If the customer has paid it back, the credit card still shows that there is a debt, which may be because the payment has just been made and the money has not arrived yet. If the money arrives, it may be that the banking system has not settled yet, so the debt situation has not changed.
When the money arrives and the banking system completes the settlement, there will be no debt on the credit card. Sometimes the data will be delayed and the status can't be seen immediately. The customer can wait until the next day of repayment to inquire, and the information should have been updated by this time.
The repayment date of a credit card refers to the last time that all loans or the minimum repayment amount must be repaid according to the regulations of the issuing bank. The due repayment date is calculated from the bill application date plus the interest-free period.
Different banks have different interest-free periods. The shortest is from the billing date to the final repayment date, and the longest is from the day after the billing date to the final repayment date next month. So the shortest is 20 days and the longest is 50 days. In the meantime, you must pay the current bill in full.
Credit cards are useless. How can you owe money?
Credit card is useless, owing money, which may be caused by annual fee. Credit cards will charge an annual fee, but the annual fee of most credit cards can be reduced by the number of swipes. If the credit card is not used and the card is not swiped at this time, the bank will charge an annual fee for this credit card, which will be reflected in the bill.
The annual fee generated by the credit card also needs to be returned in time. If it is not returned within the specified time, there will be penalty interest, and overdue records will affect personal credit report. If the credit report goes bad, it will affect the cardholder's subsequent handling of various loans. If not, it will always be in the credit report.
Generally unused credit card users should cancel in time, pay off all debts before cancellation and ensure that there will be no annual fee. Cardholders can directly call the bank's customer service hotline. However, after the application is submitted, the credit card cannot be used. If you use a credit card, the cancellation will fail.
Credit card cancellation is divided into card cancellation and account cancellation. Card cancellation only cancels the credit card itself and does not delete personal information. When the account is closed, all the information of the user will be deleted in the banking system. When you apply for the bank's credit card again after canceling the card, you don't need to submit any information to the bank, but you must submit the information again.
How to owe money if you don't borrow a credit card (debit card)?
The credit card (debit card) did not borrow money, but owed money, which may be due to the annual fee generated by the credit card (debit card). Some credit cards (debit cards) are free of annual fees for life, and they don't borrow money or owe money. Some credit cards (debit cards) need to be swiped to reduce the annual fee. If the user does not borrow money, it means that he has never used a credit card (debit card), and the bank will automatically charge an annual fee at a specified time.
For credit cards (debit cards) that need to charge an annual fee for credit card (debit card) consumption reduction and exemption, users must pay attention to meeting the conditions for annual fee reduction and exemption, otherwise, the card will be in arrears when it is not used.
So much for the introduction of why credit cards are in arrears.