Credit card bills are issued once a month, and the 17th of each month is the billing day. That is to say, one issue is from the 18th of the previous month to the 17th of this month. The bill content on the 17th is the bill content from the 18th of the previous month to the 17th. Consumption content on the 17th of this month.

The consequences of late repayment on a credit card are serious. Although the biggest feature of a credit card is its overdraft function, it actually constitutes a loan relationship between the customer and the bank. Failure to repay when due may not only cause legal disputes , you will also bear high penalty interest, and most importantly, you will form a bad credit record, which will have a negative impact on your future work and life. Extended information

Credit cards, as an emerging payment method, are also the simplest means of daily financial management for consumers. Although overdraft consumption can reduce the financial pressure of cardholders’ daily consumption, if the cardholders do not manage it properly or do not have With good financial management concepts, it is easy to become a cash slave with a mountain of bills.

When the bill pressure is too heavy, be careful when using credit cards to pay off credit cards. You can apply for installment payment from the bank or apply for deferred repayment, extension of installments, etc. to relieve the pressure. At the same time, you should also reflect on yourself in time. Whether the consumption pattern is healthy and reasonable.

Baidu Encyclopedia-Credit Card Repayment