Ping An Bank’s credit cards will generally not be blocked if they are overdue for 18 days. After the expiration date, credit card spending will generally be restricted. The credit card will be suspended when it is about 90 days overdue. And when repaying overdue, be sure to contact the platform customer service to inquire about the amount and pay it off in one go. Otherwise, recurring interest will accrue.

How long will it take to be sued if the repayment is overdue?

If a bank loan is overdue for 90 days, the bank can sue. Regardless of the amount, the bank can go to court to sue for collection. If the bank still refuses to perform after the court's judgment, the bank can apply to the court for compulsory execution. If a small loan is overdue, you may face litigation after more than six months, and small loan institutions prefer to collect the debt, so the collection methods will be more terrifying.

What should I do if my loan is overdue?

First of all, you must pay off the debt and maintain good credit habits. If you have a bad credit report, you still need to pay penalty interest. Credit card users should not cancel their cards immediately. They need to continue to maintain good consumption habits. The bad records will be automatically eliminated after 5 years. Generally speaking, except for home loans, most loans only refer to credit records within two years. If the loan is overdue for reasons other than its own, the lender should proactively contact the lending institution, explain its actual situation, and issue a "non-malicious overdue certificate" to avoid credit losses.

Legal basis:

According to Article 675 of the Civil Code, the borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; the lender may urge the borrower to return it within a reasonable period of time.

Article 676 stipulates that if the borrower fails to repay the loan within the agreed time limit, he shall pay overdue interest in accordance with the agreement or relevant national regulations.

Article 675 stipulates that the borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; the lender may urge the borrower to return it within a reasonable period of time.