On December 22, the People's Bank of China issued a one-time credit repair policy. Authoritative expert tip: Be wary of credit repair scams. The one-time credit repair policy is free of charge. Any act claiming “charging for credit repair” or “spending money to delete overdue records” is fraudulent, so the public must be alert. A reporter from the Shanghai Securities News learned that the current policy is automatically completed by the Credit Reporting Center through a system, and there is no need for individuals to pay any fees, and there is no need for a third party to act on their behalf. The “fee agency” and “internal channel deletion of records”, etc. previously claimed by some intermediaries were all false propaganda.

Zhitongcaijing · 2d ago
On December 22, the People's Bank of China issued a one-time credit repair policy. Authoritative expert tip: Be wary of credit repair scams. The one-time credit repair policy is free of charge. Any act claiming “charging for credit repair” or “spending money to delete overdue records” is fraudulent, so the public must be alert. A reporter from the Shanghai Securities News learned that the current policy is automatically completed by the Credit Reporting Center through a system, and there is no need for individuals to pay any fees, and there is no need for a third party to act on their behalf. The “fee agency” and “internal channel deletion of records”, etc. previously claimed by some intermediaries were all false propaganda.