A late payment fee will be incurred if the payment is two months overdue: usually 5% of the overdue amount, as well as liquidated damages and interest. If the bank cannot contact me, it will affect my credit report after a certain period of time and I will be included in the list of dishonest persons subject to enforcement.

1. If the ICBC credit card is overdue due to negligence and forgetting to repay. Once it is discovered that it is overdue, repay it immediately, preferably in full. Then he called the ICBC Credit Card Center to negotiate and stated that he did not owe the money maliciously. In this case, if the loan is repaid later and the repayment status is good after the overdue period, it may not be recorded as a bad record.

2. If you have a bad credit record, you must not stop using the ICBC credit card. You must maintain a good credit record within two years to "whitewash" your personal credit record. Canceling a credit card will only put a stain on your bad credit history.

3. ICBC Credit Card: If you fail to repay the minimum repayment amount before the due repayment date (inclusive), it will be regarded as overdue, and the system will withhold the default amount in accordance with the relevant provisions of the use contract. payment and interest, and may affect personal credit. If the repayment is based on the minimum repayment amount, ICBC will charge overdraft interest on the unpaid portion (excluding service fees) at a rate of 50,000 per day from the bank accounting date to the repayment date. The overdraft interest will be compounded on a monthly basis. .

4. Industrial and Commercial Bank of China Quasi Credit Card: All overdraft transactions do not enjoy the interest-free repayment period. The overdraft period is 60 days from the bank accounting date, and the overdraft amount is subject to a daily interest rate from the overdraft accounting date. Single interest is calculated as 0.5%. If it is not returned for more than 60 days, it will be deemed as overdue.

2021 New Regulations on Credit Card Interest Suspension and Debt Settlement

1. Installment Time and Installment Conditions

In 2021, most credit card interest suspension installment times have changed. It became issues 6 to 60. Among them, the interest reduction amount of Shanghai Pudong Development Bank is larger than before. If the cardholder has a universal fund, it is very likely that the interest will be waived directly.

If the cardholder wants to apply for an interest-rate suspension at CITIC Bank, a down payment of 5%-10% is required, but some do not require it. Bank of Communications now supports small loans, which can be paid in installments, and only require a few hundred yuan per month. Agricultural Bank of China stipulates that cardholders must have their credit cards overdue for more than 4 months before they can apply for an interest suspension.

2. Preparation before installment

According to the new regulations, if the cardholder has bad language, lies, disappears, etc. during the period of application for suspension of interest payment, the bank has the right to directly reject it. And the cardholder needs to take the initiative to contact the bank and explain his current financial situation to the bank. It is best to hold a legally valid certificate of financial difficulty.

And the cardholder must ensure that he has sufficient repayment ability in the future repayment date. The bank agrees to negotiate on the premise that the bank determines that it can recover the arrears in this way. It is best for cardholders to provide corresponding work certificates or salary certificates to prove that they have a stable job and source of income.