If there are bad debts in your credit report, you will be in trouble. Because bad debts are a type of credit reporting black account, if a user applies for a bank loan business with credit reporting, and the loan is overdue for more than 3 years (including 3 years) and the loan is not repaid, it will be judged as a bad debt loss, and the user will enter the credit reporting black account. List. If users want to remove bad debt records, they need to wait five years after settling all accounts. The credit record will be automatically cleared without manual intervention during this period. If there are bad debts on the user's credit report, it is basically impossible to apply for all loans. If no corresponding solutions are made, the user may even follow the user for the rest of his life. The above is the relevant content about whether it will be blacklisted if there are bad debts in the credit report. How to deal with bad debts

1. Bad debts caused by credit card overpayments: Users only need to withdraw or spend the overpayments and ask the bank to help deal with them as soon as possible to eliminate the impact;

2. Bad debts caused by overdue loans: Users need to settle the loan quickly and then contact the bank to solve the problem. After the bank solves the problem, it will become an overdue record. In the future, you only need to maintain a stable repayment record or wait for five years. With time, its negative effects can be eliminated.

This article mainly writes about the relevant knowledge points about whether bad debts in credit reporting will lead to blackouts. The content is for reference only.