What if the credit card is overdue?

What if the credit card is overdue? Basically, everyone will have a credit card now. After the credit card is overdrawn, it needs to be repaid regularly next month. If I don't repay the loan on the specified repayment date, let's take a look at what to do with the overdue credit card and related information.

What if the credit card is overdue? 1

I. Overdue repayment

(1) Credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment;

1, if it is paid off in full, it will not generate any expenses;

2. If the repayment amount is less than the minimum repayment amount stipulated by the bank, it will be deemed overdue, with interest of 0.05%, and the unpaid part of the minimum repayment amount will be subject to a 5% late fee;

3. If the repayment amount is greater than or equal to the minimum repayment amount and less than the full repayment amount, interest shall be paid at 0.05%;

(2) Repayment beyond the grace period is deemed overdue: interest is 0.05%, and there is a late fee.

Second, overdue records.

Under normal circumstances, the bank submits the cardholder's credit information to the central bank on a monthly basis, including the bill amount and repayment status of the current month (the specific amount will not be recorded, only full repayment, partial repayment or default will be marked). This detailed information lists nearly 24 months, which is probably the source of some answers that PBOC records have maintained for two years.

What if the credit card is overdue? Credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment. People with good credit can also call to explain the situation, because people with good credit are more likely to reduce fees. After all, people who make mistakes for the first time are still willing to give them a chance to turn over a new leaf.

1, continue to use

After the overdue period, the best way is to continue to use this card and overwrite the original negative record with a new normal repayment record. Generally, a new credit record will be generated, so that personal credit will not be affected after the record is refreshed.

If it is overdue for a long time, the credit card will generate interest and there will be a high late fee. If you run away, the bank will think you overdraw maliciously and call the police.

2. Apply for deferred repayment

If you can't repay on time due to unemployment or illness, you can apply for deferred repayment and interest concessions before the repayment deadline, state your financial situation and declare that you are not maliciously in arrears.

3. Repay in full and on time

If you forget to pay back because of your usual carelessness, you must pay back in full as soon as possible, preferably in full, because calling the bank after full repayment shows that it is not a malicious debt request, and eliminating overdue records has the best chance of winning.

Don't think that it affects only yourself, your spouse and children. At that time, it was too late to regret, and the credit report did not believe in tears.

What should I do if my credit card is overdue?

Credit card is a tool provided by the bank to overdraw in advance, and the money owed to the bank must be paid back. So, don't try to avoid debt after the credit card is overdue. Our credit card debt will not disappear because you don't answer the bank phone, so it is not advisable to refuse to answer the bank phone and change your contact information to avoid collection.

After the credit card is overdue, we need to pay off the debt as soon as possible. If the cardholder is temporarily unable to repay, then we can do this:

1. Actively cooperate with banks. After the credit card is overdue, the bank will generally collect it. We should actively cooperate with banks and pay attention to answering bank collection calls. Under the strict supervision of the state, there is little phenomenon of violent collection. Don't deliberately not answer the phone for fear of violent collection.

This is likely to be considered as a malicious overdraft by the bank. If the overdue amount reaches 50,000 yuan and the cardholder is deemed as malicious overdraft, he may be investigated for criminal responsibility. Therefore, after the credit card is overdue, it is recommended to actively cooperate with the bank for collection, inform the bank of the reasons why you are temporarily unable to repay, and indicate your willingness to repay, and see if you can apply for negotiation repayment.

Credit card users can pay back a little more or less every month. As long as credit card users have repayment behavior, they can avoid being considered as malicious overdraft by banks. Moreover, if the cardholder has repayment behavior, the bank will not easily let the user overdue, and pay a little more or less every month, which can let the bank see that we have the willingness to repay the arrears.

3. Try to apply to the bank for negotiated repayment. If you can't repay in full temporarily, you can apply for installment or deferred repayment. When negotiating repayment, you should pay attention to explaining the reasons for your overdue and show your willingness to repay, so that you can have a chance to apply successfully. If the bank agrees to negotiate, you can repay the loan as agreed after negotiation.

4. Try every means to turn around and pay it off at one time. If the credit card is overdue, there will be interest charges. If the overdue debt is not paid off for one day, it will generate one day's interest expense. So in this case, it is suggested that you can borrow money from friends and relatives around you to pay off the debt at one time, and then pay it back to friends and relatives slowly.

What should I do if my credit card expires?

1. What if the credit card is overdue?

1. Quick remedy for overdue credit cards

If you encounter overdue, you should call the bank service phone immediately to explain that it is not malicious arrears and pay the arrears in time.

In general, banks will have a three-day grace period. Once the cardholder finds that the credit card is overdue, please deal with it immediately to avoid leaving a bad record.

