Details are as follows:
1. Credit card overdue: the situation that the credit card holder still fails to repay the arrears after the final repayment date stipulated in the credit card bill. This may be because the cardholder forgot or delayed repayment, or it may be caused by insufficient funds.
2. Bad debts: bad debts overdue for a long time. The bank will collect overdue credit card accounts, and if the arrears are not collected for a long time, they will be regarded as bad debts.
3. Overdue bad debts: The overdue debts of credit cards that have not been recovered for a long time can also be called credit card bad debts. Banks will take legal measures to recover overdue bad debts.
Summary: The overdue bad debts of credit cards refer to the bad debts that the cardholder fails to repay on time and cannot recover for a long time. Banks will recover overdue bad debts through collection and legal means.
Extended data:
Overdue bad debts are bad for both banks and cardholders. For banks, overdue bad debts will affect their capital withdrawal and profitability; For cardholders, overdue bad debts will have a negative impact on personal credit records and increase the difficulty of obtaining loans or credit cards in the future.
In addition, the specific treatment of overdue bad debts of credit cards may be different according to bank policies and individual circumstances. Generally speaking, banks will remind cardholders to repay their loans by telephone, text messages, letters, etc., and take collection measures. If the collection fails, the bank may hand over the overdue bad debts to the collection company or the legal department, or even take legal measures.
Therefore, the cardholder should repay the arrears before the repayment date stipulated in the credit card bill to avoid overdue bad debts. At the same time, if you encounter repayment difficulties, you should communicate and negotiate with the bank in time to find a solution to avoid adverse effects on your personal credit record.