What to do if your credit card is 10 days overdue?
If a user's credit card is 10 days overdue, they should pay off the balance as soon as possible. And call the bank’s customer service number to inquire about related matters. He also explained his situation to the bank and stated that he did not owe the money maliciously, but only caused the overdue situation due to temporary negligence. See if the bank can be lenient. If the bank has not reported the user's overdue record to the central bank's credit reporting system at this time, it will not report it after confirming that the user's situation is true. Within these ten days, the bank has reported it to the central bank's credit reporting system. There is no remedy. Users can only maintain good credit in the future and wait for five years before the credit will be automatically eliminated.
The consequences of an overdue credit card are:
The bank credit card bank center will charge late payment fees and interest:
1. The late payment fee is 5% of the unpaid minimum repayment amount. % calculation, the minimum charge is RMB 10 yuan or 1 US dollar
2. At the same time, the bank will also charge an interest of 0.05% per day on the entire bill.
Influence on credit:
1. Overdue credit is considered overdue once within a month. As long as it is overdue, even once, it will be more difficult to increase the credit limit.
2. If you are overdue three times in a row or six times in total, you will have a bad credit record and it will be difficult to get a loan or apply for a credit card in the future.
3. If the credit card is overdue for a certain amount and time, the bank will freeze the credit card.
Users who are overdue for a long time, fail to repay after repeated reminders, illegally cash out, etc. will be listed as users who are refused credit by the relevant banks. Blacklist data is retained in the central bank’s personal credit system for five years.
Especially serious and obviously malicious negative information such as bankruptcy will be retained for ten years. After the retention period, negative records will be deleted from personal credit reports.
According to the notice on the issuance of the "Credit Card Business Management Measures":
Article 18 The maximum overdraft period of a credit card is 60 days.
Article 19 Credit card overdraft interest will be calculated at a daily interest rate of 5/10,000 within 15 days from the date of signature or bank accounting date, and a daily interest rate of 10/10,000 for more than 15 days, and 10/10,000 for more than 30 days. Or if the overdraft amount exceeds the prescribed limit, the daily interest rate will be calculated at 15%. Overdraft interest is not calculated in stages, but is calculated based on the highest interest rate bracket for the final term or the maximum overdraft amount.
Article 33 Any unit that opens a basic deposit account at a financial institution within the territory of the People's Republic of China and the People's Republic of China may apply for an unit card. Several unit cards can be applied for, and the cardholder's qualifications shall be designated and canceled in writing by the legal representative of the applying unit or his authorized agent.
Citizens with full capacity for civil conduct can apply for a personal card. The main cardholder of a personal card can apply for supplementary cards for his spouse and relatives over the age of 18. There may be no more than two supplementary cards. The main cardholder has the right to request the cancellation of his supplementary cards.
Article 34 When applying for a credit card, an organization or individual should fill in the application form in accordance with the regulations and submit it together with relevant information to the card-issuing bank. For those who meet the conditions, the card-issuing bank will open a credit card account for the applicant and issue a credit card.
Article 35 All funds in the unit card account shall be transferred and deposited from the basic deposit account. Cash shall not be deposited, and funds from other deposit accounts and sales revenue shall not be deposited into the unit card account.
The funds in a personal card account are limited to cash deposits held by the individual or transfers from salary payments and other legitimate personal income. It is strictly prohibited to transfer funds from the company into personal card accounts. [img]
What should I do if my credit card is overdue for 10 days? Is there any good solution?
What should I do if my credit card is ten days overdue?
If a user's credit card is ten days overdue, they should pay off the balance as soon as possible. And call the bank’s customer service number to inquire about related matters. He also explained his situation to the bank and stated that he did not owe the money maliciously, but only caused the overdue situation due to temporary negligence. See if the bank can be lenient. If the bank has not reported the user's overdue record to the central bank's credit reporting system at this time, it will not report it after confirming that the user's situation is true. Within these ten days, the bank has reported it to the central bank's credit reporting system. There is no remedy. Users can only maintain good credit in the future and wait for five years before the credit will be automatically eliminated.
