What to do if your credit card is overdue?

Pay off the debt in time, proactively explain the situation to the bank, and keep the account in a normal state; do not cancel the card because it is overdue, otherwise the card will be repaired. Opportunities for credit. After the expiration date, you should continue to use the credit card normally, spend more, repay on time, and replace the overdue record with a new repayment record; do not lose contact after the expiration date, otherwise you may be cheated.

Extended information:

Personal credit reporting refers to the collection and processing of personal credit information by personal credit reporting agencies established in accordance with the law, and provides personal credit information inquiry and evaluation according to user requirements. service activities. A personal credit report is a personal credit history record that the credit reporting agency collects in accordance with the law, processes and organizes it in accordance with the law, and finally provides it to legal information inquirers in accordance with the law.

Currently it is mainly used for various consumer credit businesses of banks. As the social credit system continues to improve, credit reports will be more widely used in various commercial credit sales, credit transactions, recruitment and job hunting. In addition, personal credit reports also provide the inquirer with a way to review and standardize his or her credit history behavior, and form a verification mechanism for personal credit information.

The main factors that may affect personal credit risk scores are: there have been overdue repayments on loans, or credit card overdrafts have not been repaid within the agreed time limit and repayment amount, or there are too many loan accounts and credit cards, etc. When a credit reporting agency or information provider receives an objection, it shall mark the relevant information as objectionable in accordance with the regulations of the credit reporting industry supervision and administration department of the State Council, verify and handle it within 20 days from the date of receipt of the objection, and provide a written reply with the result. Dissenter.

After verification, if it is confirmed that there are errors or omissions in the relevant information, the information provider and the credit reporting agency shall make corrections; if it is confirmed that there are no errors or omissions, the objection mark shall be cancelled; if it cannot be confirmed after verification, , the verification status and objection content should be recorded.

The credit report is based on the "People's Bank of China Releases the Development Report of China's Credit Industry (2003-2013)" forwarded by the Central People's Government of the People's Republic of China and the Central People's Government of the People's Republic of China. The credit report is collected, organized, and A way to save and process the credit information of natural persons, legal persons and other organizations.

In addition to the most common credit card overdrafts and overdue repayments of personal mortgage loans, some behaviors such as failure to pay on time and guarantees may be included in personal credit reports. The report shows that if the person has ever had tax arrears, civil judgments, enforcement, administrative penalties, or telecommunications arrears, etc., the report may be displayed.

What to do if your credit card is overdue

1. As long as there is a record of overdue repayment 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.

What to do if your credit card is overdue? How to deal with an overdue credit card

1. If your credit card is overdue, you must first pay back the money yourself, so that there will be no tax within 20 days. Trustworthy (the policies of major commercial banks vary).

2. Within a few days, you can call customer service and explain the reason why you are overdue. This reason is usually due to irresistible force or due to negligence on your part.

3. Explain to the bank that there is no malice in the overdue payment. This point is also very important. If you find that the payment is overdue after timely payment, you should call the bank customer service in time to explain that you have no malicious intent to overdue the payment.

4. If the overdue time is relatively long, you don’t need to worry about the credit report, because it must have been included in the file. At this time, you can use the above negotiation method (most of them are useless) , in order to prevent the bank from freezing your credit card, you can use more money.

5. If there are really overdue credit problems that prevent you from getting a loan, you can also use a non-malicious certificate to solve the problem: that is, if there are minor problems in your credit report, and you apply to the bank for issuance of a credit card that is not caused by your own initiative, Malicious overdue certificate is also a method when the credit problem is not serious.

That’s it for the introduction of what to do if your credit card is overdue.