You borrowed more than 20,000 yuan, totaling *** 18 installments, that is, one and a half years, and repaid 23 600 yuan. Then your annual interest rate is 24%, not usury, only more than 36% is usury. You just need to repay the loan as soon as possible according to the loan contract, and try not to have loans overdue.

The credit situation is handled like this.

The online loan has been paid off, when can the credit record be "eliminated"?

With the supervision bureau becoming more and more strict, the online loan platform is becoming more and more standardized and strict. Now many online loans are receiving credit information, so the credit information record is a matter of great concern to all borrowers. Today, I will tell you some knowledge about online loan credit reporting, hoping to help you.

1. The handling of online loan credit records is very "humanized";

Compared with traditional banks, online credit information is much more humane, which means that you will be given a certain grace period for your unintentional overdue due to temporary negligence. However, if you default for a long time, it is easy to have the borrower's tainted record, which is also the key reminder in the credit information system, which is very serious for personal influence!

2. The retention period of bad credit record of bank loan default is 5 years.

According to the Regulations on the Administration of Credit Information Industry, the retention period of personal bad information by credit information agencies is 5 years from the date of termination of bad behavior or incident. Bad records will not be discovered by other banks after paying off the principal and interest and liquidated damages for more than 5 years. It is worth noting that the credit stain will remain until the loan is settled. So everyone must cherish their credit records.

3. The retention period of bad credit records of overdue credit cards is 2 years.

Credit card repayment information will be recorded by the central bank's credit information system for 24 months. If the card is cancelled, the record will be kept for a long time. Therefore, it is recommended that credit card users continue to use their cards for two years after paying off their debts. During this period, they can maintain good credit and delete bad records from the credit information system by rolling records.

All three are based on short-term default. If the overdue information has been uploaded to the People's Bank for too long, pay off the debt and the system will automatically eliminate it after 5 years.