Core Viewpoint - The People's Bank of China has introduced a one-time credit repair policy effective from January 1, aimed at helping individuals with small overdue debts, particularly those affected by the COVID-19 pandemic, to restore their credit status by not displaying certain overdue information in the credit system [2][3]. Group 1: Policy Details - The credit repair policy targets individuals with overdue information from January 1, 2020, to December 31, 2025, with a single overdue amount not exceeding 10,000 RMB [2]. - Eligible individuals must have fully repaid all overdue debts by March 31, 2026, to benefit from the policy [2]. - The policy features an "automatic recognition" mechanism, allowing eligible individuals to benefit without submitting application materials [2]. Group 2: Additional Benefits - In the first half of 2026, the People's Bank of China will provide each individual with two additional free opportunities to check their credit report [3]. - If debts are repaid by November 30, 2025, the overdue information will not be displayed from January 1, 2026 [3]. - For debts cleared between December 1, 2025, and March 31, 2026, the credit system will update the information by the end of the month following repayment [3]. Group 3: Practical Considerations - Users are advised to confirm their repayment status after paying off debts to avoid issues with third-party delays [4]. - Caution is advised against illegal intermediaries claiming to "clean" credit records for a fee, as such actions may be fraudulent [4]. - It is emphasized that repairing credit is just the first step; individuals should manage their debt levels responsibly to build a solid credit history for future financial activities [4].