Bank credit information shows bad debts, which means that the arrears cannot be returned after repeated collection. In the form of credit funds, it is divided into bad debts, which means death, but these claims have not disappeared. For you, there are two consequences:

1, the bank continues to collect money, but there are two ways. One is to transfer to the collection department of non-performing assets and collect them by special personnel. The other is packaged and sold to people in society for collection. If you buy this debt, the people who receive this debt have a triad background, and their methods are terrible.

It will be very difficult for you to apply for loans and credit cards in various commercial banks in the future, including mortgage to buy a car and a house. In severe cases (if the amount is large), it may affect flying and high-speed rail.