1. How long does it take for the credit report on China Merchants Union Financial to be cleared?

2. How long does it take to clear the credit report of China Merchants Union Consumer Finance?

3. Can the credit report on China Merchants Union Financial be eliminated?

4. Will the credit report be submitted after China Merchants Union Financial has canceled it?

1. It takes 5 years to eliminate the credit report from China Merchants Union Financial.

2. According to Article 16 of the "Credit Reporting Industry Management Regulations", the credit reporting agency's retention period for personal bad information is 5 years from the date of termination of the bad behavior or event.

3. If it is more than 5 years old, it should be deleted.

4. Overdue record data will be retained in the central bank’s personal credit reporting system for five years, and particularly serious and obviously malicious negative information such as bankruptcy will be retained for ten years.

5. After the retention period, the negative record will be deleted from the personal credit report.

6. If you want to eliminate it, you can only wait for five years. After the five-year retroactive period, the bank will automatically cancel the blacklist. However, please note that if your behavior was too bad at the beginning, the bank can ask you to continue Retroactively once (provide relevant proof, such as proof of repeated visits to the door, malicious fraud, etc.), which means that it must be extended for five years, or even permanently.

7. If there is a bad credit card record, the impact will not be significant if the original credit card is used normally for two years. Banks generally focus on the credit records of the past two years.

8. If you insist on using it for 5 years, it will be gone if it is overdue. The credit record will only show the credit record of the past five years.

9. Don’t be in a hurry to cancel the card, you must keep using it.