1. Overdue credit cards 17 times will have the following impacts on Ping An Bank customers:
2. Detailed description:
a. Damage to credit record: number of overdues The more, the greater the negative impact on your credit history. This can result in a lower credit rating and difficulty in obtaining other loans and credit products.
b. High penalty interest and late payment fees: Penalty interest and late payment fees will be incurred every time you are overdue, which may accumulate to huge fees. In addition, the more overdue payments there are, the more penalties and late fees will increase.
c. Being included in the credit blacklist: If the overdue situation is serious, Ping An Bank may blacklist the customer in the credit system. This will impact customers' ability to obtain loans and credit cards at other financial institutions for a period of time.
3. Summary: Being overdue 17 times will have a serious impact on the customer's credit record, financial status and credit application, leading to consequences such as a decline in credit rating, high fees and being included in the credit blacklist.
4.
Extended information: Overdue repayment will have a long-term negative impact on credit history. It is not limited to Ping An Bank, but other banks and financial institutions will also be affected by overdue behavior. To avoid overdue payments, customers should ensure timely repayment or negotiate with the bank to develop a reasonable repayment plan. If it is overdue, customers should repay the balance as soon as possible and contact Ping An Bank to reduce the impact of adverse consequences.