according to the bank's definition, "bad debts" refer to accounts receivable that have exceeded the repayment period and cannot be collected, and are in a sluggish state for a long time, which may become bad debts. One of them is credit card bad debts. If not handled, the "bad debts" records in personal credit reports will appear. You may be forbidden by the bank to handle all credit business, which will seriously affect future economic activities.

What should I do if I still have bad debts after paying off the debts?

First, I will pay off the debts immediately, and after 5 years, there will be no bad records in the credit report; Second, if you don't cancel the card after repaying the arrears, the credit information system will show it as "bad debt". Only when you cancel the card, the credit information system will show it as "account cancellation" and the overdue record. Although there are overdue records, it is much better than the "bad debt" credit card, and the bank will not blacklist you.

If the debt has been settled, but the card has not been cancelled, the "bad debt" record may still be displayed on the credit report. Just go to the bank to cancel the card, and the "bad debt" record becomes a "cancellation account" record.