No.

Once a negative record appears (such as overdue credit card repayment), it cannot be eliminated. The personal credit report objectively displays the user's repayment record. If the debt is paid off, the personal credit report will show that it has been paid off. records, but negative records such as overdue records that did occur before cannot be deleted or modified.

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. If it exceeds 5 years, should be deleted.

The starting point of 5 years referred to here is from the date the bad behavior or incident terminates, not from the date the bad behavior occurs. In other words, if a loan is overdue, it can only be deleted after 5 years until the outstanding balance is paid, instead of being automatically deleted after 5 years from the overdue date.

Extended information

When the information in the personal credit report is incorrect, there are two ways to deal with it: bring the original and copy of the valid ID document and the personal credit report to the location Submit an objection application to a branch of the People's Bank of China; or directly contact the bank that handles banking business.

After receiving the objection application, the Credit Information Center of the People's Bank of China and the handling bank will immediately verify the objection application, correct the incorrect information, and respond within 20 days.

Each borrower must fulfill his responsibilities conscientiously to avoid failure to repay loans in time or credit card overdrafts. In the event of overdue return, remediation should be made within the shortest possible time.

People's Daily Online - There are currently 3 ways to check personal credit reports