If you borrow money from a bank or apply for a credit card, the bank needs to know who you are; it needs to determine whether you can repay the money on time; or it needs to see whether you have borrowed money before; Records of non-repayment of money, etc.

So credit card credit reporting means that when applying for a credit card, the bank will check the applicant's credit reporting record. Each bank has different standards for the impact of bad records on credit card approval. Some banks can approve as long as there is no current debt or overdue payment; some banks look at whether there are any bad records in the past three years. Credit reporting refers to professional credit information services. In order to make it easier for everyone to borrow money, everyone's credit information is collected through third-party agencies and can be used by you and credit institutions when needed. Don't worry too much. As long as you repay your bills on time and have no bad records, it's no problem to apply for a credit card.