Credit cards have a fixed repayment time after use. Generally, the period from the time the credit card statement comes out to the final repayment date is the repayment time. Often the last repayment date is on the bill. The next 25 days vary from bank to bank. So will there be any impact if you postpone your credit card repayment for one day? Let’s find out together.

Does it have any impact to delay the credit card repayment by one day?

Generally, there is no impact to delay the credit card repayment by one day, because according to the provisions of the "China Bank Card Industry Self-Discipline Convention", each company Banks should provide cardholders with "tolerance and time tolerance services" with certain limits and grace repayment periods.

It is best not to wait until the last payment date for credit card payments, as this can easily lead to overdue payments due to delays in the banking system. Of course, before the repayment date comes, you can repay more than 10% of the money first. This is also a good habit to avoid overdue payments.

What are the effects of overdue credit cards?

1. First of all, overdue credit cards affect personal credit, especially after the credit information system records it, you cannot apply for various loan services that require a bank, such as Common mortgages, car loans, etc. If you are included in the list of untrustworthy persons, high-consumption activities such as purchasing business seats will be restricted, and all credit cards under your name will be frozen according to the degree of overdue.

2. If the payment is overdue for more than 90 days, the bank may sue the bank and bear civil liability for non-payment of the debt. If the debt exceeds 50,000 or more, the situation is even more dangerous. Since the new overdue regulations were introduced, overdue sentencing remains quite strict. Once found guilty of malicious overdraft fraud, he will be sentenced.