Although many institutions in the market are making money in the name of "helping to eliminate credit records", such institutions are not credible because credit records cannot be eliminated casually.

First of all, there are no special circumstances that cannot be eliminated after the credit expires.

If our credit investigation is overdue, there is a way to eliminate it, that is, when we are affected by force majeure such as natural disasters, we can ask commercial banks to apply for credit investigation objection and provide information that our income is affected. If the bank agrees to cancel it, these records can be deleted.

However, except for the above circumstances, overdue credit information cannot be revoked. According to the Regulation on Credit Management, it takes five years for records to be completely eliminated.

Secondly, if the credit information cannot be eliminated in a short time, remedial measures can be taken.

For example, we can keep the repayment record after it is overdue, cover up the original overdue record, and apply for a loan from the bank after the credit is filed. Similarly, banks will not "shut out" our loan business just because one or two credit reports are overdue.

Finally, I still want to remind you that credit management will only become stricter in the future. When borrowing money or using a credit card, you must ensure timely repayment and maintain a good credit record.