1, "Regulations on the Administration of Credit Information Industry" stipulates that the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident; More than 5 years, should be deleted. However, it has never been returned. After five years, bad credit records will not be eliminated.

2. The time of the credit record is not the time when the bad behavior starts, and it will be deleted after 5 years, but 5 years from the date when the bad behavior or event ends. In other words, five years refers to five years after the credit card arrears are settled.

3. If it is not settled all the time, overdue records will always exist and will affect the economic life after loans and credit cards. With the wider coverage of credit records, life will become more and more troublesome.

4. The bank charges interest, with a daily interest rate of five ten thousandths, compounded monthly, and the interest rolls and the arrears increase.

5. The bank will start dunning. If the collection fails, the bank will transfer the bill to the collection company, which will collect it. If the collection fails, the bank may sue and the cardholder may have to bear the legal consequences.