Core Viewpoint - The People's Bank of China (PBOC) has introduced a one-time credit repair policy aimed at supporting individuals with overdue credit records who have actively repaid their debts, facilitating credit restoration and aiding economic recovery post-COVID-19 [2][6]. Group 1: Policy Details - The credit repair policy applies to individuals with overdue credit information recorded in the PBOC's credit system, specifically for overdue records generated between January 1, 2020, and December 31, 2025 [3][6]. - Eligible overdue amounts are capped at 10,000 yuan per instance, and individuals must fully repay their overdue debts by March 31, 2026, to benefit from the policy [3][4]. - The credit repair process is automatic, requiring no application from individuals, as the PBOC's credit center will handle the technical processing of eligible overdue information [3][6]. Group 2: Additional Measures - As a complementary measure, the number of free credit report inquiries for individuals will increase by two additional times in the first half of next year [2][3]. - Individuals can now access their credit reports for free twice a year, with the additional two free inquiries available from January 1 to June 30, 2026 [3]. Group 3: Implications and Reactions - The policy is designed to alleviate small overdue risks and improve the overall health of the credit market, reflecting a more humane approach to financial regulation in the post-pandemic era [8]. - The PBOC emphasizes that this credit repair does not equate to a relaxation of credit constraints, and it is not a means to erase credit records without fulfilling repayment obligations [6][8]. - The initiative aims to combat fraudulent practices by illegal intermediaries claiming to offer credit record deletion services, reinforcing that the credit repair process is free and does not require third-party involvement [8].
事关你的征信！央行发布一次性信用修复政策，符合条件即可免审免费统一重塑
Xin Lang Cai Jing·2025-12-23 00:45