2. Will there be any consequences if the credit card is overdue?
1. Overdue interest will be charged
Users generally have more than 20 days to overdraft using a credit card. Interest-free repayment periods ranging from more than 50 days. If the cardholder fails to fully repay the overdraft within this interest-free repayment period, the cardholder will no longer enjoy the bank's interest-free treatment for all expenses incurred last month, and the recurring daily interest rate is as high as 0.05%. , that is, the annual interest rate reaches 18%.
2. Credit card late payment fees will be incurred.
Credit card late payment fees refer to fees that should be paid to the card-issuing bank according to regulations when the cardholder fails to repay before the due payment date (inclusive) or the repayment amount is less than the minimum repayment amount.
3. It will produce a bad credit record.
Credit card users who overdue repayments will be recorded in bad credit records, and the basic database of personal credit information has been networked nationwide. As long as residents have handled loan business at banks, applied for credit cards, or provided others with If you pass a guarantee or other acts, you can check the credit report at any domestic commercial bank. For customers with bad records, banks will treat them with caution in future loan applications and may require customers to provide mortgages and guarantees, may reduce the loan amount, increase the loan interest rate, or even refuse the loan. On the contrary, if the credit report has a good record, you may enjoy preferential treatment in terms of amount and interest rate in future credit business.
4. Litigation costs may arise over time.
If the cardholder fails to repay the overdraft after 2 months, the bank will call the user to remind the user to repay. If the loan is not repaid, the bank will ask a lawyer to issue a lawyer's letter to the user. If the user still refuses to repay after 180 days of overdraft, the bank will file a lawsuit against ++, and the losing party will bear the litigation costs of the case. When the bank ++ requires the user to repay, the bank usually wins the lawsuit, so this part All costs will be borne by the user.
5. Malicious overdraft requires criminal liability
According to my country's "Criminal Law", malicious overdraft means that the cardholder overdrafts beyond the prescribed limit or within the prescribed period for the purpose of illegal possession. If the amount is not returned even after being called upon by the issuing bank; malicious overdraft is used to conduct credit card++ activities, those with larger amounts will be held criminally responsible for credit card++ crimes.
Be sure to pay off your overdue credit card as soon as possible. As long as it is overdue for one day, overdue interest will accrue, and the overdue record will also be recorded in the credit reporting system, which will affect your future life and work. It has a great impact. Therefore, only by paying off the loan in time can you protect your own interests. When applying for a credit card, you also need to make sure that you have the ability to repay, so that you will not bear legal liability.
What are the consequences of a credit card that is overdue for about ten days?
The consequences of a credit card that is overdue for about ten days may include:
1. Late payment fees are based on the minimum repayment amount. Calculated at 5% of the partial amount, the bank will also charge an interest of 50,000 per day on the entire bill;
2. Overdue within one month is considered overdue once. As long as it is overdue, it will be difficult to increase the limit. ;
3. It will affect your credit. If you are overdue three times in a row or six times in total, you will have a bad credit record. It will be difficult to get a loan or apply for a credit card in the future.
Extended reading
First, contact the credit card center as soon as the credit card is overdue and explain the reason for the overdue date
If our credit card is overdue , we must contact the credit card center as soon as possible, explain to the credit card center the reason for our overdue payment, and express our importance to the overdue credit card.
In the process of communicating with the credit card center, we must inform the credit card center of the reasons for the overdue payment and strive for their understanding. When our credit card is overdue, we should proactively contact the credit card center to express our concern about the overdue credit card. Most credit card centers will understand us.
Second, inform the bank of your income and propose a follow-up repayment plan
When communicating with the credit card center, we must focus on communicating with the credit card center about your income. . We need to inform the credit card center of our current income and expenses, and formulate future repayment plans based on our net income.
