The loan owed to the bank will definitely have a great impact on the personal credit record, because after the loan is owed, even if I pay it off, the bank will keep the information in my credit report for five years. Especially because of overdue bad records, those who enter the bank credit information system will be automatically eliminated after 5 years.

According to relevant knowledge, the analysis of credit records can be divided into three situations:

1. If there is a bad credit record such as my credit card repayment or annual fee, I just need to apologize sincerely with a positive attitude, take the initiative to contact my bank, explain the reasons and repay as soon as possible. Generally, it will not take more than 90 days to eliminate the bad credit record.

2. Eliminate bad credit card records, and individuals can also refresh the coverage system according to credit card records. We will continue to use credit cards, which can quickly eliminate negative records. The average bank only records for 24 months, and the original negative credit record will be overwritten.

3. Personal bad credit records need to be kept for 5 years when they enter the central bank's credit information center. However, according to the regulations of the central bank's credit information center, there is an opportunity to manually eliminate it every two years. At this point, individuals can submit applications to the Credit Information Center. As long as the requirements are basically met, the credit center can manually eliminate bad records.