Detailed description:

1. The minimum repayment amount refers to the amount that the cardholder must pay at least before the repayment date, usually a small part of the total amount owed.

2. Overdue repayment will lead to overdue records in credit card accounts, which will have a negative impact on personal credit evaluation and may require penalty interest.

3. Choosing the minimum repayment amount after overdue can avoid default, but it is not recommended.

The minimum repayment can only pay a small part of the arrears, and the unpaid part will generate high interest, which will lead to the continuous accumulation of debts.

If the cardholder only pays the minimum repayment amount for a long time, the arrears will continue to increase, and the time and cost required to pay off all the arrears are very high.

6. It is recommended to repay in full and on time to avoid the negative impact of interest expense accumulation and credit evaluation.

Summary:

You can still choose the minimum repayment amount after the credit card is overdue, but it is not recommended. The minimum repayment can only pay a small part of the arrears. Long-term minimum repayment will lead to debt accumulation and high interest expenses, and will also have a negative impact on credit evaluation. It is suggested to repay the loan in full as far as possible to avoid the accumulation of interest expenses and maintain a good credit record.

Extended data:

According to the relevant laws and regulations of our country, after the credit card is overdue, the cardholder has the obligation to repay. The minimum repayment amount refers to the minimum amount that needs to be paid before the repayment date according to the regulations of the bank, which is generally a part of the total arrears. Overdue repayment will lead to damage to personal credit evaluation, and penalty interest may be paid. Therefore, in order to avoid adverse consequences, it is recommended to repay in full or as much as possible.