2. Handling will be affected by credit reporting. The Regulations on Credit Management stipulates that the retention period of personal bad information by credit reporting agencies is 5 years from the date of termination of bad behavior or incident; More than 5 years, should be deleted. When you handle new business, relevant departments will generally give priority to recent consumption and repayment records.

If you have a bad credit record, you can't get a loan and apply for a credit card within five years. Bad credit records can be deleted for five years before loans can be made.

4. Ms. Chen, who works in a public institution in Beijing, is going to buy a house with a loan. When she goes through the loan mortgage formalities with great joy, she is told by the bank that her personal credit is poor. After the bank refused to give her a loan, it was found that Ms. Chen handled the credit card business three years ago. At first, she didn't know, and the overdraft amount was large, which was overdue for several months. There is still a bad record of overdue overdraft for too long. Miss Chen suddenly realized that the consequences of swiping her card at will three years ago have become the "culprit" that hinders her from handling loans now.

5. Experts analyze the impact of bad credit card records on loans. As early as 2006, the personal credit information database of China People's Bank has been started and gradually upgraded. Now all the banks in the country are connected to the internet. Bank credit card customers or borrowers who maliciously default, overdraw or have bad repayment records will be recorded in the database.