The most important clause in the new credit card regulations is that credit cards are overdue, which has the greatest impact on debtors, as follows: 1. Cancel the late payment fee and increase the liquidated damages. After the credit card is overdue, there is no late payment fee, that is, the "late payment fee" is replaced by "liquidated damages". On the surface, it seems that the impact is not great, but the specific impact is still great, because there will be no interest-bearing phenomenon of liquidated damages;
2. The amount of sentencing has changed. In the past, credit card overdue 1 10,000 yuan could be regarded as the crime of credit card fraud. Now the sentencing standard has been raised to 50,000 yuan, which means that cardholders need to bear criminal responsibility if they exceed 50,000 yuan. From this perspective, it is more beneficial to the cardholder (debtor);
3. The minimum repayment amount is reduced. Before the new regulations, the minimum amount that cardholders need to pay back every month is generally not less than 10%, but the current bank standard may fall below 10%;
4. Adjustment of overdraft interest rate. Before the new regulations, the cardholder is not required to pay off the cash in one lump sum. After the new regulations, the cash withdrawal amount is divided into the minimum repayment amount. A little carelessness will lead to the overdue of the credit card, which is unfavorable to the cardholder (debtor);
The interest-free period may be as long as 60 days. Before the new regulations, the interest-free period of general credit cards was between 25 days and 56 days. After the new regulations, the interest-free period can reach 60 working days.