Shanghai Pudong Development Bank provides three-day repayment time service for credit card users, that is, in general, repayment can be postponed until the third day of the last repayment date, and repayment before 2 1: 00 on the third day is regarded as timely repayment. If it really exceeds the repayment grace period, the bank will calculate it according to the daily interest of five ten thousandths, and the overdue record will be kept in your credit data. As long as you continue to use the card and accumulate good repayment records, you can overwrite the old records with new records without worrying too much about personal credit.

At present, the overdue interest of Shanghai Pudong Development Bank is collected circularly, with a daily interest rate of five ten thousandths and compound interest on a monthly basis.

For example, Miss Liu's billing date is 5th of each month, the due repayment date is 25th of each month, and the minimum repayment amount is 65438+ 00% of the payable amount. On June 5th, the current bill printed by the bank for Miss Wang included all her trading accounts from May 5th to June 5th. Suppose Miss Wang only spent a sum of money on May 30th, with the amount of 65,438 yuan+0,000 yuan. The payable amount of Miss Wang's bill in this period is 65,438 yuan+0,000 yuan, and the minimum repayment amount is 65,438 yuan+0,000 yuan.

1. If Miss Wang only repays the minimum repayment amount 100 yuan before June 25th, the cyclic interest on the statement on July 5th = 17 .5 yuan.

2. If Miss Wang continues to pay the minimum repayment amount of 65,438+000 yuan before July 25th, the revolving interest on the statement on August 5th will be 65,438+09.4 yuan.

3. If Miss Wang continues to pay the minimum repayment amount of 100 yuan before August 25th, the cyclic interest on the statement on September 5th will be = 19.35 yuan.

4. If Miss Wang continues to pay the minimum repayment amount of 65,438+000 yuan before September 25th, the circulating interest on the statement of1October 5th will be 65,438+08.5 yuan.

I would like to remind you to remember your repayment date as much as possible, and pay back on time to avoid paying interest, wasting money and affecting credit information. In today's era of credit, credit investigation, as a credit ID card, has played a very important role, affecting our lives. Many people should have this experience. When they often apply for loans from banks or financial institutions, they will ask you to provide credit investigation reports. At the same time, many people with better qualifications have been rejected because their credit information does not meet the loan requirements, only to know the importance of credit information. Similarly, in the face of many faithless people, the state has taken many measures, such as blacklisting and being executed by the court, and there are clear restrictions on high consumption, such as restrictions on flying on high-speed trains, not staying in hotels with more than five stars, and restrictions on traveling abroad.