1. Credit cards will generate interest if they are overdue, and there will be high interest and late fees if they are overdue for more than one year. Generally, it is calculated at the interest rate of five ten thousandths per day from the date of consumption. The longer the overdue period, the higher the interest rate, resulting in more and more money to be paid off.

2. The overdue credit card will be recorded in the personal credit report, resulting in the stain of personal credit. Personal credit information has a great influence on cardholders, such as credit card application, credit card withdrawal and bank loan. Sometimes the recruiting unit will also look at the applicant's personal credit information. The overdue records on personal credit information shall be kept for 5 years from the spontaneous birthday, so as to avoid overdue repayment.

3. If it is overdue for a long time, the bank will recover the card debt. In the case that the bank refuses to repay after repeated collection, the bank will appeal to the cardholder and apply for freezing the cardholder's personal assets. If the amount owed is too large, you may even go to jail. Of course, you still have to pay back the money you owe after you get out of prison.

I. Remedial measures for overdue overdraft of credit cards:

1, it is best to repay in full and explain.

If you usually miss the repayment date, you must repay it as soon as possible, preferably in full. Then call the bank credit card center and declare the non-malicious arrears. If the previous record has been good, the overdue time is short, and the repayment is found to be good after the overdue, it may not be recorded in the bad record. Be sure to pay attention to the bank's bill notice and collection information in the future to avoid overdue.

2. Never "run away"

If the credit card is overdue, the credit card center of the issuing bank will collect it. Some people try to "run away" by changing their addresses and mobile phones, so that banks can't contact themselves. This practice is not advisable. When handling a credit card, your real name information has been recorded by the bank. Once you run away, the bank will think that you are maliciously overdrawn and owe money to the police.

Second, matters needing attention

1, it is appropriate to apply for credit card overdraft limit. It is generally recommended that the cardholder's credit card overdraft limit is limited to his two-month income. If the cardholder wants to temporarily exceed the overdraft limit, he should apply to the bank in advance. Some banks will give them free care after approval, and some banks will charge a 5% handling fee for the part that exceeds the limit.

2. Credit card consumption should be mainly based on credit card. Credit card withdrawal should be cautious and timely repayment should be made to avoid unnecessary losses. For overdraft withdrawal, the bank can not only calculate the interest at the daily interest rate of five ten thousandths, but also calculate the compound interest if the user fails to repay the loan for one month. In addition, there is no interest on credit card deposits, and there is a handling fee for withdrawing deposits.

3. Interest-free credit card installment does not mean free. Some credit card holders who use installment payment may have to pay a handling fee after applying for installment payment from the bank. Therefore, the public must consult various fees before using it.

Credit card overdraft is a short-term overdraft given by the credit card issuer to the cardholder within the prescribed limit when shopping with the card. For credit cards, it is allowed to "consume first, then repay", and overdraft is an important feature. For debit cards, it should be "deposit first, then spend", but on the premise that it is recognized as goodwill overdraft and repayment is guaranteed, the cardholder is also allowed to overdraw an appropriate amount in a short time when the money is urgently needed. Overdraft interest is generally much higher than bank loans in the same period, and card issuers also have a set of measures to prevent and recover overdraft risk losses.