What is bad credit card record?

Bad credit card record. Previously, the Legislative Affairs Office of the State Council issued the "Credit Information Management Regulations (Draft for Comments)", which mentioned for the first time the issue of the retention period of negative records: credit reporting agencies are not allowed to disclose or use individuals with bad credit behavior or incidents that have been terminated for more than 5 years. Bad credit record, and personal criminal record for more than 7 years from the date of completion of the sentence. To inquire about bad credit card records, you need to go to the local credit reporting department of the People's Bank of China. Don't worry about the problem, it will be updated every five years. The retention period for bad credit card records is calculated from the date the loan is repaid and will be retained for a certain period. But there was really no definite statement before. Therefore, negative information from the time the database was created to the present has been retained. The general international practice is to retain it for 7 years. For overdue credit card records, if you print a credit report, only the repayment information for the past two years will be displayed. According to the practice in the United States, general negative information is retained for 7 years, and bankrupt, particularly serious and obviously malicious negative credit card records are retained for 10 years. After the retention period, bad credit card records will be deleted from personal credit reports. Bankers said that this regulation is similar to international practice and is more practical. If the retention period is too short, it will not be enough to serve as a good warning for breach of trust, but it will be too severe for those breaches of trust that are not caused by subjective will. It is difficult to get a loan with a bad credit card record, and there are frequent cases of being unable to borrow money from banks due to bad credit records.

What are the bad credit card records? Pay attention to these situations

Credit cards can be used for overdraft consumption and cash withdrawal, which brings a lot of convenience to people's lives. However, once you get a credit card, you can't use it casually, otherwise it will be more troublesome to have a bad credit record if you don't use it well. So, what are the bad credit card records? Let’s find out together below.

Inventory of common bad credit card records:

1. Overdue records:

Usually due to failure to repay on time after overdraft consumption on the credit card, or due to deductions It was caused by the failure to repay the annual fee and card production fee in time.

If you want to eliminate the bad credit record in this situation, you have to pay off the money you owe, and then the bad credit record will be automatically eliminated 5 years after the debt is paid off.

2. Bad debt records:

This type of bad debt record has a much greater impact than overdue records. It usually refers to those that have not been settled for more than 3 years and are listed as bad debts by the bank. Accounts receivable, because the arrears have been stagnant for a long time, have formed bad debts. If not dealt with, the impact of this bad record will last a lifetime, and the bank that applies for a card and loan will simply reject it.

To deal with the bad credit card records caused by this situation, you must also pay off the debt. After paying off the debt, the bank will report it to the central bank for credit reporting. The status of the bad debt will become overdue, and then it will also be self-paid. From the date of arrears, bad records will be automatically eliminated after being kept for 5 years.

3. Inquiry records:

Refers to the fact that the credit report has been frequently inquired by banks or other financial institutions in the past three months, and multiple inquiries have been left on the credit report. Records are also a type of bad credit card records. The reason for inquiry may be card approval, loan approval, and post-loan management.

This situation is not easy to eliminate. First of all, we must ensure that no query records will appear in the past three months, and the rest will be left to time to fade away.

In short, after getting a credit card, you must develop good card usage habits and try your best to avoid the bad credit card records mentioned above. After all, in the credit society, a good credit record is a stepping stone to any disadvantage. It can be of great help when applying for mortgages and credit cards.

What is a bad credit card record?

Generally, when the cardholder’s credit card fails to pay even the minimum payment three days after the final payment date, it is recorded as an overdue record. If the credit card is overdue for more than 90 days, the bank will blacklist the credit card holder, which is the so-called bad credit record.

What is a bad credit record?

What is a bad credit record?

Credit stains are also called bad credit records. 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 credit records.

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 is equivalent to citizens’ overdue records. Negative records will no longer accompany you for life. If you can repay your loan in full and on time for five consecutive years, your credit will be clean.

I had a bad credit record before and now I also have a bad credit record

Yes, as long as you have a bad credit record, every bank will show it, so it is difficult to remove this record. Yeah, it’s very difficult to get a loan. I hope you can adopt it.

What is a bad credit record?

