The bank may deactivate your card if you do not repay it for 3 months, and it will also have an impact on your personal credit. It is normal to charge interest and late fees. Here you can simply tell the poster about the calculation method of interest. The interest is charged at 50,000 per day, and compound interest is charged monthly. There is also a late payment fee that is charged monthly based on 5% of the unpaid portion of the minimum repayment amount. For example, your credit card bill date is the 5th of each month, and the payment due date is the 25th. Spending 12,000 yuan on May 6.

The bill due on June 5th is 12,000 yuan, and the payment is due on June 25th.

If the loan is not repaid on July 5, the interest will be: 12,000 yuan * 0.05% * 61 days (5/6-7/5) = 366 yuan. Late payment fee: (12,000 yuan * 10% + 366 = 1,566 yuan, which is the minimum repayment amount) * 5% = 78.30 yuan.

As for compound interest, it means compound interest. That is to say, starting from July 6th, the principal will not be 12,000, but (12,00366)*0.05%=6.18 yuan/day interest. .

If the loan is not repaid on August 5, the interest will be: (1200366)*0.05%*31 days (7/6-8/5)=191.67 yuan. Late payment fee: (12,000 yuan * 10% + 366 + 78.30 + 191.67) * 5% = 91.80 yuan.

After calculating this, the interest plus late fee for two months is more than 700, which is estimated to be about 1,000 per month for three months.