1. What should I do if my credit card is overdue?

1. Negotiate with the bank first and clearly list the reasons for your overdue payment. You must show that you are unable to repay on time because you do not have the ability to repay, and you do not intentionally fail to repay when due, and provide certain Supporting documents, unemployment certificate, etc. (If the customer still has the ability to repay, negotiating with the bank will most likely be rejected by the bank).

2. You can apply to the bank to extend the repayment period and express your idea of ??repaying the debt in installments. In addition, you can also try to apply for a suspension of interest payments, and then formulate a new repayment plan. After that, just follow the new repayment plan to repay the debt on time and in installments. Don't be overdue again.

2. The processing results will be different depending on the length of the credit card overdue period, which is generally divided into 3 days, 30 days, and 90 days.

1. 3 days overdue.

If the payment is unintentionally overdue within 3 days of the last payment date, it is generally not considered overdue. Because most banks have a time-limited service, and the so-called time-limited service means that the repayment date can be appropriately postponed, usually 1-3 natural days can be extended after the repayment date. As long as the repayment is within the time period, it will not be considered overdue. Because the credit time of each bank is different, please contact the bank staff first to verify the time. It is best not to wait until the final repayment time before repaying the money. You must do it in advance, and don’t make any mistakes just because you have a bank credit card. Take advantage of this and delay repayments.

2. 30 days overdue.

If the overdue situation is within 30 days, if your overdue situation has been reported to the central bank, then the credit card column in your credit report will be included in "1" ("1" means non-repayment and overdue payment) 1-30 days)

If the overdue situation has not been reported to the central bank, you can try to negotiate with the bank, explain the situation to the bank, and pay off the debt at the same time. However, the cardholder must provide evidence that the cardholder did not overdue the card maliciously, and must also be prepared to have sufficient funds to repay the credit card.

3. Overdue for 90 days

If you are overdue for three consecutive months, it is generally regarded as overdue maliciously. However, there may be special circumstances that can be negotiated. The general content is: ① If the annual fee is overdue You can continue to negotiate with the bank; ② If personal information is stolen or used fraudulently to apply for a card, you must promptly report the case to the bank. This is a criminal case because the country has clearly protected personal information. To open a credit card, you must go to an outlet or a specialist in person. It can only be activated after review; ③ If it is overdue due to lack of money to repay, repay on time and use new repayment records to overwrite the old bad records.

4. Overdue for more than 90 days.

If you are overdue for more than 90 days, you will face the following consequences: ① Your personal credit record will be stained. If you are found to be overdue for more than three consecutive months in the past two years or overdue for more than six times in total, unless there is a legitimate reason recognized by the bank, The loan will be denied. ②The card issuing bank charges penalty interest and liquidated damages. ③ If the loan is overdue with malicious intent, the bank may file a lawsuit if the loan is still not repaid after multiple collections.

5. Overdue for more than 2 years. Serious overdue debt for a long time may result in bad debts.

Bad debts: refer to receivables that have passed the payment deadline, cannot be recovered after collection, are in a sluggish state for a long time, and may become bad debts.

In personal credit reporting, bad debt is a more serious manifestation than overdue credit. Bad debt records will be retained by the credit bureau for 5 years from the date the debt is paid off. Some people think that one bad debt is equal to 50 overdue debts. Therefore, once the word "bad debt" appears on your credit report, you are basically out of luck with the loan.