If the credit card is overdue and the bill is settled after consultation with the bank, the cardholder can choose to cancel the account. But strictly speaking, cancellation is of little help to the cardholder's credit information.

In the new credit report, the overdue amount and time of the cardholder's credit card in the bank will be clearly recorded. When the cardholder clearly pays the bill, it will take at least five years to eliminate the bad records in the credit information. If the cardholder chooses to cancel the account, the bad record of the card will exist forever, which will have a certain impact on the cardholder's future credit business.