1. Pursuing profit maximization: As a commercial institution, it is a normal business behavior for banks to pursue profit maximization. Therefore, by charging overdue fees, the profits of credit cards can be increased, thus increasing the income of banks.

2. Prevention of credit risk: overdue repayment may lead to credit risk of credit cards, and banks will take certain measures to protect their own interests. Deducting overdue fees is a common means to warn overdue customers and reduce the risk of credit card default.

3. Agreed terms: When handling credit cards, banks will sign relevant contracts for the use of credit cards with customers, including repayment date, overdue interest rate and other terms. If the customer fails to repay the loan as agreed in the contract, the bank has the right to deduct the overdue fee as agreed.

To sum up, Guangfa Credit Card deducts overdue fees in order to safeguard the interests of banks and prevent credit risks. In this way, banks can remind customers to fulfill their repayment obligations, encourage customers to repay on time and maintain a good credit record.

Banks usually inform customers of the relevant repayment regulations and fees when they apply for credit cards, so customers need to repay on time to avoid overdue fees. If the customer is overdue due to special circumstances, it is recommended to contact the bank as soon as possible to explain the situation and seek a reasonable solution to reduce the loss of overdue fees.

I hope the above content can help you. For other relevant information, please consult the customer service department of Guangfa Bank in detail. # End