Including personal loans, credit cards and other credit information, which is very important for applying for loans, credit cards or other credit products.
The retention time of credit information of settled loans varies from country to country.
I take China as an example. According to the regulations of the People's Bank of China, the settled loan information will be kept in the personal credit report for five years, that is, five years after the last repayment. During this period, relevant information will be recorded in the credit report.
If the personal loan has been fully settled and the credit card is in good condition, the relevant records of the loan will be deleted after 5 years. However, if the credit card has bad credit records such as overdue and loan default, this record will be kept in the credit report for a longer time. It should be noted that the regulations of each country and region are also different. Please refer to relevant local laws and regulations for details.