What should I do if my credit card is accidentally overdue?

The first method: apply for a grace period. If you fail to repay before the repayment date due to your own negligence, and if you find that it is overdue, repay in full as soon as possible, then call the card-issuing bank to state that it was not a malicious delay and see if it will cause a bad credit record. If so, see if it can No cancellation or further processing. Generally speaking, if you have a good credit record and a short overdue period (within three days), you can avoid bad records by paying back in time if you find it is overdue.

Second type: explanation of special circumstances. If you are unable to repay the loan on time due to special circumstances, such as business, illness or other accidents, you can pay in installments or take the initiative to communicate with the card-issuing bank by phone before the repayment period, state your financial situation and situation, and provide corresponding certificates. , apply for delayed repayment and interest discounts. Banks will often agree to defer repayment based on the cardholder's proactive performance and previous good credit record, and will work with the cardholder to agree on a repayment plan acceptable to both parties, including the deferment period, interest discount, and monthly repayment amount. This kind of deferred repayment approved by the bank will not be recorded as a bad record, but you will still need to repay as agreed in the future.

The third type: replace the old record with the new record. Credit card repayment information will be recorded by the central bank's credit reporting system on a rolling basis for 24 months. If there is a bad record, if you repay the loan in time and continue to use it after it is overdue, a new record will be generated. As long as it exceeds 24 months from the date of the old record, the old record will naturally be overwritten by the new record. However, if you stop using the delinquent card, the corresponding records will no longer be updated. Instead, they will be saved for a long time, and this information will also be checked by various banks.

Do not ignore or treat it negatively, but actively take correct measures to save it. The best way is to continue to use this card, maintain a good repayment record, and cover the original negative record with a new repayment record. Generally, a new credit record will be generated after 24 months, so that you will not It will have a negative impact on your future credit behavior.

1. Some people apply for a credit card and seldom use it. When the credit card payment is overdue, they plan to use the credit card completely and simply ignore the credit card, neither making repayments nor canceling the card. This approach is very wrong. If you continue to fail to repay, there will be an overdue payment every month, which means that you will have a bad credit record every month. And if you don't repay for many consecutive months, the bank will be found guilty of malicious arrears. Your credit record will be even worse, and the amount of arrears will become larger and larger. In serious cases, you will be sentenced to fines.

2. If the credit card is not paid overdue, the credit card center of the issuing bank will collect the money. Due to ignorance and blind arrogance, some people not only refuse to repay the loan, but also "escape" by changing their address, mobile phone and other contact information so that the bank cannot contact them, thinking that the bank can't do anything to them. In fact, this approach is absolutely undesirable. When you apply for a credit card, your real-name information has been recorded by the bank. Once you "run away", the bank will determine that you have malicious overdrafts and arrears, and will call the police, who will list you as a wanted criminal.

3. As a credit card holder, once you are unable to repay the loan on time due to unemployment, illness or other accidents, before the final repayment period arrives, the cardholder had better take the initiative to contact the bank's credit card center. Call and state your financial situation, affirm that you do not owe money maliciously, and apply for delayed repayment and interest discounts.

What to do if your credit card is overdue

1. As long as there is an overdue repayment record in the overdue credit report, it will have a certain impact on personal credit. However, personal credit reports do not permanently record past due information. As long as the overdue person has paid off his debt and maintained a good credit record for 5 years, anyone can restart his credit record. Although overdue records will be kept in the credit report for 5 years, as long as the conditions are met, the overdue records that have been paid off will not affect the borrower's loan or credit card application: if the borrower is overdue for no more than three months, as long as the borrower is repaying You can maintain a good credit record for half a year after clearing your debt.

2. After paying off the balance for half a year, the borrower can reapply for a loan or a credit card. If the loan is overdue for more than three months, the borrower must maintain a good credit record for two years after paying off the debt. Two years after paying off the balance, the borrower can reapply for a loan or apply for a credit card. It is worth noting that overdue records after 5 years are deleted, which means that overdue records in the credit report are only retained for 5 years. Overdue records in the bank database are retained for life.

As long as the bank wants to inquire, it can find overdue records at any time. However, in order to give borrowers a chance to reform, banks will not inquire about borrowers’ overdue records from many years ago.

