Serious loans overdue records can only be eliminated in five years, but some unintentional overdue records will be eliminated according to the corresponding circumstances. The Regulations on the Administration of Credit Information Industry stipulates that 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.

The following article will take you to understand the specific overdue standards.

1 day overdue If you apply for a credit card without time tolerance, you must remember to repay it in time. Otherwise, if 1 day is overdue, the bank will punish you with penalty interest, and upload the overdue record to the personal credit information system, and mark it as "1" in the personal credit information report (the mark is attached), and you will receive a reminder message and a reminder phone. However, if the repayment is made in time, the repayment record of next month will be marked as normal repayment: "n" (with a note).

Overdue 1-3 days (allowed time overdue) means that the cardholder fails to repay the credit card on time, and the bank will give the cardholder another grace period, usually 3 days. Tolerance means that after the due repayment, the cardholder fails to repay in full, and the unpaid amount is less than or equal to a certain amount stipulated by the bank, which is regarded as full repayment, and the unpaid amount is automatically recorded in the next bill. Generally, the current grace period balance is 10 yuan.

If you have a credit card with time tolerance function, don't worry, most banks will think that you are overdue 1 genius and forget to pay back the money, and adopt a more tolerant attitude. Therefore, if you forget to return the credit card within the grace period and remedy it in time, the bank will still regard you as a normal repayment. Once the overdue period exceeds the repayment grace days, you will be charged all the interest charges arising from the overdue period (if the repayment grace days are 3 days, the repayment within 3 days will be regarded as normal repayment, and no interest charges will be incurred, but the repayment on the 4th day will be charged from the bank bookkeeping date). Therefore, it should be noted that before handling the card, you need to know the rights and interests of the credit card and whether you enjoy the time tolerance function.

Overdue for 9 1 day. If you are overdue for 9 1 day or more, you will be marked as "4" in the credit information (the mark is attached), and the bank will think that you are deliberately in arrears at this time. This will not only be blacklisted by banks, but also be blacklisted by courts. It will also be affected in work, life, travel, accommodation and financing, such as restricting entry and exit; Restrict certain driving behaviors; Freeze the driver's license and limit the annual inspection of the driver's license; Penalties such as restricting high consumption behavior.