There is no grace period for the credit products of China Post Consumer Finance. Users must repay on time after using them, otherwise there will be penalty interest. Moreover, overdue records will be uploaded to the credit information center, and bad personal credit information will have many effects, such as being rejected by banks when handling mortgage or car loan.
in order to avoid overdue after borrowing from China post's consumer finance, users should measure their repayment ability in advance before borrowing, and can borrow only when their personal income is high. And when borrowing, you must borrow on demand. After all, excessive borrowing requires more interest.
when borrowing money from China Post's consumer finance, you need to be over 18 years old, have a valid personal identity certificate, have a good personal credit, have a fixed income and a stable job, and finally have other conditions stipulated by China Post's consumer finance, such as the legitimate use of the loan.
The full name of China Post Consumer Finance is China Post Consumer Finance Co., Ltd., which was established in November 215. It has set up provincial marketing centers in 16 provinces (cities) across the country, which was approved by the Insurance Regulatory Commission of the Bank of China. The business scope of the company includes accepting deposits from domestic subsidiaries of shareholders and domestic shareholders (limited to consumer finance companies).
it's better not to be overdue. One day overdue repayment of China Post wallet
The impact of one day overdue repayment of China Post wallet is not great. Because banks will provide customers with time tolerance services. The time limit of China Postal Savings Bank's time service is 3 days. In other words, paying off the arrears in time within 3 days will not be counted as overdue repayment. It will not be recorded in personal credit records.
tolerance can be divided into bank credit card tolerance service and time tolerance service.
(1) Tolerance service refers to insufficient repayment when the cardholder repays in the current period. And when the unpaid amount in the account is less than or equal to a certain amount (at least equivalent to RMB 1 yuan) after the due repayment date, the bank will regard the cardholder's repayment as full repayment. The unpaid amount will be automatically transferred to the next bill.
(2) Time-sensitive service means that the bank will provide cardholders with grace period service for repayment within a certain period. The grace period for repayment is at least 3 days from the due repayment date. As long as the cardholder pays off the arrears within the grace period for repayment, the bank shall regard the cardholder as paying back on time.
if the debtor cannot pay off the debt in a short time for some reason. The borrower should be informed that it cannot repay in full and apply for deferred repayment. After that, both parties * * * discuss with each other the liquidated damages that need to be paid for the extension. Generally, the liquidated damages are calculated according to the daily interest rate or a fixed amount is charged. This can avoid unnecessary disputes and prevent bad records from appearing on personal credit reports. The repayment date of the credit card of the Postal Bank can be delayed by several days
The China Bank Card Self-discipline Convention stipulates that banks should provide time tolerance service for cardholders, and the grace period for repayment should not be less than 3 days.
The credit card grace period of Postal Savings Bank is four days, and its repayment grace period ends at 5: pm on the fourth day after the due repayment date. As long as you pay the minimum repayment amount or pay off the debt in full before then, it will not be counted as overdue.
If the minimum repayment amount is not paid off in full before this date, it will have a bad influence on your credit record, which will hinder you from handling credit card, loan and other businesses in the future. If the overdue period is serious, the bank may freeze your credit card and ask you to pay off all the arrears in one lump sum.
Consequences of overdue credit card of Postal Savings Bank: Once overdue, it will not only have to pay late fees and overdue interest, but also affect personal credit, and the bank will also report the credit information. At that time, the overdue record will be kept in the credit information report for five years, which will also have a certain impact on the subsequent card handling and loan. If the overdue period is serious, the bank may also freeze your credit card and ask you to pay off all the arrears in one lump sum. What should I do if China Post's consumption in loans overdue can't be repaid for the time being?
If China Post's consumption is overdue for the time being, you can call the bank customer service to explain the situation in time or apply for installment repayment. When the repayment period comes, China Post Consumer Loan will generally give the borrower a three-day grace period for repayment. If the borrower repays on time within the grace period, it will be considered as timely repayment, but the borrower needs to pay off the debt before 8: pm on the third day of the grace period. That's what China Post can't do about loans overdue's consumption for the time being.
the influence of overdue consumption of China Post
1. If the loan is due and fails to repay the arrears for more than one month, there will be corresponding penalty interest, and at the same time, there will be a short message reminder notice;
2. If the amount owed has not been repaid in time after more than 3 months, China Post Finance will send personnel to collect it;
3. If the amount owed is not returned after more than 6 months, and the attitude is not positive, Zhaolian Finance will bring a lawsuit to the court, and then a court summons will be sent home;
4. If the obligation to repay the arrears has not been fulfilled, the court will freeze the relevant assets of the borrower according to law on the day of the court session, regardless of whether the borrower appears in court or not.