According to the credit card repayment regulations, credit card holders must pay off their debts before the final repayment date of the credit card, otherwise they will be overdue.
most banks have introduced time-sensitive credit card repayment service, so as long as the cardholder pays the minimum repayment amount before : pm on the third day after the due repayment date, it is not overdue. In other words, as long as the credit card is overdue within 3 days after the repayment date, it is safe. If the credit card is overdue for more than 3 days, it is necessary to report the credit, which will affect the personal credit record.
2, credit card repayment tolerance: small overdue credit
In addition to repayment on the credit card repayment date, the cardholder must also pay off the arrears, otherwise overdue records will also occur.
At present, many banks have established repayment tolerance, which means that the amount repaid by the cardholder is less than the total amount due, which can be regarded as full repayment, and the remaining small amount can be counted as the next repayment date. Moreover, it is not considered that the credit card is overdue and will not be credited.
3. Credit card overdue records are uploaded regularly.
The bank will submit the statistics of credit card usage and repayment records to the People's Bank of China, and overdue records will be generated after reporting credit records.
according to the regulations, the frequency of submitting credit card records of the credit card issuing bank is once a month. therefore, if the credit card is overdue and exceeds the buffer time of 3 days, you should call the bank in time and try to resolve it through consultation before the bank submits personal credit records.
to sum up, the overdue credit card of Minsheng Bank will produce bad records. However, due to the poor repayment time and tolerance, the overdue records may be generated a few days later.