When applying for a card, most friends only focus on the credit card limit and ignore other factors of the credit card. The annual fee has expired and will add a "stain" to your credit report. How to eliminate the bad credit situation caused by this? Let’s take a look below.

How to eliminate overdue credit card annual fees?

Bad credit records caused by overdue credit card annual fees cannot be eliminated in the short term. Cardholders are required to wait for another five years for overdue debts, and the bad credit record will be automatically eliminated. Each card-issuing bank must regularly upload customer consumption and repayment records, which cannot be tampered with. No bank can tamper with a customer's credit record, nor can it make any negative comments on the usage record of any bill. It will only give back the history of the usage record truthfully.

If it is just an annual fee credit card that is overdue once or twice, it will not be very effective if the cardholder takes the initiative to explain the situation to the bank when applying for credit services.

In addition, the rolling record of credit card repayment information in the central bank's credit reporting system is generally 24 months, that is, the negative records caused by overdue credit cards are generally about 2 years. If the cardholder does not continue to use the card during this period, the records will stop rolling and the expired records on the card will be retained.

We remind everyone not to repay the credit card immediately after discovering that the annual fee is overdue. Instead, insist on using it for two years and ensure that there is no overdue credit card during the period of use, and rely on rolling records to maintain your credit record.