If the payment is overdue, it will cause the following consequences:

1. If it is not overdue within the grace period, if there is no grace period, the overdue interest and late payment fee will be calculated directly.

2. The overdue fine is 5% of the arrears, and the interest is calculated at the daily interest rate of five ten thousandths.

3. Call the credit card center or bank to explain the situation.

4. If it is overdue once, it will be repaid immediately in a short time, which will not have any impact on the credit record.

5. It will have a certain impact on the application for withdrawal, which will slightly reduce the amount of withdrawal.

6. It has a certain impact on loans.

7. Enter personal credit records in diaries that are overdue for more than 6 days.

8. Records overdue for more than 9 days are considered as bad credit information.

in principle, installment payment must repay a certain amount of principal and interest in time every month. If people delay repayment for one month because of forgetting or being short of money, it will not affect their personal credit, but they should still repay in time and try not to default.