1. If the credit card fails to repay on time, there will be a penalty, which is generally the minimum repayment amount, 5% of the unpaid part.

2. If the credit card fails to repay on time, it will generate high interest, and it is rolling interest. In the case of more debts, interest will be high.

3. Overdue will tarnish the credit record, resulting in the inability to handle financial needs such as buying a house and lending in the next two years.

4. The overdue payment is more than 3 months, and the amount exceeds 1 000 yuan, and the bank has repeatedly failed to make dunning. At that time, you will not only pay back the money, but also bear criminal responsibility.

Extended data:

Credit card overdue payment method:

1. Within the issuing bank: including the issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. The credit card limit will be restored immediately after repayment, and the money will generally be recorded after being processed by the system on the same day.

2. Micro-silver POS mobile phone: Micro-silver POS mobile phone is a personal payment terminal of mobile financial system, which can be used for direct repayment and transfer of credit cards. Arrive at the account immediately

3. Transfer and remittance repayment: mainly divided into two ways: inter-bank in the same city and inter-bank in different places. Whether it is transfer or remittance, the remittance bank will charge a certain fee, and the payment time and repayment convenience are not as good as those of peers, online repayment and convenience stores.

4. Online repayment: Common online platforms in China include UnionPay Online, Kuaiqian, Shengfutong, Alipay and Tenpay. Choose different platforms and banks, and the charging standards and specific arrival time are different.

5. Convenience store repayment: This method mainly completes the repayment through the "Lacarra" smart payment terminal installed in the convenience store. Generally, it will arrive in 2~3 working days, and there is no handling fee for repayment in this way.

6. Counter repayment: Counter refers to the current RMB deposit and withdrawal transactions of bank cards issued by various networked financial institutions through counters of other bank outlets registered in the mainframe system of UnionPay Trading Center.

7. Xinfutong Payment: The "Xinfutong" smart credit card phone is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center and supported by the financial services provided by China UnionPay's inter-bank information exchange network.

8. Repayment Pass: If you use the "Repayment Pass" to repay, you will generally be charged according to the charging standards for inter-bank transfer in the same city and inter-bank remittance in different places stipulated by the local people's bank.

Baidu encyclopedia-credit card

Baidu encyclopedia-overdue