As a card lover, which day is the most painful? That's the bill payment date. Is there anything more painful than this? That means forgetting to repay, missing the tolerance date, and being charged overdue interest and penalty interest.

Recently, I encountered such a tragedy. I forgot to repay my Industrial Bank credit card for 5 days. As a result, for a bill of less than 10,000 yuan, I was charged a recurring interest rate of 210.25 yuan and a credit card default penalty of 22.87 yuan.

When I saw the bill, I still wondered: Isn’t it just a few days late? Why do you charge so much interest?

Statement Cycle 2017/02/08-2017/03/07

Originally March 27 was the last repayment day, but I forgot about it and didn’t pay attention to the text message reminder. look. When I received the bank text message reminder on April 1, I quickly returned the money. If you call customer service, it won't be reported to the Hong Kong Economic and Daily News, right? The reply was: It won’t happen once the loan is repaid.

When I received this bill, I was dumbfounded. Quickly call the customer service number of Industrial Credit Card and ask how the interest and liquidated damages are calculated? I was told that those who repay overdue will not enjoy the interest-free period. Starting from the day of consumption, interest will be 0.5% per day. The consumption of 6,063.26 yuan on February 12 will be 47 days until April 1. That’s 142.48 yuan. Based on this calculation, the interest is 210.25 yuan per day.

Liquidated damages charge 5% of the unpaid portion of the minimum repayment amount. Xingye’s minimum repayment amount is 5% of the bill amount, which works out to 22.87 yuan.

I didn’t pay much attention to the bank’s overdue calculation method before, but this time I remembered it deeply. Calculate the annualized interest rate, 18%! ! ! Teachings are purchased with money.

Complaining and asking for fee reduction, Xiaozhi said affectionately that the repayment record has always been good, but this time he really forgot. Customer service said they would record it and wait for processing. As a result, Xingye made two calls the next day but did not receive any calls. I called customer service again in the evening and asked about the situation. They said they would contact me again. When I asked what time would be better to contact me, they told me to call me at 10:30 the next day or 15:30 in the afternoon.

Then, yesterday, when it was almost 16:30 in the afternoon, the call had not come yet. I called customer service again and asked about the situation, and they promised to let them know.

20 minutes later, I received a call from Industrial Credit Card, stating the situation and saying that half of the interest charges could be reduced and that I needed to go through the application procedures. I agreed, after all, I forgot to repay the loan this time.

Today, I received a text message from Industrial Credit Card:

Through this incident, I tell you through painful experience: Don’t forget to repay! ! ! If you really forget to repay the loan, you can talk to your bank to see if you can waive some of the fees.

Today, some card friends posted pictures in the group. They forgot to repay the loan for 2 days. They had a bill of more than 10,000 yuan and were charged more than 200 yuan in interest and liquidated damages. It's all tears.

Have you ever had such a painful experience of being charged interest for late repayments?