How to eliminate bad debts

If it is a bad debt caused by the unpaid loan, it is necessary to settle the arrears first. From the date of settlement, the bad debt record will be automatically eliminated after 5 years.

First of all, we should make clear what bad debts are (the causes of bad debts are non-repayment and over-repayment, and my experience only includes dealing with bad debts caused by non-debts) and what is the impact of bad debts (bad debts are very serious, and a bad debt is overdue for 50 times, so no bank can lend you money).

Make clear these two items, and you will understand that you should use the correct attitude of 12 to solve this matter. Find the issuing bank. In most cases, bank cards with bad credit records are marked as "stop payment" in the system of bank headquarters.

This state means that the head office basically has no authority to handle this card, and every bank with bad debts will solve it one by one. So we must find the issuing branch.