There is no record that the credit card of Guangfa Bank is overdue for one day. The bank provides cardholders with a one-day repayment grace period every month. Generally speaking, as long as all debts are paid off before 10: 00 the night after the bill repayment date, the bank will regard it as normal repayment, and will not generate late fees and penalty interest, nor will it affect the repayment details of the current period.

What will happen to Guangfa Bank if it is overdue?

1. The bank will charge late fees and overdue interest. The late payment fee is calculated according to 5% of the minimum repayment amount or 10 yuan (whichever is higher); Overdue interest is calculated according to 18% annualized profit.

2. The bank will report the overdue record of the user to the central bank's credit information center and show it in the user's personal credit information report, which will reduce the user's personal credit score and affect the pass rate and preferential degree of the user's application for loans or credit cards in the future;

3. The bank will collect users by phone or SMS, and will take legal measures to collect them if the overdue period is serious.