Currently, many people in Japan may unintentionally or intentionally fall into bad debt without even knowing it. How does this affect return to the Country? Follow Hallo's article for the full details!
Bad Debt in Japan
Bad debt is often defined as a situation where the borrower fails to fulfill the repayment commitments as agreed upon in the signed agreement for more than 10 days. This can stem from late payments, non-payment, or payment of insufficient amounts as stipulated in the contract. Information about bad debt is usually recorded for a certain period, typically 5 years in many countries, in the databases of credit agencies. The status of bad debt can affect the ability to borrow and use financial services in the future.
Illustration of bad debt
You can check for bad debt in Japan through CIC or JICC, details can be found here.
Mobile Network Debt
Mobile network debt in Japan is one of the cases of bad debt. So how do you know if you have mobile network debt? Solutions to bad debt (mobile network debt) to avoid being blacklisted by the network provider. See details: how to pay off mobile network debt in Japan.
Bad debt in Japan affects return to the country
The passport application process usually is not directly affected by bad debt. The passport application process mainly relates to personal information and power of attorney documents, with no particular connection to credit history. Regarding visa applications, you can still obtain a visa because the entities to which you owe bad debt do not belong to the authorities that decide whether you can leave the country or not. In case you are being sued and have legal issues related to debt, leaving the country might become difficult. In some cases, if there are judicial decisions or legal measures related to departure, you may encounter difficulties. If you still want to leave the country, the entities must send a letter to the Ministry of Public Security and the Immigration Management Department for you to leave the country.
However, you need to be honest in the visa process. Countries often require financial information and credit history to ensure that visa applicants can maintain their expenses and have no financial risks. Hiding information about bad debt may be considered dishonest and can have serious consequences. Visa approval agencies often assess the level of financial capacity and credibility of visa applicants to ensure that they can maintain their expenses during their stay in the country. If you are facing financial difficulties and bad debt, showing improvement in your financial situation and having a plan to repay the debt can improve your visa application prospects in the future. For such cases, planning, implementing financial improvement measures, and demonstrating honesty in visa applications are important to gain trust from visa approval agencies.
In summary, bad debt can still affect returning to Vietnam if you are not involved in lawsuits.
Bad debt in Japan affects return to the Country
How to check if there is mobile network debt
You can check if there is mobile network debt through CIC with the following methods:
Method 1: Check bad credit online via the internet:
Step 1: You can call 0570-021-717 to request a registration code to check your bad debt record.
Note: Each code will only be valid for 1 hour. Therefore, please confirm the necessary information quickly after receiving the code.
Step 2: Access the CIC website here
Step 3: Select "ご利用前の最終確認へ" → "情報開示専用ページへ" → check "承諾する" → "インターネット開示を行う".
Step 4: Fill in personal information
Enter the registration code from step 1.
Fill in personal information including name, address, credit card number, and phone number that you used in step 1.
Select "次へ" (Next).
Step 5: Check the registration information again and receive the 10-digit password
Check the information carefully.
You will then receive a 10-digit password. Remember this password.
Select "確定" (Confirm).
Step 6: Download the bad debt information report file
Select the option to download the bad debt information report file ("開示報告書").
Enter the 10-digit password you received in the previous step.
View the results in the downloaded report file.
Note: The fee for each check is 1000 yen, and you can pay by credit card.
Method 2: Check bad debt via postal mail:
If you want to check via postal mail, you need to download the credit information check form.
Step 1: You can download it here, then print the registration form.
Step 2: Fill in personal information on the printed form.
Step 3: Purchase a money transfer certificate at the post office bank for 1000 yen. This is also the price when checking bad debt online.
Step 4: Prepare personal identification documents.
Step 5: Send the completed registration form along with photocopies of your identification documents and the money transfer certificate to CIC.
Step 6: You will receive a notification letter of the result after 10 days.
Method 3: Check at the CIC reception desk
Check at the CIC reception desk with a fee of 500 yen.
Clearing Bad Debt in Japan
Currently, there is no way to clear bad debt. The quickest way to clear bad debt on a credit card is for the customer to pay off the entire principal and interest on the credit card loan. Therefore, clearing bad debt like network debt is not possible. Your bad debt information will be retained for 5 years, so if you have a need to borrow a credit card in the future, be sure to pay off both the principal and interest as soon as possible!
Above, Hallo has provided information to help you understand bad debt. If you have any further questions, you can contact the website Hallo.co for advice from Hallo!
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