Using credit card back-and-forth repayment for a long time will not only pay a large amount of fees and interest to the bank, but will also cause stress to oneself and affect one's credit. If the cardholder has long-term Malicious overdrafts will also be subject to legal sanctions.

In fact, credit card back-and-forth repayments are just a few credit cards repaying each other, commonly known as "using cards to support cards". It can help everyone solve the problem. The essence is to cash out credit cards. The main reason is to use very low procedures. You can cash out your credit card for free, and use the money you cash out on your credit card to pay off your credit card bills. There are two issues that need to be paid attention to in this process. One is that cashing out on a credit card is illegal, and intermediaries may leak credit card information and suffer fraud; the other is that repaying credit cards backwards can easily miss the credit card repayment deadline, leading to overdue payment.

What are the consequences if a credit card is overdue for 3 days, 30 days, or 90 days?

1. Credit

The impact of a credit card being overdue for 3 days is not very big, because first of all, many credit card holders provide a grace period for repayment, and the grace period is basically about 3 days. .

If it is overdue, your credit will not be reported after you have paid it off, and interest will not be charged; if it exceeds the repayment grace period, the impact will basically be to pay some penalty interest.

2. Credit card is overdue for 30 days

If a credit card is overdue for 30 days, the impact will be more serious. Many banks will report it to the credit report if it is overdue for 30 days. Of course, some banks are overdue. The credit report will be reported one month later. It's a big deal if you're overdue by 30 cents. And you also need to pay 30 days of penalty interest.

3. Credit

If the credit card is overdue for 90 days, the bank will definitely report it to the credit bureau, and it will have an extremely bad impact on your credit. Not only will it be pulled by the bank, If you are on the blacklist, you will also be included in the blacklist of dishonest people.

And the bank will continuously collect the money, and there will also be overdue penalty interest. The penalty interest will also be charged with compound interest for 2 months.

What should I do if my credit card is 3 days, 30 days or 90 days overdue?

1. No matter how many days overdue, the first thing to do is to pay the debt as soon as possible

2. If it is 30 days overdue, if you did not overdue on purpose, sometimes it may be because You can explain the situation to the bank and try to minimize the impact

3. Overdue records of 30 days or 90 days will be retained for at least 5 years. After paying off the debt, you need to maintain a good credit record. The record will not be eliminated after 5 years. But if you use the card well, you can have a good card usage record in 2 years