There is no need to repay the entire principal.

If the credit card is overdue for 10 days, you do not need to repay the entire principal. If the credit card is overdue, you can generally negotiate to repay it in installments. If the overdue time is too long, more than three months, it may be A one-time payment is required. So it doesn’t matter if you are 10 days overdue. If you actively call and negotiate, you can still pay it back in installments. Don’t be overdue for too long.

What will happen if a Ping An credit card is overdue:

1. Submit a credit report and a credit report. Everyone should know that the first thing to do when an overdue credit card is overdue is to submit a credit report. The longer you are overdue, the more likely you are to submit a credit report. The credit score got worse and worse, until three months later the bank blocked me. The main impact of credit reporting is on applying for credit cards and loans.

2. Penalty interest, interest is accrued every day overdue, 0.5% per day, and interest is compounded every month. If you are overdue for three days, you will miss a meal, if you are overdue for three years, you will miss a car, and the interest will roll over until you die.

3. Collection. About a week after the due date, you start to receive collection text messages from the bank, and there will be collection calls later. Do you think it is all trivial? You know, third-party collection calls are crazy. Yes, although the bank basically collected the debt on its own, the result affected the bank's prosecution.

4. Sue. When you are overdue for more than three months, have a credit card debt of over RMB 10,000, have been unsuccessful in collecting debts for many times, or even made abusive remarks or lost contact, you are not far away from being sued by the bank. If the court files a case, it will collect evidence and make a ruling. It is up to you whether you want to be a deadbeat or go to jail.