Credit card bad debt refers to the accounts receivable of the credit card issuing bank that may not be collected in full in the end, that is, the accounts receivable that cannot be collected.

It is generally believed that if the debtor dies or goes bankrupt, the portion that cannot be recovered after being compensated with his remaining property and inheritance; accounts receivable that have been in arrears for more than 2 years can be recognized as bad debts.

There is another type of credit card bad debt. Bad debts refer 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.

Generally speaking, the People's Bank of China will not keep a balance for credit cards that are judged to have non-malicious, small-amount, and short-term overdue bad records. After 24 months of normal and good continuous use, it can be covered for 2 years. Previous non-serious bad record.

my country's credit card repayment records will display the repayment information for the last two years from the query date, which will be reflected on a monthly basis. Records two years ago will no longer be reflected on a monthly basis, but will be reflected in the system. Reserved for 5 years. Generally speaking, when banks check personal credit reports, as long as they see no bad records in the past two years, there will be no problem.

After a credit card goes bad, if the cardholder does not pay off the debt, the bank will not cancel the bad debt record. If the cardholder pays off the balance, the bank will update the record, but it will take 5 years to delete the record.