1. Late repayment after a credit card overdraft is a breach of contract. The bank can require the cardholder to repay the principal, overdue interest, overdue fines, over-limit fees, etc.; if the bank wins the lawsuit, the cardholder will also bear the litigation costs. Secondly, if the cardholder maliciously overdrafts a certain amount for the purpose of illegal possession and fails to repay it overdue, which constitutes a credit card crime, he will also bear criminal liability. Finally, overdue credit will leave a bad credit record for the cardholder, which will affect the smooth progress of the cardholder's future loans and other activities. The borrower shall repay the loan within the agreed period. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined in accordance with the provisions of Article 61 of this Law, the borrower may return the loan at any time; the lender may urge the borrower to return the loan within a reasonable period of time.

2. Article 207 If the borrower fails to repay the loan within the agreed time limit, he shall pay overdue interest in accordance with the contract or relevant national regulations. If the borrower repays the loan in advance, unless otherwise agreed by the parties, the interest shall be calculated based on the actual loan period. Article 196 of the People's Republic of China and the Criminal Law of the People's Republic of China. If a credit card has one of the following circumstances and the amount is relatively large, If the amount is huge or there are other serious circumstances, the sentence shall be not less than five years but not more than ten years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; If the amount is particularly huge or there are other particularly serious circumstances, the offender shall be sentenced to not less than 10 years of imprisonment or a fine of not less than 50,000 yuan but not more than 500,000 yuan and property confiscation.

Can I apply for a credit card if my credit report has overdue records?

Yes, but it depends on the severity of the overdue credit.

First of all, if there is an overdue card and the balance has not been paid off, the card will definitely be rejected. Those who were overdue in the past must pay off the overdue debt, and the number of overdue payments within 2 years shall not exceed three or six in a row.

However, it depends on the risk control standards of each bank. The most important thing is whether the applicant's qualifications meet the requirements.

The earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit line.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

It is said that one day in the 1950s, American businessman Frank McNamara was entertaining guests for a meal in a New York hotel. After the meal, he found that he had forgotten his wallet and had to call his wife to bring cash. McNamara came up with the idea of ??starting a credit card company because he felt embarrassed about paying the bill at a restaurant. In the spring of 1950, McNamara and his friend Schneider invested US$10,000 to establish the "Diners Club" in New York, the predecessor of Diners Club. Diners Club provides members with a card that can prove their identity and payment ability. Members can use the card to record their purchases at 27 designated restaurants without having to pay cash. This is the earliest credit card. This kind of credit card that does not require bank processing is a commercial credit card.

In 1952, Franklin National Bank in California, USA, was the first financial institution to issue a bank credit card, becoming the first bank to issue a credit card.

In 1959, Bank of America issued the Bank of America card in California. Since then, many banks have joined the ranks of card-issuing banks. By the 1960s, bank credit cards were quickly welcomed by all walks of life and developed rapidly. Credit cards became popular not only in the United States, but also in the United Kingdom, Japan, Canada and European countries. Since the 1970s, Hong Kong, Taiwan, Singapore, Malaysia and other regions have also begun to handle credit card services.

In the 1960s, credit cards sprouted and developed rapidly in developed European and American countries such as the United States, Canada, and the United Kingdom. After more than 50 years of development, credit cards have been widely accepted in more than 95% of countries around the world.

In the 1980s, with the reform and opening up and the development of the market economy, credit cards began to enter China as an electronic and modern consumer financial payment tool. In the past ten years, they have developed by leaps and bounds.

Can I apply for a credit card if my credit report is overdue?

1. "As long as the overdue record is not very serious, you can still apply for a credit card. However, whether the application is successful depends on the bank's approval Result. Generally speaking, after an applicant applies for a credit card from a bank, the bank will review the applicant's income and personal credit record. For users with overdue records, they are likely to be rejected. Users can try when applying. Submit other financial supporting materials to the bank.

2. Overdue credit investigation means that your personal credit is contaminated. Whether you can apply for a credit card depends on the situation. If your overdue record is 2 years ago, apply for a card. The success rate is relatively high. Banks will generally refer to the applicant's credit record within 2 years. If you have paid off the debt and have no overdue records within 2 years, there is generally no problem; but it should be noted that if your overdue record is due to an overdue credit card. As a result, if you cancel the credit card immediately after paying off the balance, your overdue balance will remain on it forever. In this case, the success rate of the credit card will be relatively low. A credit card is a credit certificate issued by a commercial bank or credit card company to eligible consumers. The form is a card with the name of the card issuer, validity period, number, cardholder name, etc. printed on the front and a magnetic strip printed on the back. and signature strips. Consumers with credit cards can shop or spend in specialized business service departments, and then the bank will settle the account with the merchant and the cardholder.

