Overdue repayment for one month will lead to the following consequences: 1, credit damage. Although the arrears have been paid, the overdue has already occurred, which will still affect your credit information. 2. Overdue penalty interest. When the borrower is overdue, it will generate default interest according to the agreement signed at the time of borrowing. 3. late fees. Some loan types will also stipulate in the loan contract to collect late fees. Only occasionally, the overdue payment caused by forgetting to repay will not have much impact in the future. As long as there is no continuous overdue for more than three months within 24 months, the accumulated overdue for more than six times within 24 months will not have much impact on the individual's future. If the above two situations or even more serious overdue credit occurs, it will have a serious impact on future personal credit loans, housing loans and credit card applications.

Lenders need to pay attention to several misunderstandings:

Myth 1: Credit cards and online loans are no longer used after they are overdue, which is very wrong. If you don't pay it back all the time, credit cards and online lending platforms will have overdue repayment once a month, which means that bad credit records will be recorded once a month.

Myth 2: If you accidentally forget to repay, you think you are overdue. If you accidentally forget to repay the loan, don't admit that it is overdue. You can also use the bank's "time tolerance" service, that is, the overdue time is within the time limit stipulated by the bank, and the repayment will not be recorded in the bad credit record. When the cardholder repays the loan after the time allowed by the bank, he should immediately submit a "non-malicious overdue certificate" to the bank to apply for cancellation of the overdue record. It is also feasible, provided that the amount cannot be too large, depending on the strictness of bank requirements.

Myth 3: I think it is enough to cancel the credit card with overdue records and delete the loan APP. After the overdue repayment of the credit card, it is best not to cancel the credit card immediately after paying off the arrears, but to insist on using the card for more than two years, during which you will maintain a good credit and remedy the previous bad record to the maximum extent.