Legal analysis: If there are overdue records on the credit report, it may cause the following adverse effects: 1. Damage to personal credit; 2. Impact on card applications and loans: it will cause banks, lending institutions, and platforms to If you fail to pass the review, you will be refused to approve the card or loan; 3. Affect travel and normal life: Once you enter the blacklist, your travel may be hindered, such as flying, high-speed rail, trains, etc. may be restricted; 4 . Prohibited consumption: high consumption is prohibited, you cannot stay in star-rated hotels, and you cannot spend money in nightclubs, golf courses and other high-end places; 5. Children cannot go to private schools: If the parents are the ones subject to execution for breach of trust, the children will not be able to attend high-fee private schools. School.

Legal basis: "Regulations on the Administration of the Credit Reporting Industry" Article 16 The retention period of personal bad information by credit reporting agencies is 5 years from the date of termination of the bad behavior or event; if it exceeds 5 years, should 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.