If you have paid off all the repayments or the minimum repayment amount of the previous bill on the day before (inclusive) the first overdue bill date, your credit report will not be included this time. Overdue information is generated. At the same time, overdue repayment will incur corresponding liquidated damages and interest. It is recommended to repay in time before the repayment date according to the bill prompt information, or to sign an automatic repayment business.

Each bank has varying degrees of grace period for credit card repayments. As long as the repayment is made within the grace period, the overdue record will not be reported to the central bank, and it will not cause overdue payments.

Note: Being overdue on a credit card does not mean that the credit card is not repaid by the last payment date, but that it is considered overdue if it is not repaid by the billing date of the next month. Failure to repay overdue payments will affect your credit score and incur liquidated damages and interest. In serious cases, you may be sued by the court and imprisoned.

Extended information:

Consequences of overdue payment:

1. Severe overdue payment and huge amount may constitute a crime due to "malicious overdraft".

2. If you are overdue for more than three months or fail to repay more than two bank reminders, the bank will freeze your card and list you as a prohibited customer (blacklist), and you will also be prosecuted. Your credit card fraud and malicious overdraft will be enforced by the court.

3. The personal impact of an occasional overdue credit card is not too serious. It can be compensated by paying back the credit card in time. If you are overdue no more than 4 times in a year, the impact on the individual will not be too great. If you are overdue for three consecutive months or even seven months, you will not be able to make any bank loans or credit loans in the past five years.

Baidu Encyclopedia-Overdue