2. How to deal with bad records?

If the cardholder has left a bad record in the bank, don't rush to cancel the card after paying off the arrears and explaining the situation. Once the card is cancelled and the personal credit record cannot be updated, the bad record will always be recorded in the bank, causing serious consequences.

The correct way is to continue to use this credit card and maintain a good credit record for at least 2 years, which will basically not affect personal mortgage, loan, credit card application and other businesses.

At present, the retention period of credit records in China is 5 years.

In actual use, don't hope to remedy the overdue credit card or eliminate bad records, but use the card rationally. Developing good credit card and repayment habits, paying on time and not overdue are the basis to ensure a good credit record.

Second, the consequences of malicious overdraft credit card

(1) According to the laws of our country, anyone who maliciously overdraws a credit card with an amount of more than 10,000 yuan shall file a case for prosecution.

Malicious overdraft refers to the behavior that the cardholder overdraws beyond the prescribed limit or term for the purpose of illegal possession, and has not returned it for more than three months after being urged twice by the issuing bank. Malicious overdraft, the amount of which is more than 1 10,000 yuan but less than110,000 yuan, has been fully repaid before the public security organ files a case. If the circumstances are obviously minor, criminal responsibility may not be investigated according to law.

(2) The following points should be noted when judging malicious overdraft:

1. The cardholder is a legal cardholder. If someone steals or fraudulently uses another person's credit card, it constitutes the act of stealing or fraudulently using another person's credit card, not malicious overdraft.

2. The cardholder intentionally refuses to repay. For the purpose of illegal possession, that is, the overdraft clearly knows that he is unable to return it before overdraft, but still uses the card to consume or withdraw cash. Or have the ability to repay, but don't want to pay back after spending or withdrawing money.

It is a subjective unwilling behavior. In the process of judging whether the actor's purpose is illegal possession, we must distinguish whether this kind of behavior is subjectively malicious and does not return, or whether the actor can't return because of reasonable objective factors. This is the key to distinguish malicious overdraft from goodwill overdraft.

3. Malicious overdraft includes overdraft exceeding the prescribed overdraft limit, overdraft exceeding the prescribed time limit and non-repayment after collection. Overdraft limit refers to the short-term loan limit of personal credit guarantee that the cardholder can use as stipulated by the issuing bank. For overdrawn cardholders, the issuing bank can make a collection according to the repayment period. If the cardholder returns it automatically without bank collection or after collection, it will not be treated as a crime.

Finally, remind credit card holders to repay in time after overdraft consumption. Once a credit card user fails to repay many times, not only will the bank charge higher interest and late fees, but the cardholder's own credit will also be reduced, which will be affected when handling car loans and mortgages in the future.

First, the bank will have a three-day grace period. If the repayment is made within the three-day grace period, it will basically not be considered overdue. If it is unable to repay due to economic problems, it shall try its best to repay the minimum repayment amount. Although this will generate some interest, it can guarantee that the credit card will not have a bad record. If malicious overdraft is caused by malicious non-repayment during the use of credit cards, you will bear criminal responsibility, so you must pay attention to repayment on time when using credit cards to avoid adverse consequences.

Bian Xiao teaches you three ways to eliminate bad overdue records of bank credit cards.

I believe everyone knows the importance of credit records. What should I do if my credit card unexpectedly expires and has a bad record? Below I will teach you a few tricks to eliminate bad credit card records.

0 1

After the credit card is overdue, don't cancel the credit card immediately after all the arrears are settled. Because banks usually keep credit card records for 24 months, if the credit card is cancelled after overdue repayment, then the final record of the bank records the information of the overdue period of the credit card. If the card continues to be used and can be repaid on time for more than two years, then the record found in the bank is the normal repayment record.

02

If the credit card is overdue, if the overdue is caused by objective reasons, for example, because the bill has not been received, or because of bank problems, then you should promptly report it to the credit card customer service. In this case, you can generally apply to modify the credit record.

03

If the credit card is overdue for too long and has been stopped by the bank, it is impossible to cover the bad record by maintaining the new repayment record. At this time, you can ask the bank to provide proof of non-malicious overdraft or credit card settlement, which is useful for future bank loans.

04

The credit card is overdue because it has not been repaid in time. In order to maintain a good credit record, it is suggested that you can repay the loan by installments, or pay the minimum repayment amount if you can't repay the loan in full, so that even if you have to pay extra fees, at least your credit record will not be damaged. Everyone should cherish their credit records.

What if the credit card is overdue?

Pay off the arrears in time, take the initiative to explain the situation to the bank and keep the account normal; Don't cancel your card just because it is overdue, so you will lose the opportunity to repair your credit. After the credit card is overdue, you should continue to use it normally, spend more, repay it on time, and replace the overdue record with a new repayment record; Don't lose contact after the deadline, or you may get lost.

