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How can credit card loans be charged without repayment?
failure to repay credit card loans may lead to arbitrary charges. I will explain it from several aspects below.

firstly, the overdue repayment of credit cards will lead to the accumulation of interest. Once the repayment is overdue, the credit card institution will start to calculate the interest on the unpaid amount, and the interest will be accumulated daily. The longer the overdue repayment time, the greater the accumulated amount of interest will be.

Secondly, overdue repayment of credit cards may trigger the collection of late fees. Late payment fee is a kind of fee charged by the bank according to the overdue repayment time and overdue amount. The bank will charge a certain percentage of late fees according to the number of days overdue and the unpaid amount, which will further increase your burden.

in addition, overdue repayment of credit cards may also lead to overdue penalty interest. Overdue penalty interest refers to the daily overdue penalty interest charged by the bank according to a certain proportion on the basis of overdue repayment of credit cards. The collection ratio and calculation method of overdue penalty interest may be different for different credit card institutions.

finally, the failure to repay the credit card loan will also lead to the damage of the credit record. The overdue credit card will be reported to the credit bureau by the bank, which will have a negative impact on your credit record. Poor credit record will make you face higher risks and interest rates in future financial transactions such as loans and loans.

to sum up, the reasons why credit card loans are not repaid will lead to arbitrary charges, including the accumulation of interest, the collection of late fees, the generation of overdue penalty interest and the damage of credit records. Therefore, I strongly recommend that you repay the loan on time to avoid these extra expenses.