How do you completely eliminate bad credit card registrations?

Credit cards have brought a lot of convenience to modern people, but they also come with a lot of precautions. The most important point is: if the credit card is overdue and the personal credit system has bad records, then it will take 2 years to clear the records, or 3 years or Will it be cleared in 5 years? How do you completely eliminate bad credit card registrations?

The common saying goes like this:

If you have a bad record in the process of using a credit card, don't cancel the card or sit down to watch. Instead, you should continue to use it for 2 years after paying the arrears and maintain a good usage record for the period to cover the previous negative record because the credit report can only see the records of the Last 2 years.

The credit report shows that the credit history of the past two years is true, but the prerequisite is that there is no bad record, we can check the personal credit status of the previous two years. If there has ever been a bad late file, it must be said differently.

The latest regulations set the storage period for bad information at 5 years. After expiration, everyone will have to wait 5 years before bad records are deleted.

in all:

If we did not produce bad records when using the credit card, the personal credit records you viewed will only show data for the past two years. But if you have a bad record, such as late, the bad record will continue to show on your credit information for 5 years. Whether you cancel your account or pay off the debt later, you will have to wait 5 years before you can eliminate.

What should you do if you want to completely eliminate bad recordings?

Whether the account is canceled or not, the erroneous information record is displayed wherever it is and kept for 5 years. But the practice of canceling accounts is generally not recommended.

For example, a late check-in has also occurred. Compared to using the card for 2 years and using the card for 10 years, the latter is more conducive to repairing personal credit status. After all, after 10 years, 5 years of bad recordings will be covered in the middle. It is not necessary for 2 years. Although the recordings are automatically deleted after 5 years, you will only be able to find corrupted records in the next 5 years, and you will not see good recent recordings. Therefore, it is recommended that after bad registration, do not rush to sell the card, but continue to use the card and maintain a good card usage record.

Try to avoid delays

If the delay is innocent, the payment should be refunded as soon as possible and the bank should be contacted to inform the actual situation and, if necessary, a request for opposition can be made to the bank.