Details are as follows:
1. Banks or financial institutions will report the situation of loans overdue to the Credit Information Center of the People's Bank of China, and this information will be recorded in the personal credit information report.
2. loans overdue will be regarded as seriously overdue for one year, and banks may take measures to close accounts. Closing an account means that the borrower can no longer conduct any operations or transactions, including withdrawals and transfers.
3. Account cancellation will have a long-term negative impact on personal credit records and will remain in personal credit reports for a long time. Other financial institutions will notice such records when auditing personal credit, which will have a negative impact on personal credit evaluation.
Summary:
For online loans overdue for one year, the account will be closed in the credit report. This means that the account will not be able to continue to be used, and personal credit records will be negatively affected for a long time.
Extended data:
Credit information system is an institution and platform established to understand personal credit status. China's credit information system is managed by the Credit Information Center of the People's Bank of China, and personal credit information is recorded in the personal credit information report. The report contains personal credit information, loan records, overdue status and other relevant data for financial institutions and enterprises to use to assess personal credit risk.
However, it should be noted that the above answers are based on general understanding and experience, and the actual situation may be different due to personal credit records, specific banking policies or regulatory changes. In order to know exactly the influence of personal loans overdue's cancellation on personal credit after one year, it is suggested to consult a professional lawyer or financial advisor.
The above answers are based on the general situation and are for reference only. If you have specific questions, please contact relevant financial institutions or lawyers for consultation.