Monthly credit reporting

The People's Bank of China requires banks to truthfully upload cardholders' repayment status, and stipulates that the frequency of banks' reporting of personal data should be every Once a month. Therefore, if a credit card is overdue twice, it means that the credit card repayment is overdue for more than two months. According to regulations, the bank has uploaded the cardholder's credit card overdue record, and the credit reporting system has been stained.

The impact of a credit card that is overdue twice

The bank will put a + sign on your credit rating for each overdue period, but usually it will take 3-4 months if your repayments are normal. Your + sign will be automatically removed unless you have not repaid the loan for 2 consecutive months, that is, your credit card is overdue twice in a row. As a bank, instead of putting a + sign on another line, it will give you 2 + signs, so your credit will be Something is wrong.

If your occasional overdue payments will not have a long-term impact on your credit rating, as long as you repay the money on time in the future, generally speaking, there will be basically no credit overdue records after 3-4 months. Two non-consecutive overdue credit card payments will have little impact on your credit record.

What to do if the credit card is overdue and has a bad credit report?

If the cardholder has a bad credit report due to an overdue credit card, he cannot cancel the card immediately, but continues to use the card and keep it in good condition. consumption records and repayment records. Because the information in the credit reporting system is a real-time rolling information of the past two years, that is to say, if the cardholder keeps the card usage record for at least two years, he can replace the previous overdue record, which will not affect your credit card application or loan application< /p>