Repaying a loan from China Everbright Bank one day late will not affect your credit score. Credit card grace periods are generally 2 to 3 days.

According to bank regulations, once the cardholder fails to repay the corresponding amount after the final repayment period, the cardholder needs to pay corresponding interest and late fees, and may be entered into a bad credit record by the bank.

Extended information:

Failure to repay when due may not only cause legal disputes, but also bear high penalties and interest. The most important thing is that it will form a bad credit record, which will affect the future. adversely affect your work life.

Consequence 1 of overdue credit card repayment:

Bearing high penalty interest After a credit card defaults, the penalty interest fees usually involved are recurring interest fees and late payment fees. Revolving credit is essentially a small, unsecured loan that accrues interest on a daily basis. If the full amount is not repaid on the final payment date, revolving credit interest will accrue on the next statement, and the interest will be charged from the date the consumption is recorded. Calculate interest.

Consequence 2 of overdue credit card repayment:

Legal disputes. Violent credit card collection has become a hot topic. Many bank credit card centers outsource credit card repayment collection to some so-called "debt collection companies." , these companies are mixed, and their debt collection methods are relatively rough, causing great trouble to customers.

Not only that, defaulting customers may also face legal disputes. According to the provisions of the "Criminal Law", for malicious overdrafts of more than 5,000 yuan on a credit card, and the bank has not paid back after three months of collection, if the circumstances are serious, criminal liability may also be pursued for fraud.

Three consequences of overdue credit card repayments:

Leaving "credit stains" in the national credit system. In 2006, the central bank established a national unified basic database of corporate and personal credit information.

As long as you apply for a card or get a loan at a bank, your own "credit report" will be automatically generated in the system. The "stains" in this report cannot be ignored, and it will affect When applying for various types of loans, insurance, job hunting, studying abroad, etc., bad records are generally retained abroad for 7 years.

Reference data source: Baidu Encyclopedia-Credit Card Repayment