How can a credit card (debit card) be in arrears if it has not borrowed money?

the credit card (debit card) didn't borrow money, but it owed money. It may be that the credit card (debit card) generated an annual fee. Some credit cards (debit cards) are free of annual fees for life, and such cards will not owe money without borrowing money. Some credit cards (debit cards) need to reduce the annual fee by swiping the credit card (debit card). If the user does not borrow money to explain that he has not used the credit card (debit card), the bank will automatically charge the annual fee at the specified time.

for credit cards (debit cards) that need to charge the annual fee, users must pay attention to meet the conditions of annual fee reduction, otherwise, there will be cases where the card has not been used, but the card is in arrears.

why is the credit card overdue?

in the process of using the credit card, there are often card friends who are overdue in repayment, but they don't know the specific reasons. In fact, there are many reasons why credit cards are overdue, and several of them are not caused by the cardholder's subjective reasons. Let's take a look at them to avoid being recruited again in the future.

1. I don't know the temporary quota

Many friends will apply for the temporary quota when they spend a lot of money and the quota is not enough. However, because they don't know some rules of the temporary quota, such as repayment rules, they think that the temporary quota can be repaid by stages or at the minimum, but they find that it is not the case.

You should know that the temporary credit card line must be repaid in one lump sum, and the minimum amount cannot be repaid in installments. Therefore, if you don't prepare enough money and have no way to borrow money, you can only watch the overdue affect your personal credit and regret that you shouldn't have used the temporary credit line at the beginning.

Second, the annual fee is deducted and not repaid in time

Credit cards will involve an annual fee problem. Except for platinum cards, most banks' Jinpu cards can reduce the annual fee by swiping the card number.

If the cardholder swipes enough times within the specified time, the annual fee will be deducted. However, if the cardholder doesn't know the annual fee, pays no attention to it after the bill comes out, and fails to pay back the deducted arrears on the final repayment date, it will naturally be overdue, and once it is overdue, it will affect personal credit.

It should be reminded that the annual fee deduction time of each bank is not consistent. It is recommended to call the credit card service hotline of the issuing bank after receiving the credit card to inquire about the annual fee related matters of the credit card held.

Third, the automatic repayment fee deduction failed

Some card friends are afraid of forgetting the repayment time, so they will associate the debit card to start the automatic repayment function, but they don't know that automatic repayment of credit cards is also risky.

if the debit card balance associated with the last repayment date is insufficient, which leads to the failure of deduction, you can only manually deposit money into the credit card for repayment. However, if the automatic deduction fails and you don't know it, you don't repay it in time, or you pay it back but it doesn't arrive immediately, it will also be overdue.

Therefore, even if automatic repayment is used, it is best to check whether the balance of the associated account is sufficient in advance. If the balance is insufficient, you should deposit enough money as soon as possible to ensure the success of repayment.

how can you owe money when a credit card is useless?

It may be caused by an annual fee, which is charged by credit cards. However, the annual fee of most credit cards can be reduced by the number of swipes. If the credit card is not used and there are no swipes at this time, the bank will charge an annual fee for this credit card, and the annual fee will be reflected in the bill.

The annual fee generated by the credit card also needs to be returned in time. If it is not returned within the specified time, there will be a penalty interest at this time, and the overdue record will affect the personal credit investigation. If the credit investigation becomes bad, it will affect the cardholder's subsequent handling of various loans. If not, it will always be in the credit investigation report.

Generally, credit card users who don't use it should cancel it in time. Before cancellation, they should pay off all the arrears and make sure that there will be no annual fee. The cardholder can directly call the bank customer service hotline to handle it. However, after the application is submitted, the credit card cannot be used. If the credit card is used, the cancellation will fail.

when a credit card is cancelled, it can be divided into card cancellation and account cancellation. Card cancellation only cancels the credit card itself and does not delete personal information. When the account is closed, all the information of the user will be deleted in the bank system. You don't need to submit any information to the bank when you apply for the bank's credit card again after canceling the card, but you must submit the information again.

Why does the credit card still show the debt

Credit card repayment is a top priority. In order to avoid overdue, it must be successful before the end of the last repayment date. However, many card friends clearly paid back the money, and the results showed that they owed money. So why did the credit card still show that they owed money?

1. Wrong credit card. At present, it is very common to have five or six credit cards. Some have credit cards from different banks, and some have several credit cards from the same bank. If all of them are repaid manually, it is easy to make mistakes. Especially for multiple credit cards in the same bank, many people think that it is enough to return one card casually. As a result, each credit card account in a bank is independent and needs to be repaid separately, which is quite wrong.

2. I didn't receive the bill. If there is a transaction on the credit card in the current month, the bank will send an electronic bill on the billing date. Click to view the total debt, minimum repayment amount and transaction details of the bill. It is most appropriate to repay according to the bill, and it will not be overdue if the minimum repayment amount is paid. If the bill is not received, it will be easy to make mistakes. However, if this leads to overdue, you can apply for an objection to modify the credit information after repayment.

3. No one-time repayment. On holidays, banks will increase the temporary quota. For example, in recent 618, many cardholders got the temporary quota, so they should pay attention to it in the process of using it. If they use the temporary quota, they must pay it off in one lump sum, because it is impossible to make the minimum repayment temporarily and in installments. Many people mistakenly think that the minimum amount will be enough. As a result, it is predictable that it will definitely be overdue.

4. Too much reliance on automatic repayment. Many people think that if automatic repayment is set up, the banking system will deduct money for repayment on the last repayment day, so they don't have to worry about forgetting to repay and being overdue. However, automatic repayment is not foolproof. There is an advance condition that there must be enough deduction in the card. If the balance on the day of deduction is insufficient, it will also be overdue. In order to avoid this situation, it is recommended to check the balance of the associated account 2~3 days in advance, and it is not enough to save money as soon as possible.

That's the introduction about why the credit card still shows money owed. I hope it can give some reference to my friends.

why do you still owe money after your credit card has been repaid?

if the customer has already paid off, the credit card still shows a debt, probably because the payment has just been made and the money has not yet arrived. If the money has arrived, it may be that the banking system has not settled yet, so the debt situation has not changed.

When the payment is received and the banking system has completed the settlement, there will be no liabilities in the credit card. Sometimes the data will be delayed, so you can't see the status immediately, so customers can wait until the second day of repayment to make inquiries, and the information should have been updated by this time.

the repayment date of a credit card refers to the last time when all loans or the minimum repayment amount must be repaid according to the rules of the issuing bank. The due repayment date is calculated from the bill application date plus the interest-free period.

The rules of interest-free period vary from bank to bank. The shortest time is from the billing date to the last repayment date, and the longest time is from the day after the billing date to the last repayment date of next month. So the shortest is 2 days and the longest is 5 days. During this period, you must pay off the current bill in full.

Let's stop here for the introduction of why credit cards are in arrears.