Detailed description:
1. Credit information refers to personal credit records and credit ratings, which are recorded and managed by credit information agencies.
2. Overdue repayment is usually recorded by credit reporting agencies, which may have a negative impact on credit rating.
3. The longer the overdue time, the greater the impact may be. Although the overdue time of 10 days is relatively short, it may still cause some damage to the credit rating.
4. Credit records play an important role in applying for loans, credit cards or other financial services. Poor credit rating may lead to higher interest rates and restrict or reject applications for certain services.
5. It should be noted that different credit reporting agencies and financial institutions may have different ways to deal with overdue repayment and the degree of influence.
Summary:
Overdue repayment 10 days may have a certain negative impact on personal credit rating, which will have an impact on the application for financial services and interest rates. Therefore, when borrowing money or using a credit card, you must repay it on time to avoid adverse effects on your personal credit record.
Extended data:
Credit reporting agencies usually generate credit reports based on individual repayment records, overdue conditions, debts, etc. Financial institutions and other partners use these credit reports to assess personal credit risk, decide whether to approve loans, credit card applications and set loan interest rates. The more times and the longer the overdue repayment, the lower the credit rating may be, and it will take some time to repair the credit record. Therefore, it is recommended that you develop good repayment habits, repay on time, and maintain your personal credit record and credit rating.