Letter-of-mail reports play a crucial role in a person ' s credit record. It records personal past bad records of credit lending, repayments, tax arrears, and whether there have been delays. And when modern records of repayments appear in letters-writing reports, many begin to worry about the extent to which they affect their credit records, and even about whether their credit records will continue to be compromised by them. So, can the compensation on the letter report be eliminated? This issue needs to be analysed from multiple perspectives。

Can the letter report be eliminated

First, we need to understand the meaning of compensation. Reimbursement means that, when a person is unable to pay its dues, the borrowing institution claims against the guarantor of that person or against a third party, holding the guarantor or third party liable for repayment of the loan, thus avoiding a situation in which the loan is overdue. In such a case, the record of the payment would appear in the letter-of-merger report, thereby affecting the credit records of the payee。

What is the extent to which a recovery record affects individual credit records? The Centre indicated that the recovery record would have a significant negative impact on credit records, which would also mean that, when contemporary repayment records appear on letters of credit reports, individuals ' credit records would be significantly damaged, thereby affecting their subsequent applications for credit loans and other credit products。

Next, we need to think about whether the record of restitution can be eliminated. In practice, the record of restitution cannot be completely eliminated. Even when the record of the settlement is returned, it will continue to exist in the letter of request report. However, if an individual is able to maintain a good credit record for a period of time after the payback record has been repaid, the effect of the payback record on that person ' s credit record will be gradually reduced and eventually eliminated. Therefore, as far as the impact of a record of reimbursement is concerned, the individual should try to avoid a modern record of repayment on the letter-in-writing report, and the repayment period should be paid in time to avoid any delay。

Finally, we need to know whether, for the benefit of individuals, the centres legally regulate the credit records of everyone. At the national level, the institution plays a crucial role in the individual ' s credit record, and the question of whether it is legally compliant with the management of the individual ' s credit record is also a matter of concern. At the present time, credit-seeking agencies in the country manage personal credit records in accordance with the relevant laws and regulations, such as the Regulations of the People ' s Republic of China on the Collection, Processing and Use of Credit Information, and provide corresponding credit-seeking services to everyone. Therefore, as long as the corresponding laws and regulations are complied with, they will not be affected by poor records。