Extended data:
Overdue interest: refers to the penalty interest caused by loans overdue, specifically refers to the overdue penalty interest of the lender who fails to repay the loan according to the contract. The main factors that may affect the personal credit risk score are: repayment in loans overdue, failure to repay according to the agreed time limit and repayment amount after credit card overdraft, or too many loan accounts and credit cards.
Credit information
1. Personal basic information used to identify individuals and reflect their family and occupation;
2. Personal credit information formed by the credit relationship between individuals and financial institutions or housing provident fund management centers;
3. Personal credit purchase and payment information formed by personal credit purchase relationship with commercial institutions and public utility service institutions;
4. Public record information related to personal credit formed by administrative organs, executive organs of administrative affairs and judicial organs in the process of exercising their functions and powers;
5. Other information related to personal credit.
Loans overdue record processing method:
After each loan or credit card is issued, each commercial bank shall submit the borrower's repayment record to the credit information system in the format specified by the central bank every month, and form a personal credit report on this basis.
The Credit Information Center of the People's Bank of China has filed all the collected repayment information. The Regulation on Credit Information Management (Draft for Comment) published by the State Council Legislative Affairs Office in July, 201/2000 stipulates that the retention period of personal bad information collected by credit information agencies is 5 years, counting from the date of termination of bad behavior or events; If it has been more than 5 years, the credit reporting agency shall be deleted.
Some update mechanisms show that if customers repay their loans on time every month from now on, banks will re-evaluate their credit status after a period of time, and the key is to actively maintain their credit records.