According to Article 16 of the Regulations on the Administration of Credit Information Industry, the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident; More than 5 years, should be deleted. During the retention period of bad information, the information subject may explain the bad information, and the credit reporting institution shall record it.

Extended data:

The relevant requirements of credit report stipulate that:

1. The establishment of branches, merger or division, change of registered capital, change of shareholders whose capital contribution accounts for more than 5% of the company's total capital or whose shares account for more than 5% of the company's shares shall be approved by the supervision and administration department of the State Council Credit Information Industry.

2. The credit supervision and management department of the State Council shall conduct a review according to law and make an examination and approval within 60 days from the date of accepting the application.

A decision not to approve. If it decides to approve, it will issue a personal credit information business license; If it is not approved, it shall explain the reasons in writing.

3. The basic database of financial credit information provides inquiry service for the information subject and the information user with the written consent of the information subject. State organs can inquire about the information in the basic database of financial credit information according to law.

Credit Information Center-Regulations on the Administration of Credit Information Industry