If the repayment exceeds the grace period or the repayment amount is lower than the minimum repayment amount stipulated by the bank, it will be regarded as overdue and overdue penalty interest will be paid. The daily interest is calculated at 0.05%, and the interest is calculated from the entry date. In addition, the late payment fee is charged at 5% of the outstanding minimum repayment amount, calculated on a monthly basis. Moreover, overdue repayment will also affect your personal credit card record, which will have an impact on your future car loan, mortgage and card application. It is recommended to repay as soon as possible.

If it is really impossible to repay the amount on the bill, you can apply to the bank for installment, that is, you can repay the amount on the bill in installments, which may alleviate some economic pressure. Never ignore bank dunning. The effect of negotiation and communication is better than toughness.