Many netizens are familiar with the mention of credit cards, because many netizens now basically apply for one or two credit cards, but do netizens know whether credit card installment payments are still considered overdue? For netizens who don’t know, let’s take a look below.

1. Credit card installment payments are not considered overdue.

2. When a cardholder uses a credit card to make large purchases, the card-issuing bank will pay the merchant a one-time payment for the goods purchased by the cardholder, and will distribute the consumption funds in installments based on the cardholder's application. The cardholder's credit card account is debited, and the cardholder repays according to the monthly credit amount.

3. In the past, credit card installments mainly included bill installments and single consumption installments. Banks usually charged corresponding handling fees based on the number of installments. Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated.

The above is all about whether credit card installment payments are considered overdue. Do netizens understand?