1. Is it okay if the credit card is overdue for one day?
Most banks have given cardholders a certain grace period for repayment, and there is no problem if the repayment is overdue for one day. There would be too many problems. However, cardholders should also note that the bank's grace periods are natural days, not working days, which means Saturdays and Sundays are included. Therefore, it is still recommended to repay the loan as soon as possible and not to overdue it for too long.
Banks such as China Merchants, China Everbright, Ping An, CITIC, Shanghai Pudong Development Bank, Industrial Bank, Hua Xia and other banks all provide at least a grace period of more than 1 day for repayment. As long as you can repay the debt immediately after the due date, the money will be within the grace period. If the payment is received before the end of the period, the bank will not charge interest even if the repayment is normal.
2. What are the consequences of an overdue credit card?
1. If there are problems with your credit, there may be obstacles to financing services such as housing and cars and the use of credit cards. In the pre-financing review of banks and financial institutions, the raising of personal credit is the most direct manifestation.
2. Generally speaking, after the phone calls and text messages have failed to recover, the return visit of the credit card is relatively formal, and the other party is asked to present relevant certificates and debt power of attorney, otherwise the other party will refuse to come to the door. Home visits are a means of putting pressure on you by influencing your family and neighbours.
3. Being listed as a person subject to execution for dishonesty, high consumption and going out are restricted. If the bank does not go to court and return the money, it can sometimes enforce the nominal assets or be placed on the list of bad credit enforcers. Recently, many people believe that people who borrow money with malicious intent should be punished.
3. Will you go to jail if your credit card is overdue?
Whether you will go to jail if your credit card is overdue will depend on the actual situation. If the overdraft is malicious, the bank will sue the bank and be held criminally responsible, and may go to jail; if the overdraft is not malicious, the bank will be sued civilly and held civilly responsible for repayment.
The law stipulates that if a cardholder overdrafts beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and fails to return the card for more than three months after being called upon twice by the card-issuing bank, it is deemed to be a malicious overdraft. Anyone who maliciously overdrafts more than 10,000 yuan can file a case for prosecution.
Of course, if the customer did not overdraft the credit card maliciously, he will not go to jail. The court will only require the customer to pay off the debt as soon as possible. If the customer pays off the debt in time after the court ruling, then naturally No problem, just take good care of your credit from now on.
Don’t panic if your debt is overdue. Legal assistance will help you negotiate, and a professional team of lawyers will plan a repayment plan for you one-on-one.