1. Since the bank has cancelled the use of the card, you only need to cancel the card at the bank, so as to avoid the influence of annual fees and late fees on your personal credit information. If the card is in arrears, you can pay off the cancellation.

2. After you cancel, other cards will repay on time normally, and your other business will not be affected after 2 years?

As long as the debt is paid off and cancelled, your other business will not be affected within 2 years.

4. Being able to use other banks' cards normally to improve your credit rating is to restore your credit and credit information to normal, not to offset what you said.

Credit investigation records personal past credit behaviors, which will affect personal future economic activities, and these behaviors are all reflected in personal credit reports.

Extended data:

Through legislation, commercial banks and other credit information providers are required to inform enterprises or individuals in advance when reporting bad credit information to credit reporting agencies to ensure the accuracy of credit information. On the one hand, it is conducive to improving the legitimacy of the credit investigation procedure, on the other hand, it is also conducive to reducing the social cost afterwards.

As operators, banks should bear more social responsibilities and remind credit risks. Before providing bad records to the credit information system, a bona fide confirmation system should be established and informed in writing to provide opportunities and channels for the parties to raise objections and defend themselves.

References:

Baidu Encyclopedia-Zheng Xin