1. How to repay the overdue credit card?

1. Installment repayment

If the credit card is overdue, we can choose to pay it in installments Repayment. In other words, if the overdue amount on your credit card is relatively large, it is recommended that you choose to repay it in installments. Basically, most banks provide installment repayment, with the longest 24 months and the shortest 3 months you can choose according to your own financial situation. Note that installment repayment will incur handling fees.

2. Negotiate repayment

For overdue credit cards with financial difficulties, if the overdue is not malicious and the financial situation is not good, it is recommended that you provide proof of non-malicious overdue and current income certificate to the bank Apply for negotiated repayment, and after verification, the bank will develop a personalized repayment plan, and we only need to repay according to the plan.

3. Pay off the debt in one go

For those who have the ability, it is definitely best to pay off the debt in one go. It is worth noting that we should also pay off the penalty interest and liquidated damages together. If this part of the fee is too high, we can also try to get a reduction from the bank.

2. Will there be any impact if the credit card is overdue for one day?

1. Time service is available

If the credit card is overdue for one day, if the bank provides time service, there will be no impact. . Generally speaking, banks provide time services, that is, a repayment grace period. The repayment grace period of most banks is within 1-3 days. Paying off the debt during this period is considered normal repayment.

2. No time service

If the credit card you hold does not have time service and does not repay after the repayment period, it will be deemed as overdue, and the bank will record the overdue record for a period of time. uploaded to the credit investigation system after a certain amount of time. In fact, during this period, we still have a chance to save it, as long as we prove that we are not maliciously overdue.

3. How long is the credit card overdue?

Each bank has different regulations on the time for credit card overdue credit investigation. Generally speaking, the credit investigation will be conducted in about 3 days. Because most banks currently offer a repayment grace period, we will not repay the outstanding balance during this period.

However, some banks do not have such services. As long as the cardholder fails to repay the balance beyond the repayment date, the bank will determine it to be overdue, and then upload the overdue record to the central bank's credit investigation system. Therefore, we must develop good repayment habits using credit cards.

If there are any unclear or new situations, we recommend that you call us directly for free consultation so that you can understand the communication case situation and provide you with detailed and targeted answers to avoid problems due to incomplete information and poor communication. , the answer is wrong. I wish you success in safeguarding your rights.