Will personal credit information affect children?

Personal credit information will affect children. Poor personal credit information will generally affect children's going to private schools with high fees, not studying abroad, and not buying insurance products with high premiums for children. If individuals travel with their children, they can't take advanced means of transportation such as airplanes, trains and ships. However, if the children are adults, the influence of parents' personal credit information on them is almost zero.

：

First, credit records generally take five years to be completely eliminated, but overdue information will be recorded by the central bank's credit information system for 24 months. Therefore, after the overdue repayment of the credit card, it is best not to cancel the credit card immediately after paying off the arrears, but to insist on using the card for more than two years and maintain a good credit during this period.

1, for the bad credit card records of ordinary banks, if the bad credit card records are caused by problems such as credit card repayment, you can immediately consult the bank's customer service phone. If the circumstances are minor, as long as it is not malicious, it can generally help to eliminate the record.

2. The records in the basic database of personal credit information in the credit information system cannot be eliminated. The newly implemented Regulations on the Administration of Credit Information Industry stipulates that personal bad information can be kept for a maximum of five years, and those that exceed five years will be deleted.

3. Banks generally use the credit records of customers in the past two years to audit customers. Therefore, when bad records appear, they should be repaid on time for two years, and new good credit records will gradually replace the old bad records, otherwise the old records will always exist. Similarly, for consumers who use credit cards, those with overdue records should not rush to cancel their credit cards, because bad records will not disappear because of cancellation. Credit cards that have not been used for a long time should be cancelled in time to avoid bad records caused by unknown annual fees.

Second, what are the consequences of the blacklist of credit information?

1, unable to apply for loans in banks, microfinance companies and other financial institutions. Not only do you want to start a business with a loan, but the capital turnover has also become futile. Even applying for a mortgage or car loan will be rejected. In modern society, owning a car and a house has become a standard of living. Imagine if you have a stable job and have the repayment ability, but you can't get a mortgage or car loan from the bank because of your poor personal credit record. I think the whole person will collapse.

You can't apply for a credit card any more. If personal credit has a bad record, it is impossible to apply for another credit card for personal daily consumption. All banks are the same, because all banks can check your credit history.