Personal credit records will be kept for 5 years. After 5 years, the credit records will be overwritten by new credit records. Please repay your credit card in time and do not overdue it. In fact, if your credit card is overdue, the best way is to continue using the card.

Use new records to cover bad records, so that after five years, the bad records in your personal record will be overwritten by new good records and will no longer appear in your personal credit record. And if the cardholder cancels the credit card, it will be difficult to get another card. In this way, even if you want to leave a good credit record, it will be very difficult.

In fact, whether it is the old version of the credit reporting system or the new version of the credit reporting system, bad credit records will always be kept for 5 years, but the repayment records of the old version of the credit reporting system will only show 2 years. Those within one year will not be displayed, and those over two years will not be displayed, so it is not wrong to save those that have been eliminated within two years.

Extended information:

Take a credit card as an example. If you continue to use the credit card after repaying it overdue, then the overdue record will be overwritten with the new credit record generated by the card within 2 years. Then If it cannot be found on the credit reporting system, it is equivalent to being eliminated. However, after the new version of the credit reporting system was launched, the situation was different.

That is to say, even if you continue to use the card for 2 years after it is overdue, the overdue record cannot be overwritten, because as long as you have an overdue card within 5 years, the bank will find out. However, it should be noted that if you repay after the due date, the bad credit will be eliminated if it is kept for more than 5 years, but if the debt has not been repaid, there is no time limit.

In addition to changing the repayment record from 2 years to 5 years, the new version of the credit reporting system also adds the repayment amount and repayment time. How much has your monthly repayment been for the credit card in the past 5 years? , when to repay the loan, and the details of the installment can be clearly seen in the credit report, which allows the bank to obtain more comprehensive information during post-loan management.

People's Daily Online-Personal bad credit information will be kept for 5 years