1. Calculation method of the minimum repayment amount of each bill: minimum repayment amount = 10% all general transactions in the credit card account/all outstanding installment transactions in the account 100% the outstanding part of the minimum repayment amount in the previous period 100% exceeds all the funds used in the credit line of the account.
2. Generally, the minimum repayment amount is 10% of the total bill, and the remaining users can choose to repay next month; Under normal circumstances, although users can alleviate the shortage of funds to some extent by choosing the minimum repayment amount, and avoid the overdue situation due to the failure to repay the credit card, thus causing credit stains, when choosing the minimum repayment amount of the credit card, they can no longer enjoy the interest-free period of the credit card, and they have to start paying some interest on the unpaid part, which is easy to form a vicious circle.
Users can generally go to Yingxin to get personal credit big data report, check the loan record, whether it is overdue, whether it is blacklisted and so on.
Extended data:
What if the credit card is unable to repay?
1. If you don't pay it back temporarily, you can pay it off later, and only interest and late fees will be generated.
2, the credit card is really unable to repay, if the bank, and after winning the case, apply for enforcement according to law, the house will be sealed up. The debtor's property may be sealed up, detained or frozen according to law.
How to calculate the minimum repayment interest of credit card?
The minimum repayment amount of a credit card is generally 10% of the current bill amount. If the minimum repayment amount is selected, the cardholder cannot enjoy the interest-free discount and needs to bear certain interest. The calculation criteria are as follows:
After the minimum repayment of the credit card, interest will be charged on all outstanding consumption in the current period from the bookkeeping date, that is, interest will be charged from the cardholder's consumption date, with a daily interest rate of 0.5 ‰ until it is paid off.
For example, suppose my CMB credit card bill is the 22nd of each month and the repayment date is 10. On August 1 I spent money in 500 yuan, August 15 in 200 yuan, and August 22nd 1300 yuan. The total bill amount is 2,000 yuan.
I paid 200 yuan the minimum repayment amount on September 10 repayment date, and the rest was paid off on September 20th 1800 yuan. Then, the minimum repayment interest is: (500-200) 500.05% 200350.05%1300290.05% = 29.88.
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How to calculate the minimum repayment amount and interest of China Bank credit card?
Calculation method of minimum repayment amount: minimum repayment amount = consumption amount within the credit line × 10% cash transaction amount borrowed in advance × 100% the unpaid part of the minimum repayment amount in the previous period × 100% all expenses and interests exceeding the use amount of the credit line × 100% If the repayment is not made in full before the interest-free repayment period, the overdraft interest will be calculated from the transaction bookkeeping date according to the actual amount owed and the actual number of days owed, and will be collected in installments. The overdraft interest rate is 0.5 ‰ of the daily interest rate, and the compound interest is calculated monthly.
The above contents are for your reference. Please refer to the actual business regulations.
How to calculate the minimum repayment interest of credit card?
The charge standard for the minimum repayment interest of credit cards is:
1. From the bookkeeping date of each transaction, interest shall be calculated at the daily rate of 0.5 ‰ until each debt is paid off.
2. The cardholder applies for repayment according to the minimum repayment amount, and only pays interest in the second phase, and only pays 65,438+00% of the total bill in the first phase.
3. The amount that the cardholder needs to pay when applying for the minimum repayment amount is: (interest and expenses of the outstanding amount of consumption in the current month) 65438+ 00% of the current overdraft withdrawal amount.
Credit cards that only pay the minimum repayment amount are not overdue and will not affect the credit history. The relevant contents are as follows:
1, the minimum repayment amount of each bank is different, which is generally about 10% of the bill amount; However, if the minimum repayment amount of this month is not paid, then the minimum repayment amount of next month = the minimum repayment amount of next month. The overdue fine payable this month is the minimum repayment amount of this month (about 65438+ 00% of the total amount).
2. After the minimum repayment amount is paid, from the due date, five ten thousandths of the interest of the full billing date of the current month will be charged, and the monthly interest will be compounded, which is easy to form a vicious circle.
Generally speaking, the monthly bank credit card bill will be reminded by SMS or sent by paper bill. The bill will indicate: what is the minimum repayment amount or how much you can apply for installment payment.
You don't need to contact the bank to repay the minimum amount. As long as the amount deducted by the bank is greater than or equal to the minimum repayment amount, it will not be overdue, but interest will be charged as mentioned above.
5. Cash withdrawal can also pay the minimum repayment amount, but the cost of cash withdrawal by credit card is relatively high. In addition to the handling fee for cash withdrawal, interest shall be calculated at a rate of 5/10000 per day from the second day of cash withdrawal.
6. If the minimum repayment amount is paid, no bad record will be left. The bad record is only due to overdue, as long as the money is paid back every period.
