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How long can credit reporting eliminate bad habits?
At present, the elimination of bad personal credit records can be divided into two types: two years and five years.

1, the so-called two-year elimination is aimed at non-malicious, small and short-term overdue bad records. This situation will not be left behind. You only need to use a credit card that is overdue for 24 months in a row to eliminate the previous bad record.

2, 5 years to eliminate bad credit records, is expressly stipulated. Refers to the malicious overdraft in the process of using credit cards and other types of credit, and the amount is large. After paying off all debts, it will take five years to eliminate bad credit records.

1. How often should personal credit information be cleaned up?

1, personal credit information is cleared once every five years. The information source of the credit information system is mainly financial institutions such as commercial banks, and the collected information includes basic information of enterprises and individuals, credit information such as loans and guarantees in financial institutions, and major financial indicators of enterprises. If it is overdue, it will take five years to pay off all the arrears before all the bad records can be eliminated.

But there are also some bad personal credit records, which can be eliminated quickly. For example, I forgot to pay the annual fee, late payment fee and service fee. And you are overdue due to unemployment, serious illness, going abroad and other reasons. You can negotiate with the bank after paying off the money. If the arrears are not malicious, please ask the bank to coordinate to eliminate bad overdue records.

3. Some lending institutions only check the borrower's credit history in the last two years before lending, so as long as the loan is paid off, the borrower can "get a new life" after two years, and this kind of loan is not affected.

Second, how often is the personal credit information updated?

1. Personal credit report will be updated once a month, which depends on two factors: (1) the time when commercial banks report data;

(2) Update time after 2)PBOC receives the data.

2. Article 6 of the Interim Measures for the Administration of Basic Database of Personal Credit Information stipulates that commercial banks shall submit personal credit information to the personal credit information database in a timely manner. Therefore, the commercial banking system will report the collected personal credit information to the central bank credit information system every month, and once every two months if there are special circumstances.

3. Generally, the interval between reporting personal credit information by banks is no more than two months, and the central bank will record the credit card repayment information for 24 months in the credit information system. If there is a record of overdue repayment, it will be directly reflected in the personal credit information system.