Usually three times overdue will produce a bad credit record. If there is no bad credit record, the loan has no effect. If you have a bad credit record, you can't get a loan.

The consequences of overdue credit cards are:

I. Bank Credit Card Banking Center will charge late fees and interest:

1. The late payment fee is calculated as 5% of the unpaid part of the minimum repayment amount, and the minimum repayment amount is RMB 10 yuan or USD 1 yuan.

2. At the same time, the bank will charge five ten thousandths of daily interest for the whole bill.

Second, the impact of credit:

1. If it is overdue within one month, it will be deemed as overdue once. As long as it is overdue, even once, it is more difficult to increase the quota;

2. If it is overdue for 3 consecutive times or accumulated for 6 times, there will be a bad credit record, and it will be difficult to borrow money and apply for a credit card in the future;

3. After a certain amount and time, the bank will freeze the credit card.

Extended data:

The bank has a repayment grace period of about 3 days for credit card users, and the repayment is not overdue within the grace period.

Of course, if the credit card is overdue for three consecutive times, accumulated for six times or fails to repay for a long time, it will leave a bad record in the credit report.

Personal bad credit records will be kept for 5 years. After five years, the new credit record will gradually replace the original negative record. However, whether it is mortgage, car loan, or traveling by plane or high-speed rail, the relevant units do check the personal credit report when approving. If the party's credit is found to be "stained", it may be rejected. ?

Baidu Encyclopedia-Measures for the Supervision and Administration of Credit Card Business of Commercial Banks

People's Daily Online-Credit card overdue repayment for one day will not be included in the "blacklist" of banks.