Nowadays, many people are most happy to swipe their credit cards once a month, but once the repayment date is reached, they will sigh, because sometimes the salary has not been paid, the rent has to be paid, and other expenses are piled up, so there is no money to pay back the credit cards. What should I do? What if I still have money to pay back my credit card?

Just to remind you, it's no big deal not to return the credit card, but you will lose some handling fees, late fees and interest.

The most commonly used credit card repayment methods are as follows:

The minimum repayment amount is for those who can't pay back their credit cards in full. Once you repay the credit card according to the minimum repayment amount, you also use the "revolving credit" of the credit card, and the bank charges interest on all arrears from the billing date. The minimum repayment amount is 65438+ consumption amount and 00% of other payables. The longer the arrears, the greater the repayment pressure.

If the minimum repayment amount cannot be paid off on the due date, the unpaid part of the minimum repayment amount needs to pay a late fee. The late payment fee is usually 5% of the unpaid part of the minimum repayment amount (late payment fee = payable amount *5%* overdue days). All banks except ICBC, CCB and Minsheng Bank adopt the method of "partial repayment with full interest".

Consequences:

If the minimum repayment amount is often used, the bank will think that it is unable to repay. In the long run, personal credit will also be affected, and withdrawals, loans and credit cards will also have a great impact in the future. Because of this, the interest and risk of the minimum repayment amount are still very high, which is the last line of defense for repayment.