Joke Collection Website - Blessing messages - What does cbc mean by texting that he has a bad record?

What does cbc mean by texting that he has a bad record?

Cbc sent a text message saying that it had a bad record because it had outstanding loans. Bad credit record, that is, an individual fails to repay the loan after the repayment period expires, and the bank records his behavior in the bad credit file. Bad credit records in credit reports include overdue records and punishment records.