For example:
The credit card bill date is 1, and the bill owed in April is 5000 yuan. He only returned it to 300 yuan, but it was overdue. Then, after the bill comes out on May 1 day, the unpaid principal of Xiao' a, 4,500 yuan+overdue interest and penalty interest will be included in the minimum repayment amount of the credit card, and it is required to be paid off in full, otherwise it will be overdue again, and so on.
However, if there is new consumption during the period, this part of consumption can be repaid at a minimum or in installments.
Extended data:
What if the credit card cannot be paid off in full after the deadline?
If you really don't have the money to repay it yourself, I suggest you don't die. The longer the credit card is overdue, the more serious the consequences will be, and you may even be arrested and punished. It is suggested to confess to your family as soon as possible, pay off the card debt with the help of your family, or borrow money from friends and relatives to repay it, and then try to make money to repay it.
Or you can try to negotiate repayment with the bank and sign a personalized installment repayment agreement to divide the arrears into five years. But it is said that it is difficult to negotiate with the bank. It is best to spend some money to hire a lawyer, so that the lawyer can restructure the debt through legal channels and solve the overdue problem.
How to talk about the relief of overdue credit cards;
If you want to reduce the interest after the credit card is overdue, you can apply to the issuing bank to stop payment. If the application is successful, the arrears will no longer generate interest and will naturally decrease. However, it should be noted that the interest generated by the previous arrears will not be exempted, and it is better to put it on the bill together with the principal. The customer needs to pay it off on time.
And even if the customer directly applies for interest-free, the bank will probably not agree. If the customer fails to pay for a while, he can try to extend the repayment period and repay the arrears in installments while applying for suspension of interest payment. In this regard, the bank will consider it as appropriate.
As long as the customer does not intentionally repay, but does not have the repayment ability, the bank may agree, and then the customer can repay in installments according to the repayment plan newly negotiated with the bank.
Of course, it is best for customers to avoid overdue situations and develop a good habit of repaying on time. If you find that you can't pay off the bill in full, you can actually apply for bill installment before the repayment date, or pay off the minimum repayment amount of the bill first.
What if the credit card is overdue?
If the negotiation of interest reduction and exemption after the credit card expires is unsuccessful, the customer can actually do nothing. After all, banks charge penalty interest at a daily interest rate of five ten thousandths. Within the normal interest rate range, there is no violation, so it is very difficult to directly exempt interest.
However, customers can try to apply for suspension of payment. If the application is successful, although the interest generated before can not be exempted, at least the interest will not be accrued after the arrears, which can also reduce the repayment burden of customers.
Of course, it is best for customers to pay off their debts as soon as possible. The sooner they pay back, the less overdue penalty interest will naturally arise. Even if it's not clear for a while, try to pay it back. If the total overdue amount drops, the interest will be less.