The bad credit record of a credit card is only for the party concerned and not for the third party, so it is possible for other people to get loans.

The impact of credit card overdue:

1. If it is overdue within a month, it is considered overdue. As long as it is overdue, even once, it will be more difficult to increase the credit limit;

2. If you are overdue 3 times in a row or 6 times in total, you will have a bad credit record, and it will be difficult to get a loan or apply for a credit card in the future;

3. If you are overdue for a certain amount and time, the bank will freeze the credit card.

Extended information:

Credit stain, also known as bad credit record. It belongs to the aging category of personal credit records. After a bank customer applies for a loan, due to some reasons, the repayment is overdue, which is a credit stain.

Different banks have different standards for approving personal credit records. As time changes, consumers’ economic conditions and repayment situations will also change. Banks will not always pay attention to consumers’ early bad debts. Credit history.

On November 2, 2012, the central bank confirmed that a new version of the personal credit report has been launched. Overdue credit cards and loans before October 2009 will no longer be displayed, and overdue records will be retained for 5 years thereafter. , which means that citizens’ overdue negative records will no longer remain with them for life. If they can repay their loans in full and on time for 5 consecutive years, their credit will be cleared.

Reference: Credit stain-Baidu Encyclopedia