Bad credit card records caused by annual fee arrears can be eliminated.

The central bank will generally choose to redraw the credit record from the bank every two years. If the cardholder has maintained good card usage habits after the bad record occurs, new and good records will be obtained after two years. Old, negative records are gradually refreshed and replaced. However, actions such as canceling the card are not enough to eliminate the record, so the only way is to maintain the habit of using the card for two years.

Because the overdue time is too long, you may be on the bank's blacklist or your card may be forcibly suspended. In this regard, even so, it is absolutely impossible to cancel the card. Cardholders can choose to deposit 1-10 yuan into the card every month. If the status of the card changes, it will also be wiped out when the central bank extracts the information. Bad records.

Bad credit card repayment records are generally kept for five years. If they exceed five years, they will be deleted by the credit bureau. This provision will provide people with default records with an opportunity to repair their credit.

Extended information:

For bad records due to annual fee arrears, cardholders should continue to use the credit card for consumption, repay on time, and maintain a good repayment record, 2 New credit records after a year will overwrite earlier records, and what banks generally value most is the cardholder's repayment status within the past two years. After 5 years, the bad credit record will be completely cleared.

Some people's credit cards are overdue because of annual fees, interest, and late payment fees, but they themselves did not notice that these fees caused the overdue payment. After discovering it, the cardholder took the initiative to pay off the balance in full. In this case, you can appeal to the bank for a non-malicious debt and explain the cause and effect. There is a certain chance of eliminating bad credit history.

People's Daily Online - How to eliminate bad credit card records if you forget to repay the loan