Overdue loans have an impact. In some cases, expired records can be eliminated. If it is not for special reasons, overdue records cannot be eliminated. After five years, the central bank will automatically eliminate them.

The process of handling bank loans:

1.

The borrower applies for a loan;

2.

Prepare loan related materials;

3.

Account manager loan survey;

4.

Bank approval;

5.

Both parties sign a loan contract;

6.

The execution of mortgage, pledge, unsecured contract or other guarantee contract;

7.

Bank loans;

8.

Post-loan management;

9.

Repay the principal and interest when the loan is due.

You can eliminate expired records:

1.

Overdue records due to annual fees. General gold cards and ordinary cards have an annual fee-free policy. If the annual fee is overdue, the bank will give the cardholder a grace period to complete the annual fee-free credit card application.

2.

Overdue records generated by fraudulent card use. Due to the lax confidentiality of information, banks will generally revoke overdue records caused by this situation through appeals;

3.

Verify the overdue records generated by stolen brushes. After the cardholder and the bank verify the loss report and overdue record of the stolen credit card, the bank will issue a certificate to help the cardholder eliminate the bad record.

4.

How to avoid overdue credit cards;

5.

Repay in full according to the requirements of the bank;

6.

When the financial pressure is high, you can choose to pay by installment to relieve the pressure;

7.

If you don't want to repay in installments or in full, you can consider the minimum repayment amount.