Many people living in Japan end up with bad credit for some reason without realizing it, leading to difficulties when applying for credit cards later on. This article provides a detailed step-by-step guide on how to check bad credit online in Japan. Learn how to protect your interests and deal with bad credit promptly.
What is Bad Credit?
Bad credit is a financial term used to describe a situation where an individual or business fails to make payments on time or violates the terms of a credit agreement. This often happens due to financial difficulties or poor money management.
Problems Caused by Bad Credit
Impact on Credit Score: Bad credit lowers your credit score, making it harder to borrow money or access financial products like home loans or personal loans.
Limited Access to Banking Services: Individuals with bad credit are often denied credit by banks, restricting services like credit cards and mortgages.
Legal and Financial Risks: Bad credit can lead to lawsuits and debt collection processes, increasing financial burdens from high interest rates and penalties.
Impact on Job Opportunities: A poor credit history can affect hiring in fields like finance and security, limiting career prospects.
Stress and Psychological Pressure: Dealing with bad credit causes stress and mental strain, affecting quality of life and potentially leading to depression or anxiety.
How to Check Bad Credit Online via CIC
CIC, short for "Credit Information Center," is an organization focused on collecting and managing credit information. CIC plays a key role in the financial system by gathering credit data from banks and financial institutions, helping to assess the creditworthiness of individuals or businesses.
Checking bad credit online through CIC only takes about 5 minutes, and you'll get the results right away
What You Need to Prepare:
A valid credit card
A fee of 500 yen, which will be charged to your credit card
Step 1: Call the Hotline to Get a Registration Code
First, you need to call the hotline at 0570-021-717 to get a registration code (受付番号). Note that the registration code is only valid for 1 hour.
Press 1: For receiving results online
Press 1 again
Press 7: To agree to CIC's terms
Press 1: To confirm payment by credit card
Next, they will ask for your credit card's expiration date (有効期限) in MMYY format. For example, if your card expires in September 2028, enter 0928
Press 1: To confirm the credit card expiration date
Then the system will read out a 6-digit registration code; make sure to note it down.
Press 1 to end the call; if you want to hear the code again, press 2.
Step 2: Access the CIC Website to Get Your Results
In the 受付番号 section, enter the registration code you received from the call
In the 受付番号を取得した電話番号 section, enter the phone number you used for the call
Select インターネット開示の申込を行う
Enter your family name in katakana
Enter your given name in katakana
Enter your birthdate in Japanese calendar format, in the order year / month / day. For example, if born in 1997, it would be 平成 9. If the month or day is a single digit, add a 0 in front.
If you have a driver's license, enter the license number
Next, enter other necessary information like your email address and credit card details for payment
Next, select 次へ
After verifying the entered information, you'll see this screen. The system will provide you with a 10-digit password to open the file, in the format: 6-digit registration code + 4-digit credit card expiration date
For example, if your registration code is 123456 and your card expires in September 2028, the password would be 1234560928.
Next, check the box for 数字10桁のパスワードを確認した and select 確定
The results file in PDF format will be downloaded to your device.
How to Read the Bad Credit Report Results
First, open the PDF file you downloaded earlier and enter the password to view it. The file will list data about credit cards associated with you.
Pay attention to these 2 sections:
入金状況：If this section shows $, -, or a blank space, it means you've paid on time with no issues. If it shows P, R, A, B, C, then you have late payments or problems.
返済状況：If this section is blank, there's no issue. If it shows 異動, it means you're listed on the credit blacklist.
A quick way to check is to press Ctrl + F to open the search box, then enter 入金状況 or 返済状況 to view the results faster.
The above is a guide on how to check bad credit. Bad credit is a major issue in personal and business finance, affecting borrowing ability, job opportunities, and causing stress. If you find yourself on the blacklist, you should address the issue quickly to avoid unnecessary problems.
Xin chào các bạn. Mình là kỹ sư IT đang làm việc ở Nhật Bản. Mình tạo blog này để chia sẻ về cuộc sống và những kinh nghiệm trong quá trình học tập và làm việc. Hy vọng bài viết này sẽ có ích cho bạn.
