What is a bad record in personal credit reporting?
1. Overdue records. Overdue records represent a violation of the loan contract and failure to repay on time, which requires additional penalty interest. This is a sign of breach of trust, so it is called a bad record. As for the number of overdues, the overdue amount and the overdue amount Details such as the duration will determine whether the bad degree of personal credit report is serious or minor. For example, a personal credit report will show: There is currently no overdue credit, there have been three overdue credits within 5 years, the overdue amount is 20,000 yuan, etc.
2. The record of repayment by the guarantor and the use of funds to offset debts means that the individual's repayment ability is insufficient and he cannot repay the loan on time or in the form of monetary funds. This is a negative reaction for the lending institution. is bad information. The guarantor agent will also be represented by the symbol "D" on the personal credit report, and the debt used to offset the debt will be represented by the symbol "Z" on the personal credit report.
3. Records of tax arrears and illegal penalties. Although these records are not directly related to personal loans, they can also reflect a person's credit information behavior in life, so they are also called bad records. For example, tax arrears of 500 yuan, telecommunications arrears of 500 yuan, civil judgments executed for house purchase and sale disputes, compulsory compensation records, administrative penalties and confiscation of illegal income, etc., will generally be reflected in the public *** on personal credit reports. Information section. In addition to the bad records mentioned above, there are also situations such as too many personal debt records and too many inquiries from lending institutions, which will also confuse personal credit reporting. Although the credit reporting displays objective data and content, it is difficult to check the credit reporting. The subjective consciousness of believers is wild and unconstrained, and they can have many conjectures and doubts. The above is the relevant content about "What is a bad record in personal credit reporting?" I hope it will be helpful to everyone.