Accounts that have not been paid for more than four years

Overdue aging refers to accounts that have not been collected or unpaid for more than three years. In finance, it is called overdue aging. .

An overdue credit card will have the following consequences:

1. Credit card overdue and late payment fees: The so-called credit card overdue and late payment fees refer to when the cardholder fails to repay the loan before the due date (inclusive). When the repayment or the repayment amount is less than the minimum repayment amount, the fee payable to the card-issuing bank is required.

2. Overdue interest: After a user uses a credit card to overdraft, there is usually an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder repays overdue, then the cardholder will be charged All monthly expenses no longer have the bank's interest-free treatment, and the recurring daily interest rate is as high as 0.5%, that is, the annual interest rate reaches 18.

3. Bad credit record: Overdue credit card repayment records will be entered into the central bank’s credit reporting system to generate bad credit records. my country’s personal credit reporting records have been networked nationwide. As long as individual residents have handled loan business and applied for loans at banks, If you have received a credit card or provided guarantee for others, you can check your credit report at any domestic commercial bank.

4. Criminal liability for malicious overdrafts: Banks with larger overdue amounts will directly prosecute cardholders for credit card fraud and malicious overdrafts, and request the court for enforcement.