With the spread of credit cards, credit cards have become an integral part of our daily lives. However, in the process of using credit cards, late repayments are inevitable, and they often have a negative impact on our credit letters. So, how long before the credit card expires? This paper will be analysed from several angles。

How long before the credit card expires

First, let us get to the basics of the letter. Letters of call refer to the process by which personal credit information is collected, collated and analysed to form, evaluated and analysed individual credit files. In our country, the letter-receiving operations are carried out mainly by the letter-receiving centres and institutions of the People ' s Bank of China。

So, how does the credit card pass affect our credit card? Once the credit card has expired, the bank reports to the credit seeker, who records the information in the personal credit report and adjusts the credit rating of the individual. The longer the delay, the greater the impact, the more likely it would be to be considered “defunct”。

So, how long before the credit card expires? In our country, credit card late records are generally eliminated after six months, as required by the Personal Credit Information Base Database Management Scheme. It should be noted, however, that the term “elimination” refers to cases in which other banking institutions are not visible, but where there are still records of the banking institutions where they occur. At the same time, overdue records will not be eliminated if there are cases of outstanding charges, fines, etc。

As a result, the more late repayments are delayed and the more fees are charged, the longer the overdue records are eliminated. If the overdue period is too long and the amount owed is too large, it may even be added to the list of “rebels”, which affects an individual's credit record。

How, then, can the impact of a credit card be reduced after it has expired? First, payments should be made as soon as possible so as to avoid delays. Secondly, the bank should be contacted as soon as possible after the expiration of the deadline, to negotiate the modalities for repayment and to pay back within the agreed time. In addition, personal credit ratings can be improved by the submission of good credit records, payroll cards, social security cards, etc。

Finally, it should be recalled that credit cards are a convenient form of consumption, but do not mean that using them is equivalent to buying. The proper use of credit cards, the proper processing of bills and the timely repayment were the correct means of use。