how long will the credit card be overdue?

generally, you don't go to the credit investigation list after the deadline, because you don't necessarily go to the credit investigation list after the deadline. Usually, it is necessary to go through litigation procedures, make a judgment to confirm the relationship between creditor's rights and debts, and then enter the execution procedure. If the other party meets the statutory requirements, the applicant can apply to include it in the credit list.

Legal basis

Article 4 of the Regulations on the Administration of Credit Information Industry

The People's Bank of China (hereinafter referred to as the supervision and administration department of credit information industry in the State Council) and its dispatched offices shall supervise and administer the credit information industry according to law. The local people's governments at or above the county level and the relevant departments of the State Council should promote the construction of social credit system in their own regions and industries, cultivate the credit information market and promote the development of the credit information industry.

Do you collect credit information on the credit card?

Do you collect credit information at the credit card meeting?

There is no doubt that credit cards are used for collecting credit information. After all, they are related to banks, and any products produced by banks must be included in the credit information.

When your credit card is overdue, the consequences are not much better than those in loans overdue. The first thing to do when it is overdue is to go to the central bank's credit information system. Don't underestimate this system, but you can find your credit record if you access the credit platform.

it seems that you just overdue a credit card, but in fact your personal credit is damaged. Especially when you are overdue for a long time and are blackmailed by this bank, it is equivalent to being blacklisted by major banks. No matter which credit card you want to apply for, or apply for a loan, people will know that you are a black account when they check.

although it's serious, it's easy to save as long as you don't overdue for a long time. When you are overdue, the bank's collection staff will send you a text message or call you. Of course, what everyone cares about most is not the process, but the serious consequences.

The Regulation on the Administration of Credit Information Industry is formulated to standardize credit information activities, protect the legitimate rights and interests of parties, guide and promote the healthy development of credit information industry and promote the construction of social credit system. It was promulgated by the People's Republic of China and the State Council on January 21, 213, and came into force on March 15, 213.

will the credit card be credited if it is overdue? There are three situations here!

overdue credit cards are very common, especially for friends with multiple credit cards. However, although they are not maliciously overdue, as long as they are overdue, they will have various consequences, such as credit reporting, penalty interest and liquidated damages. So some people will ask, will the credit card be credited when it is overdue?

this needs to be discussed in different situations, which can be generally divided into three situations.

1. There is no repayment on the last repayment date, but the overdue time is within the grace period.

In fact, this situation is not really overdue, and it will not be reported to the credit bureau. After all, most banks can provide time tolerance service, in which time tolerance is what we often call the grace period for repayment, which is usually three days at most, that is, within three days after the final repayment date. As long as the arrears are paid off, it is not overdue, and naturally it will not be reported.

2. The overdue time exceeds the grace period, but the bank has not reported it to the central bank.

This is really overdue. However, if the bank reports the overdue behavior of the cardholder to the central bank for credit investigation after the overdue period, it will do so. Otherwise, it will not affect the credit investigation. It should be noted that the reporting time of each bank is different, some are monthly bills, and some are reported on T1. It is best to consult the customer service of the issuing bank after repayment.

3. The overdue time exceeds the grace period, and the bank has reported to the central bank for credit investigation.

this kind of situation will be reported to the credit bureau, and the second point of the principle has been mentioned, so I won't go into details here.

Here's an example to explain in detail:

Suppose your credit card billing date is February 23rd, and the repayment date is March 1th. The bank provides a three-day grace period, and the monthly bill is submitted to the central bank for credit investigation. Then:

You forgot to pay back the money before October 1th. If you pay back the money before the 13th, there will be no interest and no credit investigation.

if you pay off before March 23rd (the next billing date), you will not receive the credit report, but you will incur penalty interest and liquidated damages.

if you repay the loan after March 23rd, you will have to go to the credit information system, and there will be penalty interest and liquidated damages.

how long will the credit card be overdue? It depends on two factors

We all know that after credit card overdraft consumption, it is necessary to repay on time within the specified time, otherwise it will affect the credit investigation beyond the time limit. However, if the overdue time is not long, there is still hope to save the credit information immediately after repayment. Let's take a look at what to do.

how long will the credit card be overdue?

