Guangfa credit card penalty is non-refundable. The penalty interest of Guangfa Bank's credit card refers to the cardholder's failure to repay the minimum repayment amount of the statement according to the bill agreement, or the unpaid part that has been recorded. If the cardholder repays the minimum repayment amount before the minimum repayment date of liquidated damages, he will not enjoy the interest-free repayment period and will be charged by Guangfa Bank. These liquidated damages mainly include 50% off the unpaid part of the minimum repayment amount. These liquidated damages mainly include charging $5 for the unpaid part according to the minimum repayment amount.
Guangfa Credit Card can predict the economic trend and brake in advance because of its advanced risk control. 202 1 under the double influence of economic slowdown and epidemic situation, with the gradual exposure of accumulated risks, the credit card industry has entered an adjustment period. Steady risk control has laid a foundation for the high-quality development of Guangfa Credit Card in the industry adjustment period, and all risk indicators are also better than the industry level.
The 14th Five-Year Plan puts forward the task of speeding up the development of digitalization and building a digital China. For the credit card industry, accelerating the digital transformation and optimizing the modes of customer acquisition, risk control and service with the help of scientific and technological forces are accumulating energy for the next round of development of the credit card industry. However, the complex external environment
Under this background, Guangfa Credit Card has strengthened the research on economic cycle while improving the business scale and quality, and realized the forward-looking management of business development strategy. With fine model strategy to help the whole process of risk control, deepen the technology empowerment driven by data application, expand scenario management and focus on customer perception, and take the lead in formulating and implementing risk strategies in the industry, thus ensuring the high-quality development of CGB credit card business in recent years.
Article 196 of the Criminal Law Whoever commits credit card fraud under any of the following circumstances, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:
(a) using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate;
(2) Using an invalid credit card;
(3) Fraudulent use of another person's credit card;
(4) malicious overdraft.
The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank. Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.
Consequences of overdue credit cards
The bank credit card wealth management center will charge late fees and interest:
1. The late payment fee is calculated as 5% of the unpaid part of the minimum repayment amount, and the minimum repayment amount is RMB 10 yuan or USD 1 yuan.
2. At the same time, the bank will charge five ten thousandths of daily interest for the whole bill.
Affect credit
1. If it is overdue within one month, it will be deemed as overdue once. As long as it is overdue, even once, it is more difficult to increase the quota;
2. If it is overdue for 3 consecutive times or accumulated for 6 times, there will be a bad credit record, and it will be difficult to borrow money and apply for a credit card in the future;
3. After a certain amount and time, the bank will freeze the credit card.