Description:

1. Overdue repayment usually means that the borrower fails to repay the loan or credit card bill on time.

2. In China, overdue repayment will be recorded in the personal credit report and become a part of the credit information system.

3. The credit information system is managed by the People's Bank of China, including the personal credit information database shared by all banks.

4. Overdue repayment has a negative impact on credit records, which may lead to the following situations:

-Banks and other financial institutions may be reluctant to issue loans or credit card lines;

Borrowers may have to pay higher interest rates;

-Other commercial organizations (such as owners and employers) can also make decisions with reference to credit records.

5. According to the Measures for the Administration of Basic Database of Personal Credit Information, overdue repayment will be recorded in the personal credit report and shared with other member institutions of the credit information system.

Summary:

One week overdue, report at the meeting. In China, overdue repayment usually has a negative impact on personal credit records, which are recorded in personal credit reports and become a part of the credit information system. This may lead to a decline in the borrower's credit status, affecting future loans and credit applications. Therefore, timely repayment is an important factor to maintain good personal credit.

Extended data:

-Measures for the management of the basic database of personal credit information: The Regulations on the Management of Credit Information System formulated by the People's Bank of China regulates the collection, storage, use and protection of personal credit information in detail.

-Personal credit report: a record report containing credit information such as personal loans and overdue repayment, which is generated by the credit information system. Commercial institutions can review the report in the decision-making process to assess the applicant's credit status.