Why is there still a debt after paying off the credit card?

If the customer has already paid off the credit card and still shows a debt, it is most likely because the payment has just been made and the money has not yet arrived. If the payment has been received, it may be that the banking system has not yet completed settlement, so the liability situation has not changed.

When the money arrives and the banking system completes the settlement, the credit card will no longer show a debt. Sometimes the data will be delayed, so the immediate status cannot be seen. Therefore, customers can wait until the second day of repayment to query. By this time, the information should have been updated.

The repayment date of a credit card refers to the last time when the entire loan or the minimum repayment amount must be repaid according to the rules of the card issuer. The repayment due date is calculated from the bill application date plus the interest-free period.

The interest-free period rules of each bank are different. The shortest period is from the statement date to the last payment date, and the longest period is from the day after the statement date to the last payment date of the next month. . So the shortest is 20 days and the longest is 50 days. During this period, the current bill balance must be paid in full.

After paying off the credit card, it still shows that the payment still needs to be made. Why?

After all the credit cards are paid off, the user only pays off the current bill amount. As long as the card is still used, bills will continue to be generated in the next period, and the user needs to continue to repay. If the user pays off all credit card balances in advance and does not use the card in the future, then after paying off, the credit card does not need to be repaid. The user's credit card has been paid off. If you don't use it for a long time, you can choose to cancel the card. After all, the card is not free for life. If you don't use it for a long time, you may be charged an annual credit card fee. Different repayment channels have different arrival times

We all know that the banking system connects to bank repayment channels, as well as other banks and third-party payment repayment channels. Different repayment channels have different arrival times, such as Bank transfers and inter-bank transfers generally arrive in real time. Third-party payment (such as WeChat and Alipay) repayments do not arrive so quickly. Some banks can arrive in real time, while others may arrive the next day, and the repayment time will also be affected. influence.

Although some banks have reimbursed them, they usually update the next day. Therefore, if it is determined that the repayment has been successful, even if the current status has not been repaid, it does not mean that the bank has not received the money, so as long as the repayment is confirmed to be successful, there is no need to worry. If a customer has paid off and the credit card still shows debt, this may be because it was just paid off and the money has not arrived yet. If the funds have arrived, it may be that the banking system has not yet been cleared and therefore the debt situation has not changed.

When the money arrives, the banking system has cleared it, so the debt will no longer appear on the credit card. Sometimes the data is delayed so you don't see the status immediately, so the customer can wait until the next day of repayment and the information should be updated. However, we should also note that if the total debt shown on the credit report is, in addition to the credit card bill, it will also include all the loans of the customer. So there is no use just paying off the credit card, you have to pay back the loan so that there is no debt. If the credit card has been closed and there are new consumption and new bills, then naturally it can only be regarded as a new debt.

Why does it still show that you owe money after paying off your credit card?

Credit card repayment is a top priority. In order to avoid overdue payment, you must successfully repay it before the last payment date. However, many cardholders have clearly paid off the money, but the results still show that they are in debt. So why does the credit card still show that money is owed after paying off?

1. Return the wrong credit card. Nowadays, it is common for people to have five or six cards. Some have credit cards from different banks, and some have several credit cards from the same bank. If they are all repaid manually, it is easy to make mistakes. Especially if they have multiple credit cards from the same bank, many people think that they can just pay back one card at random. However, in some banks, each credit card account is independent and needs to be repaid separately. This is more unfair.

2. Did not receive the bill. If a credit card transaction occurs in the month, the bank will send an electronic statement on the statement date. Click to view the total balance owed on the bill, the minimum repayment amount, and transaction details. It is most appropriate to repay according to the statement, and the minimum repayment must be paid. The amount will not be overdue, and if you do not receive the bill and rely on your own estimates to repay, it is easy to make mistakes. However, if this leads to overdue payment, you can apply for objection to modify the credit report after repayment.

3. No one-time repayment.

During every year and festival, banks will increase their temporary limit. For example, during the recent 618, many cardholders got temporary limits on their credit cards. You have to pay attention when using them. If you use the temporary limit, you must pay it off in one go. Because minimum repayments and installments are not allowed temporarily, many people mistakenly believe that just paying the minimum amount is enough. As you can imagine, the result is that it will definitely be overdue.

4. Too much reliance on automatic repayment. Many people think that if they set up automatic repayment, the bank system will deduct the money for repayment on the final payment date, so they don't have to worry about forgetting to repay and making it overdue. However, automatic repayment is not foolproof. There is a precondition that there must be enough debit amount on the card. If the balance is insufficient on the day of debit, it will also be overdue. In order to avoid this situation, it is recommended to check the balance of the associated account 2 to 3 days in advance to avoid depositing money as soon as possible.

The above is an introduction to why the credit card still shows money owed after paying it off. I hope it can give my friends some reference.

Why can’t I use my credit card after paying it off? Find the cause and prescribe the right remedy

After using a credit card, you must repay it on time. However, we need to remind everyone that the credit card may not be able to be used after it has been paid off. If you encounter this situation, you must find out the reason in time. The only solution is to cancel the credit card and apply for a new one. Let’s briefly introduce it today.

Why can’t I use my credit card after paying it off?

Under normal circumstances, after the credit card has been paid off and there is a limit, it can be used again, such as swiping the card for consumption or withdrawing cash. The key is that the status of the credit card must be normal. However, there may be several reasons why you cannot use it after repaying the money.

1. The credit card is damaged and the POS machine cannot swipe the card for consumption

For example, many cardholders intend to swipe the card for consumption, but the credit card is degaussed/the chip is damaged, and the POS machine cannot read it. Card information is naturally unusable.

This requires contacting the bank to replace the damaged credit card, getting a new credit card to activate and then swiping the card. Or you can bind your card to a third-party payment platform such as WeChat or Alipay and pay by scanning the QR code, passive scanning, or Quick Pass. As long as the merchant can support credit card payment, you can pay with a credit card.

2. The credit card has been stopped by the bank and cannot be used for transactions

Many cardholders often use their credit cards to cash out, which results in the credit card being risk controlled by the bank. Some banks are more like thieves. Before the cardholder repays the card, the cardholder calmly makes the cardholder think that nothing is wrong, but as soon as they repay the card, they immediately take stop-payment measures on the credit card. Anyway, the debt has been recovered, and it doesn't matter if the cardholder cannot use the card.

Unless the cardholder can provide real consumption vouchers to prove that the credit card transaction is a real consumption, payment will be permanently stopped and will not be unblocked. However, the credit card account still exists, and the annual fee will still be deducted every year even if the card cannot be used. If there is no overdue payment, it is best to cancel the credit card.

The above is the relevant introduction to "Why can't I use my credit card after paying it off?", I hope it will be helpful to everyone. In short, if the credit card cannot be used after it has been paid off, it is best to find out the reason according to the above introduction, and then take corresponding measures. In short, if you want to use your credit card for a long time, standard use of the card is the most important thing.

Let’s stop here for the introduction of why you have to pay off your credit card.