Black accounts are credit black accounts, which refer to bank loan users who have been overdue for more than three times or accumulated overdue for more than six times in the last year or two.

Such users can no longer apply for loans from banks, and all overdue records will be recorded in personal credit information and kept for five years. Users who become black households will be branded with bad credit. If the deadline is serious, it will become the person who has lost his trust and seriously affect his work and life.

Hazards of black households:

1, unable to apply for loans in banks, microfinance companies and other financial institutions. Not only do you want to start a business with a loan, but the capital turnover has also become futile. Even applying for a mortgage or car loan will be rejected.

You can't apply for a credit card any more. If personal credit has a bad record, it is impossible to apply for another credit card for personal daily consumption. All banks are the same, because all banks can check your credit history.

3. Affect personal travel. If personal credit records are blacklisted, for example, those who maliciously default on bank loans will be prosecuted by banks. It will cause borrowers to be unable to fly, stay in star-rated hotels and so on.