Credit card balance refers to the sum of principal, interest, late payment fees and other charges owed by credit card holders. Generally speaking, credit card holders can overdraft a certain amount within the validity period of the credit card, but they must repay the amount on time within the repayment period, otherwise a balance will arise.

Credit card balances may have an impact on the cardholder's credit record, affecting their application for bank loans, home purchases, car purchases, etc. In addition, if the cardholder does not repay on time, the credit card issuer may also take collection measures, such as calling, sending text messages, and sending legal reminder letters. If the cardholder still does not repay, You may also be included in a credit blacklist.

In order to avoid credit card balances, cardholders should first pay attention to their consumption level when using credit cards and avoid excessive consumption. Secondly, you should understand the repayment cycle and repayment method of your credit card through various methods so that you can repay in time. In addition, cardholders can also set up an automatic repayment method and connect the repayment amount to their bank account to achieve regular automatic repayment and ensure that there will be no balance in the credit card account.