The new version of the credit report of the central bank's personal credit information system has been put into operation, and the "validity period" of overdue records is officially set at five years.
The new credit report sets the starting point of overdue information as 65438+2009 10 month, and the previous bad repayment record has been deleted. Because the relevant departments have not clearly defined the restrictions on negative records, in the old version of the central bank's personal credit report, overdue records will be displayed no matter how many years ago.
The new credit report only shows the overdue records of consumers in the last five years. In the past, some people complained that they couldn't understand the personal credit report, because it was full of tables and numerical codes, and what each number meant had to refer to the notes to understand it.
The new version of the report has changed the presentation mode based on tables and used more words to describe it. At a glance, the public will know which cards are overdue and which repayments are normal.
At the same time, the new report also reserved a display area for information such as asset disposal and guarantor compensation.
In the early days of the establishment of China's credit system, many people paid insufficient attention to personal credit, so credit card or loans overdue behavior appeared.
Because banks and work units will refer to these credit records, long-term negative information has a serious impact on their lives and work. The launch of the new version of the central bank's credit report is equivalent to giving individual consumers who have not paid off their debts within the time limit an opportunity to turn over a new leaf, re-establish and accumulate personal credit records.
It is reported that if there is negative information on the personal credit report, residents are likely to be affected when applying for credit cards and mortgages. In addition to the most common credit card overdraft and personal mortgage repayment in loans overdue, some behaviors such as arrears of living expenses and guarantees may be included in the personal credit report.
The report shows whether I owe taxes, civil judgments, enforcement, administrative penalties or telecommunications arrears. , which will be displayed in the report. This means that in the future, arrears in water, electricity, gas or fixed telephone charges, as well as providing guarantees to third parties, and third parties failing to repay on time will also be included in bad credit records.