1. How does CMB e-installment overdue occur? 1. No repayment on the due repayment date: Whether it is CMB e-installment or CMB ordinary credit card installment, it must be paid according to the bill on the last repayment date. If you don't repay even a dime, it will naturally be overdue. 2. Failure to repay in full according to the e-installment account: The e-installment account issues separate bills every month. Unlike ordinary credit card installment repayments, the e-installment account has no minimum repayment amount and must be repaid in full. Once you If the repayment amount is lower than the amount in the bill, it will also cause overdue payment. 3. Failure to repay the e-installment account: Some friends think that since e-installment is the installment business of China Merchants Bank's credit card, you only need to pay the money back to the credit card account. This is wrong. You must know that the e-installment account is independent and must be repaid separately. If you only repay the credit card account, it will also be overdue.
2. What are the consequences of overdue CMB e-installment? Overdue CMB e-installment means that your CMB credit card is overdue. Generally, overdue credit cards will have the following consequences: 1. Bad credit. When your credit card is overdue, China Merchants Bank staff will report your overdue information to the central bank's credit reporting system, which will produce a bad credit record. In addition to affecting the cardholder's future credit business with the bank, it will also affect the cardholder's daily life. , in a credit society, dishonest people may find it difficult to move forward in the future. 2. Overdue interest and liquidated damages need to be paid. If the CMB e-installment is not repaid in full on time, interest will be calculated based on the daily interest rate for the corresponding period approved by the bank from the bank's accounting date until the settlement date, and compound interest will be charged on a monthly basis, and the unpaid portion will also be charged 0.5 liquidated damages, with a minimum of RMB 10.
3. How to avoid overdue for CMB e-installment 1. Remember the repayment date: The repayment date for CMB e-installment and the credit card repayment date are the same day. Generally, the WeChat official account or text message will be displayed after the bill comes out. According to the reminder, you should remember the repayment date in the reminder and repay before the end of this day. However, China Merchants Bank credit card has a 3-day interest-free period, and repayment must be made within 3 days of the final payment date at the latest. 2. Full repayment: If you successfully apply for e-installment, the bank will open an independent e-installment account. You can check the e-installment account in this account and make repayment according to the e-installment account bill amount before the due repayment date. And it needs to be repaid to a separate e-installment account, not just the credit card account.
IV. What to do if China Merchants Bank e-instalment is overdue 1. Repay as soon as possible after discovering that it is overdue, preferably in full. If you forget to repay due to negligence, and it has been overdue for more than 3 days. The first priority is to repay the loan, preferably in full. At the same time, take the initiative to contact the bank and call the China Merchants Bank credit card service hotline at 400-820-5555 to state that you do not owe money maliciously. If your previous credit record is good and your attitude is sincere, the staff may not report your overdue information to the central bank. 2. If bad records occur, do not cancel the card. Overdue installment means that the credit card will be stained. If you repay it immediately after it is overdue, do not think that everything will be fine if you cancel the card and there will be no more stains. This is very unwise. practice. Because your bad credit record will remain for a long time after canceling the card, you must keep using the card for more than 2 years, and do not have any overdue cards in the middle, and then use a good credit record to cover the bad record. This is the introduction to "What to do if China Merchants Bank's e-instalment is overdue", and I hope it will attract your attention. If you are afraid of forgetting to repay or repay the wrong account, you can set up an "e-instalment" account for automatic repayment through mobile life, mobile banking and online banking, bind the China Merchants Bank "All-in-One Card" under your name, and ensure that the repayment is before the due date The "all-in-one card" contains sufficient amount for deduction.