We must communicate our future repayment plan with the credit card center and try our best to obtain the credit card center’s approval.
The credit card center ultimately hopes that we can repay on time. If we can indeed repay according to the proposed repayment plan, the credit card center will still agree to our plan.
Third, repay the debt on time according to the repayment plan, and if funds allow, try to pay off the debt in advance
After we determine the repayment plan with the credit card center, we must be strict Repay the debt according to the agreed repayment plan. There can only be early repayment and no late repayment.
When our credit card becomes overdue, the credit card center has very low trust in us. If we are overdue again, the credit card center will collect collection by phone, door-to-door collection, ++++ Collections are carried out in other ways, which will have a greater impact on our lives and work.
What are the consequences if you forget to repay a credit card and it is 10 days overdue?
The consequences of forgetting to repay a credit card and it is 10 days overdue are serious. For example, it may be blacklisted by the bank. List or freeze credit cards. Under normal circumstances, some banks have a certain grace time service and will extend about 3 days after the repayment date. If there is still no repayment after 3 days, the bank will consider it as overdue repayment, so if the credit card is 10 days overdue It's still very serious.
Specific consequences of a credit card that is overdue for 10 days
1. Impact on personal credit. If a credit card is overdue for 10 days, the bank will record the overdue situation in the personal credit report, resulting in a bad record , causing problems with the cardholder’s personal credit. The importance of personal credit cannot be overstated. Personal credit will have a certain impact on credit card applications, credit card limit increases, bank loans and other bank-related businesses.
2. Interest and liquidated damages. Under normal circumstances, if a cardholder uses a credit card overdue for 10 days, a certain amount of interest and liquidated damages will be incurred, and it is calculated based on daily interest. The longer the overdue time, the higher the interest and liquidated damages. The more interest and liquidated damages.
Be sure to repay your credit card on time
In fact, before the credit card repayment deadline comes every month, the bank will send you a text message, and a reminder will also appear on the bank APP you downloaded. , they will all remind you to repay the credit card, so forgetting to repay the credit card does not exist, it is just that you do not have the money to repay the credit card. Some of the consequences of an overdue credit card have been discussed above. Another part is that if you have a large overdue amount and a long overdue time, for example, tens of thousands of yuan overdue and have not paid it back for a year or two, then the overdue record will be It will be uploaded by the bank to the central bank's credit reporting system. And this record will exist for 5 years. Within these 5 years, it may also affect your other credit business processing at the bank, and your loan may not be approved by the bank. Therefore, the consequences of overdue credit cards are very serious, so you must pay back your credit cards on time.
If you always forget the repayment time of your credit card, you can set up automatic repayment. The bank will deduct the money from your account when it is due, and you do not need to actively repay it.
Will a credit report be filed if a credit card is overdue for ten days?
A credit report will be filed if a credit card is overdue for one week.
Most banks now have a repayment grace period for credit card holders. As long as the cardholder repays within the grace period, the card-issuing bank will not upload bad records to the credit reporting system. Once the credit card holder is still unable to repay within the grace period or is one week overdue, the card-issuing bank will upload the card holder's overdue repayment record to the central bank's credit investigation.
If the cardholder is overdue, he needs to continue to use the credit card, and then let subsequent good usage records overwrite the previous overdue record. For overdue cardholders, if they continue to use the card and maintain good usage records during the period, the overdue credit record will not be eliminated until 5 years later.
According to the standards of the card-issuing bank, any repayment within the grace period will be regarded as on-time repayment, and there is no need to worry about credit damage. However, if you are unable to repay within the grace period, it will be considered overdue and will affect the cardholder's personal credit report. Once the number of overdue days exceeds the grace period, the cardholder will still be charged overdue penalty interest, and the card-issuing bank will charge interest from the recording date.
This is the end of the introduction about the impact of a credit card being overdue for ten days and about ten days being overdue. I wonder if you found the information you need?