2. Credit cards stipulated in relevant Chinese laws (Interpretations of the Standing Committee of the National People's Congress on the provisions of the People's Republic of China and the National Criminal Law on Credit Cards) refer to electronic payment cards issued by commercial banks or other institutions with all or Financial institutions with functions such as consumer payments, credit loans, transfer settlements, and cash deposits and withdrawals were officially implemented on December 1, 2017, and the standard English name for credit cards is creditcard. p>

3. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when the payment is received.

5. Credit cards are divided into credit cards and quasi-credit cards. A credit card in which the cardholder has a certain credit limit and can repay before spending within the credit limit; a quasi-credit card means that the cardholder deposits a certain amount of small-amount cash in accordance with regulations. When the balance of the small-amount cash account is insufficient for payment, the cardholder can A credit card that is overdrafted within the specified credit limit generally refers to a credit card.

I hope I can help you.

What to do if your credit report is overdue? >Pay off the overdue balance as soon as possible, and then find a way to deal with the overdue information. If the overdue payment is due to the failure to notify the cardholder of the annual fee adjustment of the credit card, or the inability to deduct the payment due to system upgrades, the cardholder can negotiate with the bank. Eliminate overdue credit records

1. If the overdue time is within 1-3 days and the overdue amount is less than 10 yuan, it may not be considered overdue according to the bank's own regulations. It is recommended that you call us. Consult the bank and negotiate not to report it to your credit report.

2. Banking issues, such as repaying the money on the repayment date, but there is a problem with the banking system, and the account does not arrive until the next day, or the credit card annual fee is adjusted but the cardholder is not notified, and the system upgrade cannot be deducted If the payment is overdue, etc., you can negotiate with the bank to eliminate the bad credit information.

3. If the credit card is overdue for more than one week and has been paid off, if you want to eliminate the overdue record at this time, you can only continue to use the credit card to accumulate a good repayment record. The overdue record will be overwritten after 5 years.

For some online loans, even if you do not go to the central bank for credit reporting, you may go to hundreds of banks for credit reporting. If it is overdue, it may have a certain impact on future loans. Therefore, it is recommended that users first go to Yingxin Kuaicha to check the personal online loan big data report, check the comprehensive credit score, and see if there are overdue loans, blacklists, etc.

Extended information;

What to do if the personal credit report shows that it is overdue but has been settled

The overdue debt has been settled but the credit report still shows overdue records , because the loan repayment information of the relevant institutions has not yet been uploaded to the credit report. The overdue record will be changed after the information is uploaded successfully. The overdue record information is updated approximately once a month.

It should be noted that after overdue debts are paid off, overdue records will not be deleted immediately, but will be deleted after 5 years.

Can I apply for a credit card if my credit report is overdue?

Just because the credit report is overdue does not necessarily mean that I cannot apply for a credit card. It is not wrong to check the credit report when applying for a credit card, but it is not the main thing to apply for a credit card. When looking at the credit report, we will also refer to other factors, such as personal financial situation, debt situation, and workplace, etc., so for people who are overdue, the degree of overdue is mainly looked at. If the overdue is not serious, it will not be considered. It has a huge impact, but if you are overdue three times in a row, you are more likely to be rejected.

If you want to apply for a credit card if you are overdue, you must first look at the severity of the overdue payment. For example, if your credit score is bad, don’t waste your efforts if you are overdue three times or six times in a row. If it is overdue once or twice occasionally, or it was 2 years ago. If the card is overdue, the impact will not be big. It is best to wait 3 months between the card application time and the overdue date before applying. One thing you need to do before applying for a card is to pay off overdue debts and make sure they are not overdue at present, and then apply for some credit cards that have lower thresholds and are easier to apply for.

It is recommended that before you apply for a credit card, you first go to Yingxin Kuaicha to obtain a personal credit big data report to see your comprehensive credit score.

Extended information:

What is the process of applying for a credit card?

1. Prepare materials in advance: Users first go to the business branch of the bank where the card is issued and bring their personal information. ID documents and other information;

2. Apply for a card: At the bank counter, tell the staff that you want to apply for a credit card, check your favorite and suitable credit card type and level, and then make it clear to the bank staff Application for credit card;

3. Approval of qualification certificate: The bank will review and approve the applicant's qualifications. The approval work mainly focuses on the applicant's personal credit, the applicant's repayment ability, etc. After comprehensive appraisal, the bank will decide whether to issue a card to the applicant;

4. Release the card: After approval, the bank will send a corresponding notice and inform the user of the estimated delivery time of the credit card. After the applicant obtains the card, the activated card can be used.

This is the end of the introduction about how to apply for a credit card if your credit report is overdue and whether you can apply for a credit card if your credit report is overdue. Did you find the information you need?