If someone else defaults on their credit card, the credit report generated will only record their personal overdue behavior and will not affect other contacts. Other contacts can only be used as credit cards when the card holder cannot be contacted. Alternate contact information for people.

According to Article 52 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks", the card-issuing bank shall establish a credit card business risk management system.

The card-issuing bank learns from the public security organs, judicial organs, the cardholder himself, relatives, transaction monitoring or other channels that the cardholder's identity document has been stolen, the family's financial situation has deteriorated, the repayment ability has declined, and the cardholder has reserved When the contact information becomes invalid, the credit status deteriorates, or there is abnormal card usage behavior and other risk information, you should immediately stop operations that may increase credit risks, such as increasing the credit limit, authorizing card services beyond the credit limit, authorizing installment business, etc., and take measures to improve transactions as appropriate. Risk management measures such as monitoring intensity, reducing credit lines, stopping payments, freezing or implementing second sources of repayment.

Extended information:

Article 57 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks" The card-issuing bank shall clearly stipulate in the credit card acceptance contract (agreement) that the cardholder shall The specific operating procedures for asset repayment of credit card loans. Without the cardholder's authorization, the cardholder's assets may not be used to directly offset credit card accounts receivable. Except as otherwise provided by national laws and regulations.

When the card-issuing bank receives the repayment from the cardholder, it will offset the various arrears of the credit card account in the following order: if it is overdue for 1-90 days (inclusive), the interest receivable first or Various expenses will be offset in the order of principal, and if the payment is overdue for more than 91 days, principal will be offset first, then interest receivable or various expenses will be offset.

Baidu Encyclopedia - Measures for the Supervision and Administration of Credit Card Business of Commercial Banks