The cardholder fails to repay in full when the repayment date expires.

Or the repayment amount is less than the minimum repayment amount and exceeds the repayment date.

Part should pay a certain fee to the bank in accordance with the regulations, and also

It's what we often call late fees. It is understood that late fees

The ratio is uniformly stipulated by the Central People's Bank, which is the lowest.

Repay 5% of the outstanding portion.

2. Overdue interest

After the cardholder uses the credit card to overdraw, there are generally

The interest-free period is 20 to 50 days. If the cardholder's repayment date is overdue, then the cardholder will not pay the fee last month.

Enjoy the interest-free treatment of the bank, and the number of days in the cycle reaches the maximum.

Five ten thousandths, the annual interest rate reaches 18%.

3. Have a bad credit record.

If the credit card is overdue, the overdue record will be reported to the center.

Bank credit information system generates bad credit records, if left behind.

Bad records will be kept for 5 years. If the credit card exceeds

The situation is serious, which may even affect the cardholder's future business.

Manage car loans, mortgages, etc. After the overdue occurs, the bank will unilaterally reduce the amount of the card.

If the credit card is overdue for more than 3 months, the bank will collect it.

The lawyer sends a lawyer's letter to the user and brings a lawsuit to the court.

Litigation. The litigation costs are not only borne by the cardholder, but also required.

Bear other corresponding responsibilities according to law.