1. How long will it take for a credit card to have an overdue record to be cancelled?

If a credit card has an overdue record, it can generally be canceled after 5 years.

"Regulations on the Administration of the Credit Reporting Industry"

Article 16

The credit reporting agency shall retain personal bad information for a period of time starting from the termination of the bad behavior or incident. It shall be 5 years from the date; if it exceeds 5 years, it shall be deleted.

During the retention period of adverse information, the information subject may explain the adverse information, and the credit reporting agency shall record it.

2. Will overdue credit card records affect the purchase of a car with a loan?

Having an overdue credit card with a record will affect the purchase of a car with a loan. The basic conditions for a car purchase with a loan are:

(1) The borrower is a citizen of the People's Republic of China with full capacity for civil conduct or an overseas natural person who complies with relevant national regulations;

(2) The purpose of the loan is clear and legal;

(3) The loan application amount, term and currency are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower’s credit status Good, no major bad credit record;

(6) Other conditions required by the lender.

3. Can employees be dismissed if they commit the crime of credit card fraud?

If an employee commits the crime of credit card fraud, the company can dismiss the employee. In labor relations, the employer may terminate the labor contract if the employee has any of the following circumstances:

(1) During the probation period, the employee is proven not to meet the employment conditions;

( 2) Serious violation of the employer’s rules and regulations;

(3) Serious dereliction of duty, malpractice for personal gain, causing significant damage to the employer;

(4) The employee and other employees at the same time The employer establishes a labor relationship that seriously affects the completion of the unit's work tasks, or refuses to make corrections after the employer proposes;

(5) The labor contract is invalid due to the employee's fault;

(6) Being held criminally responsible according to law.

4. Can a person who commits the crime of credit card fraud still be admitted to the civil service examination?

A person who commits the crime of credit card fraud will have a criminal record. If he has a criminal record, he cannot be admitted to the civil service examination. In our country, the circumstances under which civil servants cannot be admitted include:

(1) Those who have received criminal punishment for crimes;

(2) Those who have been expelled from the party;

( 3) Being dismissed from public office;

(4) Being listed as the subject of joint punishment for breach of trust in accordance with the law;

(5) There are other circumstances that prohibit employment as civil servants under the law.

The retention time of overdue records is clearly stipulated by the legal system. Therefore, if you do not repay your credit card or loan on time, there is no way to eliminate the overdue records in advance. For credit card holders, if the overdue record is not malicious, for example, because personal freedom is restricted or a car accident or other accident occurs and the credit card is not repaid in time, you can prepare valid proof and apply to cancel the overdue record.