Oh, I recently came across the implementation of this credit repair policy and couldn't help but chat with you. This thing is not just a small fuss, it directly relates to the wallets and future plans of countless people. Simply put, the People's Bank of China will throw out this' one-time credit repair 'bomb by the end of 2025, Starting from January 1, 2026, the target is for overdue loans between January 1, 2020 and December 31, 2025, with a single amount not exceeding 10000 yuan, As long as you fully repay (principal+interest+penalty interest) before March 31, 2026, the black history in your credit report will be automatically erased, without the need for application or proof, and it will be clean and efficient. I have browsed through the sharing of netizens, and once this policy is implemented, it is like a lifesaver. Here are a few real cases: a guy selling tiles in a certain place, his overdue record changed from 2 to "-", and he directly unlocked his mortgage; Another young man from an ethnic minority quickly paid off the loan, and after the report was refreshed, the loan approval soared; Some borrowers also posted a comparison before and after, lamenting that the policy came too timely. Someone originally procrastinated and didn't return it, but as soon as they saw that it could be fixed within the grace period, they took immediate action. Some people are still struggling with how to calculate penalty interest, just check on the bank app. Digging deeper, the signal released by this policy is huge: The first layer: Full financial inclusiveness. In the past, small overdue payments were like dog skin ointment, sticking to you for several years, affecting buying a house, a car, and finding a job. Now give the opportunity to clean up, encourage everyone to actively repay, and avoid the credit snowball from rolling bigger and bigger. Second layer: The operational threshold is so low that it's explosive. Automatically removed, no need to run errands, the report will be updated at the end of next month after repayment. For example, it will be returned in January and changes will be observed at the end of February. Checking the report is also simple, just click on the relevant bank app and it will be released. The third layer: But don't get too excited too early. Experts remind that the conditions are strict and must be fully repaid, not even a single point less. Have difficulties? Hurry up and negotiate with the bank to adjust the plan, don't force yourself. Developing good habits is the most important thing, don't spend too much and dig holes. Oh, by the way, I have to remind you: don't believe those intermediaries' nonsense about "debt restructuring", they often offer high interest rates or fraud, and there are many pitfalls to be taken. Verify the amount yourself and handle it through official channels. Overall, this policy is like timely rain, helping small dishonest individuals restart their lives. But in the long run, credit is the lifeblood. How do you protect yourself? Come on, let's talk about your credit story in the comment section.