When a citizen with a bad credit record borrows money from a bank and fails to repay it as agreed, the bank will submit relevant information to the People's Bank of China, and the People's Bank of China will write the above behavior into the citizen's personal credit record. Such a record is called a bad credit record.

In any of the following circumstances, it shall be recorded in the bank's bad records:

Customer's current situation in the Bank's personal credit information system or bank and interbank accounts (including housing loans, automobile consumption loans, personal consumption loans, credit cards, etc.). ) overdue, or have a bad record of overdue for more than 90 days within one year (that is, the overdue status flag is "4").

Knowing that the customer has any of the following circumstances through other credit channels:

(1) Being listed in the bad customer information database of banks, peers or credit reporting institutions due to illegal card use;

(two) the defendant has a major lawsuit or arbitration and other legal disputes;

(3) maliciously defrauding bank funds;

(4) Having a criminal record during his imprisonment or in the last seven years.

3. Other bad credit behaviors identified by the issuing bank.

4. The customer has a bad record overdue for more than 60 days in the bank credit information system within 12 months (that is, the overdue status flag is? "3")。

If the minimum repayment amount can be guaranteed and only the loan interest is charged, it will not be overdue and there will be no bad record. A bad record is a failure to fulfill repayment obligations after a malicious overdraft.