Generally speaking, a credit card will be overdue for one month. Because most credit cards only have a 3-day grace period, if you have not paid off your debt within the grace period, it is overdue and an overdue record will be generated. At the same time, the bank will upload your overdue records to the central bank's credit reporting system. Generally, overdue records will be kept for 5 years (from the date you pay off the debt).

But if you are one month overdue due to special circumstances, you may consider negotiating with the bank and requesting the bank to issue you a non-malicious overdue certificate to avoid affecting your credit report.

If credit card overdue interest is calculated overdue, consumers will have to pay a financial price. Specifically, overdue repayment will cause the following economic costs:

1. Liquidated damages: According to the "Notice of the People's Bank of China on Matters Related to Credit Card Business" that took effect on January 1, 2017, card issuers You can agree with the cardholder whether to charge liquidated damages, as well as the relevant collection methods and standards. Once the cardholder fails to repay, the card issuer has the right to charge liquidated damages as agreed.

2. Overdue interest: Overdue interest is calculated strictly, and the starting time is traced back to the date when the consumption is recorded. Generally, the recurring interest is calculated at a daily interest rate of 0.5%, which is very uneconomical. For example, the 1st of each month is the accounting day, and the 20th is the repayment day. If you spend 5,000 yuan on the 1st of the month, interest will be calculated from the 2nd of the month, and the daily overdue interest will be 5,000 * 0.0005. If you repay 4,000 yuan on the 19th of the month, the interest will be calculated based on 1,000 yuan from the 19th until the repayment date; if it is repaid on the 5th of the next month, the interest will be 5,000 * 0.0005 * 18+1000 * 0.0005 * 16 = 45+8 = 53 yuan.

3. Penalty interest: It is understood that banks adopt the full penalty interest rule as the mainstream, and the interest calculated in segments is very small. What is full penalty interest? For overdue customers, penalty interest will be calculated on the statement amount on a daily basis from the accounting date to the repayment date, and then compound interest will be calculated on a monthly basis (the interest is added to the principal and continues to be calculated). The standard penalty interest rate is generally calculated based on the original loan interest rate by 30%-50%. According to the regulations of the China Banking Regulatory Commission, full penalty interest is not illegal.