Is it true that credit reporting can be cleared?

Once there is a stain on your credit report, it will not only affect your personal loan application, but also have an impact on many aspects of your life. It can be said to be a wall and make people feel embarrassed, so countless people want to clean it up. Whiten your own credit report and search for relevant answers everywhere, so can your credit report be whitewashed?

Is it true that your credit report can be whitewashed?

What is certain is that, A personal credit report cannot be washed away. The stains on the credit report can only be eliminated over time. The validity period is five years. Once the validity period is up, the stains on the credit report will be automatically eliminated, provided that the user has paid off the arrears. , otherwise the stain on their credit report will accompany them throughout their lives.

Credit reporting is managed uniformly by the Credit Reporting Center of the People's Bank of China, and no person or institution can modify the credit reporting without permission. Credit reporting is highly authoritative and legal. Once someone or an institution is found to have modified or even deleted credit reporting information, they will be punished by criminal law.

The above is the answer to whether it is true that your credit report can be cleared. I hope it can help you. If someone says that they can help you clear your credit report, don’t believe it. The other party must be a liar and will treat you after paying the money. Personal credit checking is of no benefit.