The credit report will not be recorded until the 4th day after the Bank of Communications credit card is overdue. After using a credit card, you need to repay within the specified time. Credit cards often have fixed billing dates and final repayment dates. Generally, the last repayment date is 25 days after the credit card billing date. The period from the billing date to the final repayment date is the credit card repayment time. Generally, failure to repay on the final payment date is considered an overdue credit card. Under normal circumstances, Bank of Communications credit cards have a grace period for repayment, so they will not be reported to the credit record as soon as they are overdue. According to the regulations of Bank of Communications credit cards, Bank of Communications credit cards have a 3-day grace period for repayment, that is, if the payment is completed within three days after the final payment date, it is still considered to be repayment on time. But often when using a credit card, if the payment is not completed on the final payment date, it will be called overdue. Due to the existence of the repayment grace period, the Bank of Communications credit card will not be recorded on the credit record until the 4th day after the payment is overdue. For bank credit card products, late repayment is a very serious breach of trust. On the one hand, an overdue credit card will have a negative impact on an individual's credit report and directly affect the user's future application for credit products; on the other hand, an overdue credit card will generate corresponding penalty interest. In addition, when the credit card is overdue for 3 months, the bank will directly sue the bank to the court. In short, the consequences of overdue credit cards are very serious, and it is recommended that users still repay on time. After being included in the bad credit report, remember not to cancel the card at will after it expires

After canceling the card, the credit report system will no longer generate new credit records, so the bad record will always exist. The best way is to continue to use it for 24 months, and then do other processing after covering the previous negative records with good records.

Currently, many people believe that as long as you pay off the credit card debt with a bad credit record and then cancel the card, the bad credit record will be eliminated. This is incorrect. The retention period of "bad records" is 5 years. If it is more than 5 years old, the credit reporting agency should delete it. However, you must pay off all outstanding balances.

In addition, negative records caused only by credit cards can still be remedied. After paying off the debt and having a bad credit card record, as long as you insist on repaying the money on time and in full for two years, your bad credit record will be eliminated over time, and your personal credit will return to normal. status.

If you have a bad credit record due to non-personal reasons, you can ask the bank to issue a certificate for you that the debt is not malicious.