With the spread and digitalization of the Internet, more and more people are becoming aware of and interested in the concept of personal credit. Individual credit as a criterion has been widely applied, and credit systems are one of the essential features of socio-economic development and one of the important indicators of the social civilization of a country and an individual. Although a personal credit letter is an industry term, it is closely linked to everyone, regardless of the kind of things we can do to get credit, apply for credit cards, buy insurance, rent housing, etc. For the majority of the population, knowledge of the time limit for information indicated in the letter-writing records is essential for their credit careers and the preservation of their reputation. So how many years ago will the letter record? This paper is analysed from several angles。

The letter will record information from years ago

I. Financial credit information base

The individual financial credit information publicity refers to the legal means by which banks and other financial institutions collect and measure personal credit information and record it in the financial credit system, thereby helping financial institutions to assess the credit of consumers and decide whether to provide them with loans, credit cards and other financial services, credit lines and conditions, etc. This is the concept of a “record of correspondence” that is commonly heard. Banks, credit card companies, consumer finance companies, network lending companies, etc., consult the central bank ' s letter-writing platform or other letter-call agencies about the user ' s credit ratings, loan records, amounts outstanding, etc. during the course of their business。

II. How many years ago will the letter-in-writing record show

Currently, the only credit information-gathering agency for individuals is the People ' s Bank of China Trust Centre. Inquiries are time-barred for five years, although some special records, such as those investigated, can be kept for longer periods. Data entry is based on business type and data characteristics. For example:

1. Housing loans and individual commercial loans: for up to 10 years。

Bond loans, vehicular mortgages, credit cards, consumer loans, overdrafts and other personal loans: up to five years。

3. Record of tax arrears, record of administrative fines, record of civil decisions and other special records: in accordance with the laws and regulations。

It should be noted, in particular, that the five years recorded in the letter of call were calculated from the date on which you paid your arrears, not from the date on which you borrowed them. If you do not pay your arrears in a timely manner, it will have a significant impact on your credit record, which may result in an extension of the credit record period。

III. IMPACT OF TRANSFER ON PERSONAL Credibility

Personal credit records are a measure of personal credit, and any person who, in his or her day-to-day financial activity, has the intention of making a credit assessment of his or her ability to consume and will to repay is consulted by the Centre for Information on Personal Credit. If personal credit is good, it will facilitate bank lending and card processing, and preferential terms will be better. However, if an individual had had a credit problem or even had a bad credit record, the bank would be concerned and sceptical about the individual and might refuse to conduct the corresponding business. While credit records are only one aspect of a comprehensive comparative assessment of banks, they are of strategic importance for a modern financial system。