How long does it take for the credit card blacklist to be removed? How to eliminate it?
The credit card blacklist refers to users who have been overdue for a long time, failed to repay due to repeated reminders, illegally cashed out, etc., and have been included in the credit card denial list by the relevant banks. It can be seen that the impact of credit card blacklisting on individuals is also very bad. So, how long does it take for the credit card blacklist to be eliminated? How to eliminate it?
How long does it take for the credit card blacklist to be removed?
For example, credit card repayment records will display the repayment information two years from the query date and reflect it on a monthly basis. If the record is two years ago, it will no longer be reflected on a monthly basis, but the record It will be retained for 5 years and will not be displayed again after 5 years.
So the blacklist data will be retained in the bank's personal credit system for five years. Therefore, it will take five years for the blacklist to be completely eliminated. Particularly serious and obviously malicious negative information, such as bankruptcy, will be retained for ten years. After the retention period, negative records will be deleted from personal credit reports.
Because my country’s credit information is networked nationwide, the blacklist cannot be eliminated before the retention period expires and can be seen by all banks. But don’t cancel the credit card after it is on the blacklist. Because after the credit card is cancelled, the credit card blacklist will not be cancelled.
Although the blacklist cannot be removed during the retention period, we can improve personal card usage records. Cardholders can make normal purchases and repay on time in the subsequent use of the credit card. In this way, the new card usage records will overwrite the old card usage records. After 2 years, a good credit record will overwrite the credit card blacklist records. .
Credit card blacklists have a great impact on individuals, and they cannot be eliminated in a short time. Therefore, when you usually use credit cards, you must maintain a good card usage habit and remember to be on time. Make repayments to avoid bad records such as overdue payments.
How to eliminate bad records on credit card blacklists
Credit has always been highly valued. With the development of Internet information technology, personal credit reporting has become particularly important. If you have a credit card spending habit, you must remember to repay your bills on time, and do not use credit cards to cash out easily. Your credit will be greatly reduced if the bank finds out. Today I want to talk to you about how to eliminate bad records on your credit card blacklist.
How to check bad records on credit card blacklists
1. Bring your valid ID and go to the credit reporting department of the local branch of the People's Bank of China to check your personal credit report, including the credit card blacklist. Bad records cannot be checked on behalf of others.
2. The Credit Information Center of the People's Bank of China has launched a service for checking personal credit reports through the Internet across the country, including personal credit card records. The website provides 7×24 hours service. Cardholders can register as users according to the prompts and can query after passing identity verification.
3. Call the customer service number of the card issuing bank to check the bad records on the credit card blacklist.
How to eliminate bad records on credit card blacklists
The central bank stipulates that all card-issuing banks must upload customers' consumption and repayment records regularly. The bank will not do anything with your credit card usage records. Any evaluation is only a truthful feedback to the central bank on the cardholder’s card usage records.
Summary: How to eliminate bad records on the credit card blacklist? It is better to continue to use your credit card honestly. Remember not to cancel the card, otherwise your credit card blacklist records may stay with you for a lifetime.
How to remove an overdue credit card from the blacklist
Credit card records are a dynamic process, which means that bad records caused by overdue credit card repayments will only be saved in the credit reporting system for two days. If you no longer use this card, the bad records will be kept forever, but if you continue to use it and maintain good repayment habits, the credit card records will continue to be updated, and the bad records can be replaced. If you are blacklisted because of cashing out with your credit card, then you should use the card normally for consumption, do not cash out again, use more merchants with points, and diversify your consumption. After consumption, you can also apply for some installments to improve the trust of the bank. In the long run, sooner or later, Will be released from the blacklist by the bank.
If a credit card is put on the "blacklist" due to overdue repayment, after paying off the debt and maintaining a good credit record, the overdue record will be eliminated after 5 years.
Extended information
"Credit Reporting Industry Management Regulations"
Article 16 The retention period of personal bad information by credit reporting agencies shall start from the bad behavior or incident. It shall be 5 years from the date of termination; if it exceeds 5 years, it shall be deleted. During the retention period of adverse information, the information subject may explain the adverse information, and the credit reporting agency shall record it.
There are two situations:
1. If the payment is overdue due to bank reasons, you can ask the bank to issue a certificate.
2. If you are sure that you have not repaid the loan on time, do not cancel the credit card account and continue to use it for two years without overdue payments. Then the credit record printed by the bank will only show the past 24 months. Repayment records and credit records show normal. If the card has been canceled, the overdue status in the credit report cannot be eliminated. If you use other credit cards and other loans normally, it can also mean that you are no longer overdue without malicious intent, and you will be able to get a loan from the bank.
It also depends on your overdue amount. If the amount is small, it will have little impact on loan approval.
Depending on the specific situation, someone may take advantage of your overdue payment to maliciously charge loan and other fees.
Those on the credit blacklist should perform their repayment obligations in a timely manner. The credit blacklist starts from the day the overdue loan is settled and will be automatically lifted after 5 years. However, if the arrears are not settled, the overdue records will be kept permanently.
According to Article 16 of the "Credit Reporting Industry Management Regulations": the credit reporting agency's retention period for personal bad information is 5 years from the date of termination of the bad behavior or event; if it exceeds 5 years , should be deleted.
How to recover from a blacklisted credit card
Methods to eliminate the blacklist: 1. If the bad record on the credit report is caused by incorrect information entry, you can get your ID card to The objection application filed by the local central bank can usually be resolved within 10 working days; 2. If the overdue case is not malicious, the bank can issue a non-malicious overdue certificate; 3. After waiting for five years, the bad records on the credit report will be automatically eliminated. At that time, the credit card blacklist can be eliminated.
Extended information:
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.
The invention of credit cards is like a double-edged sword, which can solve the temporary economic crisis. However, the purpose of banks issuing credit cards is to make money. Once the interest-free repayment time is exceeded, high interest will be charged. , generally an interest of 0.05% per day.
Swiping cards for blind consumption is not like spending money one by one like paying with cash. Once you swipe, you don’t feel anything, just a few numbers, which leads to blind consumption and money flowing like water.
Excessive consumption of laptop installments, digital camera installments, and smartphone installments. While enjoying your favorite items in advance, you must also consider whether you are able to repay them.
High Interest Rates If you don’t know how to take care of your credit card and cannot repay the loan as scheduled when the final payment date comes, the bank will charge you high interest rates. (The minimum repayment for the first month of a credit card shall not be less than 10% of the overdraft amount of the month) [8]
Credit cards that require annual fees basically have annual fees, but most of them are exempt from annual fees. For example, China Construction Bank only needs to swipe the card three times a year to be exempted; but if you do not swipe the card the number of times specified by the bank in a year, an annual fee will be charged.
Scam credit cards basically use password-free swiping by default. This makes it easy for someone else to swipe the card when it is lost or stolen, causing unnecessary trouble or losses; but in fact, you can also apply for a credit card. Spending by swiping the card with the password - this depends on how you manage your credit card. Of course, many people lack experience in this area and do not close the account after canceling the credit card. Some criminals re-apply for a credit card overdraft and lose money in vain. , very not worth it.
Affected personal credit record Long-term malicious arrears will naturally affect personal credit record and even be blacklisted by the bank. If you want to apply for a bank loan to buy a house or a car in the future, you may be rejected by the bank.
This ends the introduction on how to eliminate the credit card blacklist and whether you can still apply for a credit card after the credit card blacklist is eliminated. Have you found the information you need?