How to calculate the minimum repayment amount and interest of credit card?
Cardholders do not repay in full and do not enjoy interest-free period. For the cardholder who repays according to the minimum repayment amount, the card issuer will charge the loan interest at the rate of 0.5 ‰ for the unpaid part every day from the bank bookkeeping date to the repayment date, and the loan interest will be compounded monthly. If the minimum repayment amount can't be paid off in the next accounting period, the cardholder shall pay 5% of the unpaid part of the minimum repayment amount in addition to interest.
Calculation formula of minimum repayment amount: minimum repayment amount = 65,438+00% of the consumption amount within the limit, 65,438+000% of the cash advance transaction amount, 65,438+000% of the unpaid part of the previous minimum repayment amount, and 65,438+000% of the expenses and interest exceeding the consumption amount within the limit.
Calculation method of interest: If the cardholder chooses the minimum repayment method, the interest will be calculated separately for each consumption. Since the minimum repayment amount has no interest-free period, the daily interest on the unpaid part is calculated at five ten thousandths.
For example:
Xiaoming spent 10000 yuan on shopping in a large shopping mall on August 2nd. September 1 is the settlement date of the bank. Due to the huge consumption in August, Xiaoxi overdrawn a lot, so she had to pay off some credit card debts according to the minimum repayment amount on September 17, that is, according to the regulations of the issuing bank, she only took out 1000 yuan to buy some bills before 10000 yuan. Because there is no full repayment, the bank's interest calculation formula is:
10000450.50438+050.0005 = 292.5 (yuan)
Among them, 45 is the duration of arrears of10,000 yuan (from August 3 to1September 6), and 15 is the duration of arrears after the minimum repayment (from1September 7 to1June 0), which is only 9.
That is to say, if Xiaoxi didn't use the same credit card during this period, by the accounting date of June 1, she had received the balance of 9292.5 yuan. By this time, Xiaoxi's senior consumption 10000 yuan has risen to 10292.5 yuan. If Xiaoxi can pay off the debt in time after receiving the bill in June+10, 5438, the debt will not appreciate, but if Xiaoxi continues to repay with the minimum repayment amount, the interest cost will continue to rise.
How to calculate the interest on the minimum repayment amount of credit card?
If the cardholder only pays the minimum repayment, then he can't enjoy the interest-free period. The bank will calculate the interest expense according to the daily interest rate of 0.5% from the date of consumption by users. The longer the time, the more interest expenses will be generated.
Minimum repayment amount = 65,438+00% All general transactions in credit card accounts 65,438+000% All outstanding installment transactions in accounts 65,438+000% The unpaid portion of the minimum repayment amount in the previous period 65,438+000% exceeded the total credit line of accounts 65,438+000% and the expenses 65,438+.
The minimum repayment amount is the minimum amount that needs to be repaid in the current month when revolving credit is used, and the minimum repayment amount is listed on the current bill.
1. Minimum repayment amount, the cardholder shall repay all the payables before the due repayment date (inclusive).
2. If there are difficulties, you can make repayment according to the minimum repayment amount stipulated by the issuing bank, which will not affect the credit status of the customer, but you cannot enjoy the interest-free repayment period.
3. The minimum repayment amount of a credit card is generally 10% of the current bill amount. If the minimum repayment amount is selected, the cardholder cannot enjoy the interest-free discount and needs to bear certain interest. The calculation standard is as follows: after the minimum repayment of the credit card, all outstanding consumption in the current period will be charged with interest from the billing date, that is, interest will be charged from the cardholder's consumption date, and the daily interest rate will be five ten thousandths until it is paid off.
: What if the credit card is overdue?
1. When the credit card cannot be repaid due to unemployment, illness, etc., before the repayment deadline, the cardholder should take the initiative to contact the bank credit card center to explain his financial situation, declare that he is not in bad faith, and apply for deferred repayment or installment repayment.
2. If the cardholder forgets to repay, he must repay as soon as possible, preferably in full. Call the bank's credit card center and declare the non-malicious arrears. If the overdue time is short, the bank may not be a bad record.
3. When the cardholder voluntarily applies for deferred repayment, the bank will often agree to defer repayment, and the bank and the cardholder will agree on a repayment plan acceptable to both parties. In this way, the bank will not record bad records, but it must repay on time after applying for an extension.
4. Credit card repayment information The central bank's credit information system rolls for 24 months, and the credit card overdue repayment record will be kept in the credit information system for two years. If the card is found to be cancelled directly after it is overdue, the information will not scroll, but will be kept for a long time. Therefore, after the cardholder is overdue, it is best not to cancel the credit card immediately. It is best to stick to it for more than 2 years and then maintain a good credit record.
That's all about how to calculate the minimum repayment amount and interest of credit cards.