The loan is compensated by insurance, and the user needs to pay off the compensation amount as soon as possible. As long as the compensation amount is paid off as soon as possible, the compensation record will be deleted after 5 years. However, if the user fails to return the compensation amount, the compensation record will remain in the credit information. There is a payment record in the credit investigation, and the user cannot handle any credit business. At the same time, the daily life of people with bad credit information will also be affected to some extent.

Loan compensation will only happen if it is overdue, and users will repay on time, so there will only be records of timely repayment in the credit information. Please use legal means to safeguard your rights and interests according to your own situation, and ask them to repay in time, otherwise you can bring a lawsuit.