The temporary line is not regarded as overdue repayment, and the overdue repayment will be recorded in the personal credit report. Personal credit stains will have a bad influence on future credit card applications, credit card withdrawals, bank loans, etc.

the temporary line will not generate interest and liquidated damages. The interest will be calculated from the repayment date, and the daily interest will be .5 ‰. The liquidated damages may be calculated as 3% of the unpaid amount, and the interest will increase over time.

Once the temporary credit card limit is not reached, there will be a series of chain reactions. The bank will downgrade the credit card or freeze the card. If there are other bank credit cards, other banks may follow suit.

the temporary credit card limit is generally 1-2 months, and the increased credit card limit is generally 2% to 5% of the existing credit card limit. For the increased temporary limit, no matter how much it is brushed, it needs to be paid off in one lump sum before the due repayment date.

Extended information:

Overdue interest is the penalty interest caused by overdue loans, which specifically refers to the overdue penalty interest of the lender who fails to repay the loan according to the contract. Article 29 of the Supreme People's Court's Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases stipulates that if both borrowers and lenders have an agreement on overdue interest rates, such agreement shall prevail, but the annual interest rate shall not exceed 24%.

If the overdue interest rate is not agreed upon or the agreement is unclear, the people's court can handle it according to different situations:

(1) If neither the interest rate within the loan period nor the overdue interest rate is agreed upon, the people's court shall support the lender's claim that the borrower should pay the interest during the period of capital occupation at the annual interest rate of 6% from the date of overdue repayment;

(2) The people's court shall support the lender's claim that the borrower shall pay the interest during the period of capital occupation at the interest rate within the loan period from the date of overdue repayment, if the interest rate within the loan period is agreed but the overdue interest rate is not agreed.

reference source: Baidu encyclopedia-overdue repayment.