What's the difference between 1 day and 91 days overdue? 1 day overdue VS 91 overdue.

Interpretation of credit symbol:

There is no repayment history this month:

n; Normal (the borrower has returned all the repayable amount of this month on time).

1: 1-3 days overdue.

2: 31-6 days overdue.

3: 61-9 days overdue.

4: 91-12 days overdue.

5: 121-15 days overdue.

6: 151-18 days overdue.

7: overdue for more than 18 days.

B: bad debts (indicating that the borrower fails to repay the loan for a long time).

M: repayment before the end of the month after the agreed repayment date.

D: the guarantor pays it back.

Z: paying off debts by posture.

C: settlement.

G: termination (any other form of account termination except settlement).

#: the account has been opened, but the status of the current month is unknown.

credit card time tolerance function:

1 time tolerance function: it means that if the credit card fails to repay on time on the due date, the bank will give the cardholder another grace period, usually 3 days.

2 tolerance function: refers to the cardholder's failure to repay in full after the repayment date. When the unpaid amount is small or equal to a certain amount specified by the bank, the bank will consider that the cardholder has repaid in full, and the unpaid amount will be automatically credited to the next bill; The balance that should be repaid in the current period is usually 1 yuan.

Tips: Before handling the card, you need to know the rights and interests of the credit card you handle, and whether you enjoy the time tolerance function.

Impact of one day overdue:

1 Credit card has no time tolerance: the bank will punish you for default interest, and the bank will upload the overdue record to the personal credit information system, which will be marked as "1" in the credit information report, and you will receive a reminder message and phone call.

2 credit card has time tolerance: most banks will take a more tolerant attitude to remedy in time within the days of repayment grace, which will be regarded as normal repayment.

if the payment is overdue for more than a few days, all interest fees incurred due to overdue will be charged.

Tips: If the repayment is made in time, the repayment record of next month will be marked as "n" for normal repayment.