Late payment is an unpleasant event that can happen unintentionally.
Credit reporting companies store delinquency information for up to three years and factor it into your credit score. Credit rating varies depending on the amount, period, and frequency of delinquent payments. Let’s take a closer look at how to check delinquent records and the information period.
How to check delinquent records
index
Delinquency record information period
Sharing delinquent records
How to check delinquent records NICE
How to check delinquent records KCB (All Credit)
Delinquency record information period
short-term delinquency
More than 100,000 won, 1 case, more than 5 business days overdue: Shared with credit rating agencies and financial institutions.
More than 100,000 won, 2 cases, more than 5 business days overdue: Recorded for 3 years after repayment.
Over 300,000 won, 1 case, overdue for more than 30 days: Recorded for 1 year after repayment.
long term arrears
More than 1 million won, 1 case, overdue for more than 90 days: Recorded for 5 years after repayment.
Sharing delinquent records
Sharing delinquent records
Sharing delinquent records
Sharing delinquent records
Sharing delinquent records
Delinquency records are shared with various financial institutions such as banks, securities companies, savings banks, capital companies, and credit card companies if they exceed 5 business days from the loan payment due date.
When delinquent records are shared, loan approval becomes difficult and various disadvantages such as interest rates occur.
Check eligibility for deletion of delinquent records under credit amnesty<<Click
How to check delinquent records NICE
NICE
NICE Keeper is a credit information inquiry service that allows you to find out about your credit score, debt, and other various credit information.
Visit the Nice Jikimi website
After registering, log in and select the delinquency status menu.
Check delinquency records.
NICE Jikimi website<<Click
How to check delinquent records KCB (All Credit)
K.C.B.
Visit All Credit website
Sign up and log in
After logging in, select overdue payment information
Check delinquency history.
Visit the All Credit site<<Click
Good article to read together
How to increase your credit rating scorecard and free inquiry
How to increase your credit rating scorecard and free inquiry
The credit rating score table is a key indicator that evaluates an individual’s credit and is an index table that combines credit transactions, debt, amount, and period. From January 2021, the credit rating system will be abolished and credit ratings will be provided without grading.
alsrbkr.com
How to use the site to find dormant deposits
How to use the site to find dormant deposits
A dormant deposit refers to a deposit account classified as ‘dormant’ by a bank or other financial institution due to no customer transactions for a certain period of time. The period of transition to dormancy may vary depending on the country or financial institution.
alsrbkr.com
conclusion
We learned about how to check delinquent records and the information period.
You should definitely not make late payments. The moment you make late payments, you will face many disadvantages, so I hope you will manage your credit as well as possible.