It can be used. Today's credit cards and bank cards all have entries and chips. The old cards in the past were still magnetic stripe cards.

Whether you have a chip or not, be sure to pay back your money on time when you are confident that you will make purchases and avoid overdue payments.

Overdue credit card is a breach of contract, and you must bear the liability for breach of contract, which will stain personal trust, be detrimental to later bank lending business, and produce overdue records in the credit report.

After the loan is successful, you must repay it on time. Do not fail to repay or delay the repayment, which will cause overdue payment.

Consequences of overdue:

1. Bear high penalty interest;

2. Cause legal disputes;

3. In the country Leaving "credit stains" in the credit reporting system.

The suggestions are as follows:

1. It must be made up immediately, and an additional penalty interest will be paid. It is recommended to pay more, so that the bad records can be temporarily cleared. If the debt is overdue for more than one month, then the next repayment should be made with 2 months of monthly payments in one lump sum, as well as the penalty interest for the previous month;

2. If there is no further delay, , one year later, the computer will eliminate this bad record;

3. The repayment is delayed, but the repayment period will not be delayed, and the bad record will only be left permanently;

4. Remember to pay off the previous monthly payment and penalty interest before the next month’s repayment period.

Generally, overdue credit card repayments do not exceed 3 times. You can apply for a credit card but the limit is very small. You can also get a loan, but the interest rate is very high. However, if you overdue repayments more than 6 times or fail to repay once, it will be a problem. If you are included in the "blacklist", you will not be able to apply for credit cards and loans.