Overdue credit cards can easily affect personal credit records and restrict cardholders from many business transactions. Will the bad credit card records be eliminated? How long will it take for the bad credit card records to be eliminated?'

Will bad credit card records be eliminated?

Personal credit records can be eliminated. This is not deletion of personal behavior, but overwriting the bad personal credit records, generating new personal credit records, and re-recording them after 5 years. .

The personal credit record will not always follow the cardholder. The personal credit record will record the personal credit situation in the past 5 years. If you want to eliminate the bad personal credit record, you need to create a good credit record.

Note:

Credit card repayment information will be rolled over in the central bank’s credit reporting system for 24 months. Bad credit records (such as overdue repayments) will be kept in the credit reporting system for two years. , if you find that you have paid off the card directly after it is overdue, the information will not be rolled over, but will be saved for a long time. Therefore, after a cardholder has an overdue credit card, it is best not to cancel the credit card immediately. It is best to continue to use it for more than 2 years and maintain a good credit record.