1. In short, after all overdue principal and interest are settled, the bad records will be kept for 5 years, and the overdue records will be cleared automatically after 5 years. If users do not deal with their overdue bad debts, the bad debts will not be eliminated after 5 years, 10 years and 20 years. If it is overdue for a long time, the overdue bad debts will become bad debts. Once the word "bad debt" appears in the personal credit report, it is basically hopeless to handle the credit business in the later period.
In addition, not all bad records will be kept for five years. If the credit card is overdue, the personal credit report can only show the use of the credit card in the past two years. When the credit card is overdue, the cardholder should pay off the debt as soon as possible, and then don't rush to cancel the credit card. If the credit card is cancelled and there is no new use record, the overdue record can be eliminated for 5 years.
3. The correct way is that credit card users continue to use credit cards for consumption after paying off debts, and keep good repayment records. In this way, they can use two years of good credit card records to cover the previous overdue bad records. Generally speaking, the Credit Information Committee is cleaned up once every five years, but the five-year period is counted from the date when the user pays off the overdue debts. If the user fails to handle his overdue behavior, the bad record will always be reflected in the personal credit report.
1. As long as you apply for credit information financial services, such as handling credit cards and loans, providing guarantees for people, and passing the credit information inspection, you can see them in the credit information inquiry record. Generally, the query time, query organization and query record will be recorded. Besides personal inquiry and post-loan management of financial institutions, other inquiry records are also very important. More often, credit information will be spent in a short time.
2. However, unless the institution fails to find its own credit, it can raise an objection and apply to cancel the inquiry record, and cannot delete it manually. Time is a good master of cleanliness. In terms of credit reporting, the inquiry records generated by applying for credit reporting will be eliminated after 2 years. Within two years, the influence of records will gradually weaken over time.
3. If there are multiple application records in the applicant's credit report, don't apply for any credit information financial business in the short term, whether it is a credit card or an online microfinance. No matter whether the application is successful or not, the inquiry records generated after the application are enough to make the cost of credit investigation higher. Finally, remind everyone that there is no shortcut to eliminate the credit application record. Don't trust the so-called small advertisements on the Internet to spend money to delete records. Their purpose is very clear. Is to cheat money and things. After all, they have no right to modify the credit information.