Specifically, the following are the impacts of negotiated repayment on credit reports:
1. repayment information record: credit card negotiation repayment is a special repayment method, which is different from normal repayment in full and on time. The credit information system will record the related information of negotiated repayment in the personal credit information report, so that other financial institutions can understand your repayment behavior.
2. Bad record: If repayment is not negotiated frequently due to special circumstances, it may be considered as bad repayment behavior. Bad records will have a negative impact on your credit rating, which may lead to difficulties in applying for loans and other credit cards in the future.
3. Decline in credit rating: The credit information system will give you a credit rating according to your repayment and credit behavior. If negotiated repayment becomes your main repayment method, your credit rating is likely to decline. The decline of credit rating will affect your qualification and interest rate conditions for obtaining credit products and renting houses in the future.
To sum up, repayment by credit card agreement will have an impact on personal credit information. Frequent repayment negotiation may lead to bad records and lower credit rating, which will affect your various applications and transactions in the financial field.
It is worth mentioning that personal credit reports not only record negative information. If the credit card can be used reasonably and repaid in full and on time, it will help to establish a good credit record and improve the credit rating and personal credit ability.
Extended data:
China's credit reporting system is managed by the People's Bank of China, including personal credit reporting and enterprise credit reporting. Personal credit report is an important reference information to record personal credit status and repayment ability, which is widely used in financial institutions and other related units. In order to maintain personal credit records, it is suggested that you use your credit card reasonably, pay back in time according to the agreement, and avoid frequent bad credit behaviors such as negotiating repayment.
The above is the answer about the influence of credit card negotiation repayment on credit information. The negotiated repayment will be recorded in the credit report, which may have a negative impact on personal credit rating. Therefore, it is recommended that you abide by the relevant provisions of credit card repayment and strengthen your personal credit awareness in order to maintain a good credit record.