If a credit card is four days overdue, a credit report will be issued.

Generally speaking, if a credit card is four days overdue, a credit report will be filed.

All major banks will provide credit card holders with a 3-day grace period for repayment. If the cardholder repays within three days of the due payment date, it is still considered as on-time repayment.

If it exceeds the limit and the payment is made on the fourth day after the repayment date, it will be regarded as overdue repayment.

The bank will report the cardholder’s overdue record to the central bank’s credit reporting system, resulting in a bad credit record.

At the same time, the bank will also charge overdue interest based on the daily interest rate of 0.5%, and compound interest will be calculated on a monthly basis until it is paid off.