It depends on whether the issuing bank provides time tolerance service.

ICBC has no grace period, so it is overdue if it fails to repay on the last repayment date;

Agricultural Bank, China Construction Bank, Bank of Communications, China Merchants Bank, China CITIC Bank, Minsheng Bank and China Everbright Bank all have a tolerance period, which is generally 2-3 days, which means that the repayment is delayed for 3 days from the last repayment date, and the repayment within this period is counted as timely repayment, and it will not be overdue, and naturally it will not be reported.

however, even if it is overdue, it may not be necessary to report the credit information, mainly depending on whether the bank reports the cardholder's overdue records to the central bank's credit information system. Therefore, the best way is to repay the loan immediately after it is overdue, and then contact the bank to ask if it has been reported. If it has not been reported, it will not be reported.

However, it should be reminded that it is not a good thing that credit cards are overdue, regardless of whether or not they are collected at the meeting. It will not only charge penalty interest and liquidated damages, but also affect personal credit records. The longer they are overdue, the greater the interest will snowball. Therefore, it is better for everyone to repay on time.

if you are afraid of forgetting to be too busy and forget to repay, you may wish to activate the automatic repayment function of credit card, bind a debit card, and then deposit enough money into the card every month, so that the system will deduct the corresponding repayment amount from the debit card on the last repayment day, so that you don't have to worry about the credit being affected by overdue.

do you use a credit card to collect personal information at the meeting?

personal credit information at the credit card meeting.

Credit cards are products of banks, and banks have been connected to the central bank's credit information system. Therefore, if the credit card is overdue, it will be collected at the meeting. Therefore, credit card users need to maintain their personal credit during use.

in our daily life, if the credit card users are overdue. The bank will upload the overdue records of users to the central bank's credit information system. It will have a great impact on the user's future loan approval and credit card processing. If the situation is serious, everything related to the bank's credit business may be rejected by the bank.

therefore, users must pay back the arrears in their credit cards before the repayment date. In general, most banks will have time tolerance service. The tolerance service is about 3 days, and the tolerance service is about 1 yuan.

however, users must use it with caution. Once there is a problem, it may be treated as overdue by the bank. Moreover, individual banks do not support time tolerance services, or the amount of time is slightly different, so it is necessary to know in detail.

The new version of the credit report of the central bank's personal credit information system has been put into operation, and the "validity period" of overdue records is officially set at five years. The new credit report sets the starting point of overdue information in October 29, and the previous bad repayment record has been deleted.

because the relevant departments have not clearly defined the limitation of negative records, in the old personal credit report, overdue records will be displayed no matter how many years ago. The new credit report only shows the overdue records of consumers in the last five years.

In the past, some citizens complained that they couldn't read personal credit reports, because they were all tables and numerical codes, and what each number meant had to be understood by referring to the notes.

The new version of the report has changed the form-based presentation mode, and used more words to describe it. At a glance, the public can know which cards have been overdue and which repayments are all normal. At the same time, the new version of the report also reserved an exhibition area for information such as asset disposal and guarantor compensation.

In the early days of the establishment of China's credit system, many people did not pay enough attention to personal credit, which led to credit card or loans overdue behavior. Because banks and work units will refer to these credit records, the long-term negative information has a serious impact on their lives and work.

The launch of the new version of the central bank's credit report is equivalent to giving individual consumers who have been overdue and paid off their debts a chance to mend their ways and re-establish and accumulate their personal credit records. It is reported that if there is negative information on the personal credit report, residents are likely to be affected when applying for credit cards and mortgages.

let's stop here for the introduction of credit card credit reporting.