Question 1: Why is a credit card a liability? Because a credit card has a credit limit given to you by the bank after review, which means that within the credit card limit, you can overdraft for consumption, which is equivalent to a liability. Of course, there is a contingent liability before the overdraft is overdrafted, but in fact, if the credit card is not consumed, there will be annual fees. Therefore, it can be considered that the credit card will definitely have overdraft and arrears, so it is called a liability.

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Question 2: What does credit card debt mean? There is an unpaid debt on a credit card

Question 3: What is credit card debt? Credit cards are mainly first Repayment after consumption, credit card overdraft is considered a debt and needs to be repaid on the repayment date.

The end date for recorded credit card transactions in each bill is called the statement date. The due date for repayment is generally around the 18th day after the bill date (as shown on the bill). The repayment grace period is 3 calendar days after the due payment date.

Different cardholders may have different billing dates. For example, if the billing date is the 25th of each month, then each bill will record all transactions entered from the 26th of the previous month to the 25th of this month. The corresponding final repayment date is the 13th of the following month. Consumption on the 25th is generally not recorded until the 26th, and will be included in the next period's bill.

Question 4: What does it mean that credit card consumption becomes a liability? Credit cards are overdraft cards. You consume first and then repay. There is no problem that the bill after consumption becomes a liability.

Question 5: How to calculate credit card debt / (income * base)

For example: a credit card worth 10,000 yuan is paid into the account the next day after repayment. Spend all the money on the card in three days. Then within the 30 days of each month, there are only 3 days when the card has 10,000 yuan, and the remaining 27 days have 0 yuan. The daily average is 1,000 yuan, or 10. Debt ratio is 90. Many banks focus on the six-month average debt ratio.

Question 6: What does "total credit card debt" mean? "My Debt" generally counts your credit card debt. The data in the debt part is for reference only. Because credit cards involve time settlement issues, the data is not updated in a timely manner. , please select "Account Management" - "Account Inquiry" in the first line above and check the "Available Limit" on the right. Please refer to the "Available Limit" data found.

Question 7: Credit Card. The debt will be prosecuted by the bank for "credit card fraud", and depending on the amount of your overdraft, the court will sentence you to at least 7 years in prison and a fine of 50,000 yuan.

Question 8: The total number of China Merchants Bank credit cards. What does liability mean? "My assets" in the professional version of China Merchants Online Banking include "current", "term", "financial management account", "certificate treasury bonds" and "credit card overpayment", etc., while "foreign exchange trading account balance" , "trusted financial management", "savings/bookkeeping type treasury bonds", "physical gold accounts", "stocks, third-party custody funds", etc. are not included in the statistics. "My assets" are for reference only and are based on actual results. Accurate.

"My Debt" generally counts your credit card debt. The data in the debt section is for reference only. Because credit cards involve time settlement, the data is not updated in time. Please select the number above. Go to "Account Management" - "Account Inquiry" and check the "Available Limit" on the right. Please refer to the "Available Limit" data found.

Question 9: How to calculate credit card debt? If it is a China Merchants Bank credit card, please check the bill and see what is shown on the bill. 1. The interest-free period means that the cardholder must repay the entire amount before the due payment date (inclusive). Consumer transactions that can enjoy interest-free treatment are from the bank recording date to the due payment date (the interest-free repayment period ranges from 20 to 50 days). 2. Pay the full amount on time before the final payment date. Yes, you can enjoy the interest-free period for credit card purchases without any fees. 3. The minimum repayment amount refers to the minimum amount that needs to be repaid each month, which is shown on the monthly bill. No application is required.

Repaying the minimum repayment amount on time will not affect your personal credit, but you will not be able to enjoy the interest-free period. All consumption in the current period will accrue interest from the recording date, with a daily interest rate of 0.5%.

Question 10: How to calculate the credit card debt ratio to 5 points? All liabilities (including credit cards and loans)/(income * base)

For example: a credit card with a limit of 10,000 yuan, the repayment The money will be credited to the account the next day, and all the money will be consumed on the third day.

Then within the 30 days of each month, there are only 3 days when the card has 10,000 yuan, and the remaining 27 days have 0 yuan.

The daily average is 1,000 yuan, which is 10. The debt ratio is 90.

Many banks focus on the six-month average debt ratio.