The negative credit card limit is not overdue, but the temporary credit limit may be overdue, or the credit card exceeds the limit and the bank reduces the limit.
There are many reasons for negative limit, for example, you can refer to the following situations:
I. Expiration of temporary quotas
When there is a temporary credit card limit, the total amount displayed is fixed limit+temporary limit. If a temporary amount is used, but it expires before it is paid, the total amount will become negative.
The temporary limit needs to be paid off in one lump sum, and installment and minimum repayment amount cannot be carried out. After paying the temporary quota, the quota display will be resumed.
Second, the over-limit use quota
If the cardholder has used up the credit card limit and is still overdrawn, the cardholder's credit card limit will be displayed as negative before repayment.
In addition, some credit cards have an over-limit credit line of 10%, and the total available credit line is 1 10%. The extra 65,438+00% will be displayed in negative numbers, but the over-limit credit line has no interest-free period and needs to pay a high over-limit fee.
Frequent over-limit credit card swiping is easy to make bank risk control more sensitive, so it is generally not recommended to over-limit credit card swiping.
Three. Overpayment
If the cardholder deposits money into the credit card, or the repayment amount exceeds the consumption limit, there will be credit card overpayment, which will also be displayed as a negative number.
After that, when you use the card, you will also deduct the extra money first. Just swipe your card to spend the excess amount, and then swipe your card to deduct the amount in the card.
Fourth, the amount of reduction.
If the credit card suddenly decreases, the amount of decrease is lower than the amount of consumption, and it will also be displayed in negative form, and it will return to normal after repayment.
5. Minimum repayment penalty interest or overdue fee
After the cardholder uses the minimum repayment function, the interest generated is called "full penalty interest". If the credit card has been maxed out and there is a penalty interest, the available amount will be displayed as a negative number at sunrise of the next bill.
In addition, if the cardholder completes the quota and fails to repay in time, the overdue fee, penalty interest and other expenses will occupy the quota, so the cardholder's credit card quota will be displayed as negative.
What behaviors will affect credit reporting?
First, the credit card is overdue, which is the loans overdue of credit. Anyway, once overdue records are generated, it will directly affect personal credit records;
Second, personal debts are too high. For example, there have been loans before, and the loan amount is large, accounting for 70% to 80% of income. If the debt is too high, the credit index will become lower.
Third, for data other than credit, such as arrears of water and telephone charges, don't think that trivial matters may affect your personal credit information.
Fourth, guarantee for others. In this way, if the other party fails to repay the loan on time, it will also be included in the personal credit report. Therefore, we must be cautious when giving guarantees to others, and we must understand each other's willingness to repay and repayment methods.
5. Credit information has been inquired by others for many times. If the credit report is inquired by different financial institutions for a period of time due to loans, credit card approval and other reasons, it will also affect personal credit reporting.