1. Lack of credit card or loan records: Credit information system mainly relies on personal credit card and loan information to evaluate credit status. Without these records, it is likely to be identified as a black account.
2. Repeated overdue or debt: If the individual delays repayment or fails to repay the debt for many times, it will have a negative impact on the credit score. Overdue records will be reported to the credit reporting agency and recorded in the credit reporting records.
3. Being enforced by the court: In the case of court enforcement, it will have a serious impact on personal credit records. For example, if the court decides to repay the debt or breach the contract, it will leave a negative record in the credit report.
In short, no or bad credit record, repeated overdue repayment, unpaid debts, and compulsory execution by the court will all lead to individuals being identified as black households.
Supplementary information:
Credit information system is the core component of China's personal credit system, and credit information agencies are responsible for recording and evaluating personal credit status. Black households have bad or no credit records in the credit information system, which will seriously affect personal credit rating and loan application and other related affairs. Therefore, it is suggested that individuals develop good credit habits, repay on time, avoid overdue, avoid borrowing many times and maintain a good credit record.
Credit cards and loans are important ways for individuals to establish credit records. Reasonable use of credit cards and timely repayment can accumulate good credit. For individuals who have become black households, credit can be gradually restored by actively improving their credit status, such as timely repayment of debts, establishment of good repayment records or appropriate repayment negotiations.
Summary:
Black households refer to individuals with bad or no credit records in the credit information system. Lack of credit card and loan records, repeated overdue or debt, enforced by the court, may lead to individuals being classified as black households. It is suggested that individuals develop good credit habits, such as timely repayment, avoiding overdue and avoiding multiple loans, so as to maintain a good credit record.
Extended data:
China's personal credit system is mainly built by the Credit Information Center of the People's Bank of China and several commercial credit information institutions. Personal credit records play an important role in all kinds of financial transactions, house leasing, employment recruitment and so on. In addition to illegal households, personal credit records have different ratings, such as good credit rating, overdue records, default records and so on. These records will affect personal credit loans, renting houses, work and other aspects. As the scoring standards of each credit reporting agency may be different, individuals are advised to keep good credit records, check their credit information regularly, and correct the wrong information in time to ensure good credit status.