit Information Management Regulations" of the Legislative Affairs Office of the State Council, the People's Bank of China generally only keeps personal credit records for 5 years. As long as the cardholder does not create any bad records within 5 years after the bad records are generated, the People's Bank of China will automatically eliminate the bad records of the cardholders.

That’s it for the introduction to what bad credit card records are.