The application will have an impact. The "Regulations on the Administration of the Credit Reporting Industry" stipulates that 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. When you handle new business, relevant departments will generally give priority to recent consumption and repayment records.

The People's Bank of China stipulates that all card-issuing banks must regularly upload customers' consumption and repayment records and cannot tamper with them. If you apply for a loan/credit card business with China Merchants Bank, our bank will not make any negative comments on your usage records. We will only provide you with truthful feedback on your historical usage records without any subjective judgment. If a bad credit report has occurred and there is no doubt about the record, the only thing you can do is ensure good repayment habits in the future.