It means that a credit card or loan has been overdue. It will cost you even a dime a day. Show that you must not have bad credit card records

What is a bad credit card record?

You can directly find someone who specializes in eliminating it to help you! It doesn’t matter if it’s faster this way! ,,

Bad credit card record. Previously, the Legislative Affairs Office of the State Council issued the "Credit Information Management Regulations (Draft for Comments)", which mentioned for the first time the issue of the retention period of negative records: credit reporting agencies are not allowed to disclose or use individuals with bad credit behavior or incidents that have been terminated for more than 5 years. Bad credit record, and personal criminal record for more than 7 years from the date of completion of the sentence. To inquire about bad credit card records, you need to go to the local credit reporting department of the People's Bank of China. Don't worry about the problem, it will be updated every five years. The retention period for bad credit card records is calculated from the date the loan is repaid and will be retained for a certain period. But there was really no definite statement before. Therefore, negative information has been stored from the time the database was established to the present. The general international practice is to retain it for 7 years. For credit card overdue records, if you print a credit report, only the repayment information for the past two years will be displayed. According to the practice in the United States, general negative information is retained for 7 years, and bankrupt, particularly serious and obviously malicious negative credit card records are retained for 10 years. After the retention period, bad credit card records will be deleted from personal credit reports. Bankers said that this regulation is similar to international practice and is more practical. If the retention period is too short, it will not be enough to serve as a good warning for breach of trust, but it will be too severe for those breaches of trust that are not caused by subjective will. It is difficult to get a loan with a bad credit card record, and there are frequent cases of being unable to borrow from banks due to bad credit records.

The so-called bad credit card record refers to the improper use of credit cards and failure to repay the amount in time, resulting in an individual having a bad record in the People's Bank of China's personal credit report. The professional term is personal credit investigation, not the so-called black account.

When you make a purchase with a credit card, the credit card will generate a loan repayment record, and a consumption record will be sent to the user after a few working days. The letter contains the minimum loan payment amount and the latest payment date. The minimum loan payment amount is not the entire amount of your credit card purchases. The latest repayment time is generally twenty days after the card payment is made. Therefore, as long as the cardholder's loan repayment amount does not reach the minimum loan repayment amount within twenty days, a bad record will be generated.

Bad credit record problem?

1. Regarding bad credit problems caused by overdue student loans.

First, after signing a student loan contract with a bank, when you obtain a bank loan, you must also bear the obligation to repay various debts under the loan contract to the bank as stipulated in the loan contract. The ultimate responsibility for the performance of this obligation is you. The performance of this obligation is not premised on bank notification, nor will it be exempted or extended because the borrower continues to study for graduate school (unless the borrower applies for a loan extension while studying for graduate school)

Second, if you strictly follow the installment loan contract and one or more overdue payments occur during the loan repayment period, even if the loan is settled, it does not mean that you did not breach the contract when performing the loan contract, that is, there was no overdue payment. Repayment does not mean that the settlement of the loan will eliminate the overdue repayment record generated during the loan repayment period.

Third, the credit record generated by the ICBC credit card will not cover the credit record of Agricultural Bank of China

Fourth, the creator and ultimate responsible person of the personal credit record is the natural person himself. Except for cases where bad records are caused by no fault of the person, such as fake loans (bad credit records caused by fake loans can definitely be deleted, of course this is another matter), all records in the personal credit record are It comes from a natural person's personal use of credit transactions such as loans and credit cards, and is a true and faithful record of the natural person's credit transaction activities.

At this time, even if the actual repayment date is the day after the repayment date stipulated in the contract, the bank's system will record the repayment as an overdue repayment and upload it to the People's Bank of China credit system on a regular basis.

To sum up, although we sympathize with the poster's situation, the responsibility for the bad credit record problem caused by the overdue student loan should be borne by the poster, and it is impossible to submit an objection application to the People's Bank of China in a similar way to a fake loan. Delete overdue records.

2. Regarding the validity period of bad credit records.

First, my country’s current credit reporting regulations do not stipulate the validity period of bad credit records. That is, all personal bad credit records are recorded, and the cumulative number of overdues can be queried, but only the number of overdue periods can be queried. Detailed records of loan and credit card repayments in the last 24 months. Therefore, Agricultural Bank of China's credit card repayment details still show loan records for the 24 months before February 2010.

