1. What to do if your credit card is overdue?

After your credit card is overdue, you must pay off the balance in full as soon as possible and contact the bank to explain " "Non-malicious debt", if the bank has not reported the overdue record to the central bank's credit reporting system, it is generally fine; if the overdue record has been uploaded, then the cardholder can do the following two things:

1. Find The bank issues a "non-malicious overdue" certificate;

2. Continue to use the card to maintain good credit. Generally, it takes 2 years of continuous card use to cover the previous bad overdue records, and 5 years of card use to completely eliminate the overdue records.

2. What are the consequences of overdue credit cards?

1. Consumption payments no longer enjoy the interest-free repayment treatment.

The card-issuing bank will calculate interest on a daily basis based on the consumption amount as the principal from the day when the consumption occurs. The daily interest rate is 0.05% and compound interest is calculated on a monthly basis; for the unpaid portion of the minimum repayment amount, the interest will be calculated on a daily basis. A late payment fee of 5 will be charged monthly.

2. Receive a reminder call and letter from the card-issuing bank.

Due to ignorance and blind arrogance, some people not only refuse to repay the loan, but also "run away" by changing their address, mobile phone and other contact information so that the bank cannot contact them, thinking that the bank can't do anything to them. . In fact, this approach is very wrong and absolutely undesirable. When applying for a credit card, the cardholder's real-name information has been recorded by the bank. Once the cardholder "runs away", the bank will determine that there is malicious overdraft and arrears and will call the police.

3. Affect personal credit record.

If a credit card account is frozen by the card-issuing bank, the debt record may be fed back to the People's Bank of China's personal credit system, affecting the cardholder's personal credit record and causing the cardholder to be unable to apply for a housing mortgage loan.

3. Will the credit card negotiation of suspension of interest and pending installments affect the credit report?

1. If the credit card is malicious and the loan is overdue, it may affect the credit report; if it is not malicious, it may not It will affect your credit score.

2. You can state that you do not owe money maliciously and apply for delayed repayment and interest discounts. In view of the cardholder's active performance and previous good credit record, the bank will often agree to defer the repayment and work with the cardholder to agree on a mutually acceptable repayment plan, delay period, interest discount, monthly repayment amount, etc. In this way, if you proactively contact the bank and get the bank's consent to defer the repayment, you will not be recorded as a bad record, but it should be noted that you will be guaranteed to repay as agreed in the future.

3. If you forget to repay due to negligence, you must repay as soon as possible after it is overdue, preferably in full. Then call the bank's credit card center and state that the debt is not malicious. If the record has been good in the past and the overdue time is short, and it is found that the repayment is good after the overdue period, it may not be recorded as a bad record. Don't be careless in the future. Be sure to pay attention to the bank's bill notifications and collection information to avoid overdue payments.

4. Credit card repayment information will be recorded by the central bank's credit reporting system on a rolling basis for 24 months. That is to say, bad credit records caused by overdue credit card repayments will be kept in the credit reporting system for two years. If terminated with a card, the corresponding records will no longer be scrolled, but will be saved for a long time.

As long as there is an overdue record on the credit card, it means that the person has outstanding debts. The cardholder must deal with it as soon as possible. Whether it is full repayment or installment payment, he must come up with a Only if you handle your repayment properly will your overdue interest rates not get higher and higher, and your credit score will not be affected.