Short answer: Yes, the credit card arrears will be reviewed.
Detailed description:
1. Convenience card is a variant of credit card, usually issued to residents of mainland China. Convenience cards provide convenient services and can be used in various consumption scenarios such as shopping and withdrawals.
2. If interest arrears occur when using a convenience card, the bank has the right to report this information to the credit reporting agency and record it in the personal credit report.
3. Credit reporting agencies are institutions that specialize in collecting and organizing personal credit information. They will update personal credit reports based on the interest arrears information reported by banks.
Summary:
Convenience card interest arrears will be reviewed at the credit meeting, which means that the repayment status of the convenience card will have an impact on the individual's credit record. Therefore, paying off the interest owed on a convenience card promptly and on time is an important measure to maintain good personal credit.
Extended information:
Credit reporting is an important part of financial services. It mainly provides a basis for financial institutions to assess personal credit risks by collecting, organizing and updating personal credit data. The credit reporting system has gradually developed and improved in China, and institutions such as the People's Bank of China Credit Reporting Center have played an important role.
In addition to interest arrears on convenience cards, the repayment status of other financial products such as credit cards, loans, etc. will also be reported to credit bureaus by banks and recorded in personal credit reports. These credit reports have an important impact on personal loan approval, credit limit control, etc.
To sum up, the interest owed on convenience cards will indeed be subject to credit reporting. Therefore, it is recommended that users use convenience cards rationally and pay off the arrears on time to maintain a good personal credit record.