Second, future changes: The Legislative Affairs Office of the State Council announced the "Credit Information Management Regulations (Draft for Comments)" on October 13 last year. Article 21 of the consultation draft stipulates: "Credit reporting agencies shall not disclose or use personal bad credit records that have been more than 5 years since the date of termination of the bad credit behavior or event, and that have been more than 7 years since the date of execution of the criminal penalty. "This means that after the regulations take effect (this is just a draft for comments, it does not rule out that this provision will be modified, but the spirit of this provision stipulating the validity period of bad credit records should be adopted), personal bad credit behavior or Five years after the event is terminated, the bad credit record will not be inquired by banks and other institutions (nor will it continue to affect loan applications, credit card applications and other activities. Of course, it is not excluded that in the case of loan activities or credit cards that generate bad credit records The internal system of the lending bank or card-issuing bank still stores the record, which will have corresponding effects.

3. Regarding the issue of applying for a credit card

First, the credit card was applied for under a false name. This is a common problem that occurred when banks started to carry out credit card business in the past few years, especially when they outsourced part of the credit card issuance business. If a credit card is indeed applied for under a false name, it means that the cardholder did not fill out the credit card application form. The applicant's signature on the credit card application form is not his own signature. The person who has applied for the credit card under a false name can directly contact the bank and request the bank or the People's Bank of China to delete the resulting bad credit record.

< p>Second, regarding the issue of credit card annual fees. When applying for a credit card, cardholders should carefully check the issuing bank’s detailed regulations on credit card annual fees, because many banks do stipulate that annual fees will be incurred even if the cardholder does not open the card ( This is indeed an overbearing clause and an unreasonable clause). It should be noted that banks will use small gifts to attract applicants to apply for credit cards. At this time, you must not fall into the trap of the bank because of small gifts.

What are the bad credit records, and what should I do if the bad credit record affects the loan?

You can only get a loan after reorganizing your credit record. Application conditions:

1. Be a resident of mainland China who is over 18 years old. ;

2. Have a stable address and work or business location;

3. Have a stable source of income;

4. No bad credit record, loan The purpose cannot be used for stock trading, gambling, etc.

5. Other conditions required by the bank:

1. Submit to the local bank or lending institution. Application;

2. Prepare various information required for the loan;

3. Interview with bank or lending institution;

4. Bank audits lender qualifications;

5. The audit passed and the loan was successfully issued.

What counts as having a bad credit card record?

Bad credit card records refer to the bad records in the credit files established by the central bank, that is, negative credit records. The following six situations can easily lead to bad personal credit records. :

1. If the "Sleep Credit Card" is not activated, annual fees will still be incurred. If not paid, a negative credit record will be generated;

2. Credit card overdrafts and mortgage loans are not paid in time. Repay the loan on time;

3. If the loan interest rate increases, the "monthly payment" or installment will still be paid according to the original amount, resulting in overdue interest;

4. When providing a guarantee for a third party, The third party failed to repay the loan on time;

5. The mobile phone number was deactivated and the relevant procedures were not completed. Overdue due to monthly rent arrears would also result in bad records;

6. Credit card arrears records will be generated if someone else uses your ID card or a copy of your ID card fraudulently.

Bad credit records are recorded in the basic personal credit database of the People's Bank of China and can be called by all financial institutions.

Extended information:

Personal credit information system, also known as consumer credit information system, mainly provides personal credit analysis products for consumer credit institutions. Personal credit information is divided into three components.

The first part is basic personal information, the second part is credit information, and the third part is non-bank information. Basic personal information includes personal identity, spouse identity, residence information, occupation information, etc.; credit information includes bank credit credit information summary, credit card quasi-credit card information summary, loan information summary, loan guarantee information summary for others, etc.; non-bank Information refers to personal insurance and payment information, housing provident fund information, road maintenance fees, telecommunications user payments, etc.

According to the actual situation, the customer's personal statement will also be included in the system information. This information does potentially affect individuals' lending behavior at banks.