Overdraft interest refers to the interest generated when the credit limit of the credit card held by the user is still used for consumption. If the user generates overdraft interest, it can be paid off before 24 o'clock on the repayment date. If the user has no funds to repay, he can apply for the minimum repayment amount, but he can't repay in installments.
Generally speaking, credit card overdraft interest is calculated at the rate of five ten thousandths of daily interest within 15 days from the date of signing the contract or the date of posting in the bank account (inclusive), ten thousandths of daily interest after 15 days, and fifteen thousandths of daily interest after 30 days or when the overdraft amount exceeds the prescribed limit. The overdraft interest is not divided into sections, and the interest is calculated according to the highest interest rate grade or the highest overdraft amount.
After the overdraft interest is generated, as long as you repay on time, it will not affect your credit. If you don't repay on time, it will affect your credit.
Overdraft interest is the interest generated by consumption after the credit line of credit card is used up, and the repayment amount on the due repayment date also needs to include overdraft amount and interest. If you don't have enough funds to repay, you can choose to pay the minimum repayment amount first, which will not affect your credit. But remember that there must be no overdue, which will affect credit.
What are the consequences of overdue?
First, bear high overdue fees.
The overdue fee, like the name and charging standard of China Loan Platform, is called overdue penalty interest and overdue management, and the charging standard of its various names is not high-capacity, so it must be paid overdue.
Second, undertake the fancy collection of the platform.
The collection is divided into three stages: the first stage is just overdue, and the customer service MM of several platforms reminds me in a low voice that it is overdue, please press the payment; In the second stage, overdue is more serious than the serious warning threat of platform customer service. In the third stage, the platform will advise you to extend the time limit.
Practical example: the platform pushes the arrears information to relatives and friends to let the circle of friends sweep their faces; Platform row is specialized in collection, door-to-door collection, face-to-face communication, account collection and so on. The weather is warm. The outsourcing of platform collection is carried out by a special collection company, and the company violently collects the early stage. I believe that all loans are willing to be satisfied.
Third, facing the crisis of comprehensive trust.
At present, all domestic lending platforms have established a blacklist system. Blacklists between platforms have begun to interoperate. If the platform is in loans overdue, it is difficult for the platform to borrow again. In addition to the ten difficulties, the blacklist of China's lending platform will be publicized through its own WeChat, Weibo and other China channels, and even the screens of railway stations and airports, so as to let the whole people know that it is difficult to borrow money! In addition to malicious default, borrowing is a step.