Many people have this situation because they have no awareness of credit card risks. Banks also don’t have good instructions when issuing credit cards. Failure to pay the annual fee on a credit card, late payment fees, and multiple overdue payments will automatically create a bad credit record.

Since the personal credit information system is established by the People's Bank of China, inquiry records are generally retained for 2 years. There is no way for banks to eliminate themselves.

There is no good way to eliminate it now, and the country has not yet introduced policies to solve this situation. Bad credit information will be deleted from the credit report after a certain period of time. Moreover, as long as the individual is honest and trustworthy in future credit activities, as time goes by, new and good records will gradually be refreshed and replace the old ones. Negative record.