Banks regularly report credit information to the People's Bank of China. The current frequency is once a month. Banks also set a grace period for borrowers. If the borrower pays off within three days after the deadline, the bank shall not report the overdue record, nor shall it be included in the credit investigation.
If the credit card is overdue for more than 90 days, or the applicant has reached the situation of "three troubles and six", it is not good to apply for a credit loan. Because the applicant has a serious bad credit record, the bank will also doubt whether the applicant will repay the credit loan on time.
Extended data:
Personal bad credit records will be kept for 5 years. After five years, the new credit record will gradually replace the original negative record. However, whether it is mortgage, car loan, or traveling by plane or high-speed rail, the relevant units do check the personal credit report when approving. If the party's credit is found to be "stained", it may be rejected. ?
At present, the function of credit record is mainly for banks to handle loans and credit card approval as a reference, and may be extended to enterprise recruitment, qualification examination and other occasions in the future.
At present, the bad records of the personal credit report of the credit center are divided into 1 to 6 levels. Regardless of the amount, those who fail to repay within one month are rated as 1, and those who are overdue for six months are rated as 6. The higher the grade, the more bad records.
People's Daily Online-1 day overdue blacklist? rumour