1. Can overdue credit cards be repaired?

Overdue credit cards can be repaired. The repair methods are as follows:

1. If the credit card is overdue The time is not very long. You can explain the situation to the lending institution, such as missed repayment time, equipment reasons, etc., and ask the lending institution to see if they can help cancel the overdue repayment record.

2. If the credit is overdue for a long time, then the individual must take the credit overdue seriously, ensure that the subsequent repayments are made in full and on time, and maintain a good personal credit record. When the credit record exceeds twenty-four After several months, the new record will overwrite the original overdue record.

2. What are the consequences of not paying back your credit card overdue?

1. Interest and late payment fees

(1) Interest generally refers to the full penalty interest, which means Even if the customer repays part of the amount, the repayment part will not be deducted when calculating the penalty interest, and the interest expense is usually calculated at a daily interest rate of 0.5%.

(2) Late payment fees refer to the situation where the cardholder’s actual repayment amount is lower than the minimum repayment amount on the due date of the credit card, and a “late payment fee” will be charged on the unpaid portion of the minimum repayment amount. The proportion of late payment fees is uniformly stipulated by the People's Bank of China, which is 5% of the unpaid portion of the minimum repayment amount.

2. If you have overdue repayments more than three times, you can apply for a credit card but the amount is very small, or you can get a loan but the interest rate is very high.

3. Have a bad credit record

If you are overdue more than 6 times and fail to pay once, you will be blacklisted by the "Personal Credit Information System" of the People's Bank of China and be on the blacklist. It may affect work, school, and going abroad. Don’t think that it only affects you, your spouse and children are also affected. By that time, there will be no regrets, and the credit report will not believe the tears.

4. Bear criminal liability

(1) If the card is not repaid maliciously, exceeds the prescribed limit or time limit, and the card issuer still fails to repay it after two reminders for more than 3 months, Defined as "malicious overdraft".

(2) A malicious overdraft of not less than 50,000 yuan but not more than 500,000 yuan is deemed to be a relatively large amount and shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.

(3) If the amount is more than 500,000 yuan but less than 5 million yuan, if the amount is huge, the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined 50,000 yuan. A fine of not less than 500,000 yuan but not more than 500,000 yuan;

(4) A malicious overdraft of more than 5 million yuan is a particularly huge amount, and if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment. In addition, a fine of not less than 50,000 yuan but not more than 500,000 yuan may be imposed, or property may be confiscated.

3. How to remedy a credit card that is overdue for more than 90 days

1. If a credit card is overdue for more than 90 days, if you want to remedy the situation, you need to pay off the balance quickly.

2. After paying off the debt, you must pay attention to taking good care of your credit and work hard to repair your credit report. Overdue records on your credit report will generally be retained for at least five years after the debt is paid off before they can be deleted by the system. Customers can only make good use of the card and repay the loan in full on time. By accumulating good consumption and repayment records, overdue records can be slowly covered.

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