Extended data:

Personal credit investigation refers to the activities of personal credit investigation institutions established according to law to collect and process personal credit information and provide personal credit information inquiry and evaluation services according to the requirements of users. Personal credit report is a personal credit history record provided by a credit reporting agency to legitimate information inquirers after processing and sorting out the information collected according to law.

At present, it is mainly used in various consumer credit businesses of banks. With the continuous improvement of the social credit system, credit reports will be more widely used in commercial credit sales, credit transactions, recruitment and job hunting and other fields. In addition, the personal credit report also provides a way for inquirers to examine and standardize their own credit history behavior, and forms a verification mechanism of personal credit information.

The main factors that may affect the personal credit risk score are: repayment in loans overdue, failure to repay according to the agreed time limit and repayment amount after credit card overdraft, or too many loan accounts and credit cards. Credit institutions or information providers that have received objections shall mark the relevant information with objections in accordance with the provisions of the supervision and administration department of credit reporting industry in the State Council, check and handle it within 20 days from the date of receiving the objections, and give a written reply to the dissidents.

After verification, it is confirmed that the relevant information is indeed wrong or omitted, and the information provider and the credit reporting agency shall correct it; If it is confirmed that there is no mistake or omission, the objection mark shall be cancelled; If it cannot be confirmed after verification, the verification and objection shall be recorded.

The credit report is based on the Report on the Development of Credit Information Industry in China (2003-20 13) issued by the People's Bank of China, forwarded by the Central People's Government of People's Republic of China (PRC). It is a way to collect, sort out, save and process the credit information of natural persons, legal persons and other organizations according to law.

In addition to the most common credit card overdraft and personal mortgage repayment in loans overdue, some behaviors such as arrears of living expenses and guarantees may be included in the personal credit report. The report shows whether I owe taxes, civil judgments, enforcement, administrative penalties or telecommunications arrears. , which will be displayed in the report.

The credit card has expired. What about bad records?

Handling methods of overdue credit cards and bad records:

1. If the credit card fails to repay on time, there will be a penalty, which is generally the minimum repayment amount, 5% of the unpaid part.

2. If the credit card fails to repay on time, it will generate high interest, and it is rolling interest. In the case of more debts, interest will be high.

3. Overdue will tarnish the credit record, resulting in the inability to handle financial needs such as buying a house and lending in the next two years.

4. The overdue payment is more than 3 months, and the amount exceeds 1 000 yuan, and the bank has repeatedly failed to make dunning. At that time, you will not only pay back the money, but also bear criminal responsibility.

Extended data:

I. overdue repayment method of credit card:

1. Within the issuing bank: including the issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. The credit card limit will be restored immediately after repayment, and the money will generally be recorded after being processed by the system on the same day.

2. Transfer and remittance repayment: mainly divided into two ways: inter-bank in the same city and inter-bank in different places. Whether it is transfer or remittance, the remittance bank will charge a certain fee, and the payment time and repayment convenience are not as good as those of peers, online repayment and convenience stores.

3. Online repayment: Common online platforms in China include UnionPay Online, Kuaiqian, Shengfutong, Alipay and Tenpay. Choose different platforms and banks, and the charging standards and specific arrival time are different.

4. Convenience store repayment: This method mainly completes the repayment through the "Lacarra" smart payment terminal installed in the convenience store. Generally, it will arrive in 2~3 working days, and there is no handling fee for repayment in this way.

5. Counter repayment: Counter refers to the current RMB deposit and withdrawal transactions of bank cards issued by various networked financial institutions through counters of other bank outlets registered in the mainframe system of UnionPay Trading Center.

Two. Precautions for overdue credit cards:

Cardholders should pay special attention to the last repayment date of credit cards. The last repayment date is the last day of the interest-free repayment period. Before that, the repayment is interest-free. Overdue, all consumption funds will no longer enjoy interest-free repayment treatment. The bank will calculate the interest on a daily basis with the amount of consumption as the principal, with a daily interest rate of 0.5 ‰, compound interest every month and a late fee.

Credit card late fee means that when the actual repayment amount on the due repayment date of the credit card is lower than the minimum repayment amount, the cardholder needs to pay late fee for the unpaid part of the minimum repayment amount, which is generally 5% of the unpaid part of the minimum repayment amount. However, due to different bank policies, the minimum amount set is not the same.

Therefore, cardholders with a large overdraft during the Spring Festival holiday must bear in mind the last repayment date after receiving the bill and try to pay off all expenses before the due repayment date. If you really can't afford it, apply for installment repayment as soon as possible or adopt the minimum repayment method to avoid being penalized by the bank.

People who have no economic income, such as students, should not apply for credit cards easily. Even if you don't use a credit card, you have to bear the annual fee and other items. Credit card holders give up the use of credit cards and go through the formalities of card withdrawal in time. Otherwise, the expenditure of credit cards and the interest and late payment fees generated in the later period will lead to personal economic losses and credit reduction, which will affect mortgage and car loans.