The analysis is as follows:

How much money you owe on the credit card in your name can be obtained through the following different ways:

1. Call the credit card center of the bank where the credit card is located Call the customer service number to inquire about your credit card bill. You can learn the current bill details and repayment status of your credit card. The customer service number of the credit card center is on the back of the card.

2. Go to the counter of your bank with your credit card and the cardholder’s valid ID card, and you can check the credit card bill information.

3. Log in to the credit card column on the bank's website, enter the credit card number and query password, and you can query the credit card bill information.

Extended information

The consequences of overdue credit card repayments are serious, so overdraft consumption should be moderate. Although the biggest feature of a credit card is its overdraft function, it actually constitutes a loan relationship between the customer and the bank. Failure to repay when due may not only cause legal disputes, but also bear high penalty interest, and most importantly, Forming a bad credit record will have a negative impact on future work and life.

Consequences of overdue credit card repayment 1

Bearing high penalty interest After a credit card defaults, the penalty interest fees usually involved are recurring interest fees and late payment fees. Revolving credit is essentially a small, unsecured loan that accrues interest on a daily basis. If the full amount is not repaid on the final payment date, revolving credit interest will accrue on the next statement, and the interest will be charged from the date the consumption is recorded. Calculate interest.

Except for ICBC, which imposes balance penalty interest, the other 12 banks still impose full penalty interest. Full penalty interest means that even if the customer repays part of the amount, the repayment portion will not be deducted when calculating penalty interest, and interest charges are usually calculated at a daily interest rate of 0.5%. In addition, some banks stipulate that within 15 days from the bookkeeping date, the daily interest rate will be calculated at 0.5%, and if it exceeds 15 days, the daily interest rate will be calculated at 10%. If it exceeds 30 days or the overdraft amount exceeds the prescribed limit, the daily interest rate shall be calculated at 0.01%. Fifteen calculations, the longer the arrears are, the higher the penalty interest will be.

For example, assume that Ms. Li’s bill date is the 10th of each month, and the final repayment date is the 28th. She spent 10,000 yuan on June 11, and on July 28, Ms. Li’s funds appeared. I was nervous, so I paid the minimum repayment amount of 1,000 yuan first. Then the recurring interest fee on the bill on August 10 is: 10,000 yuan × 0.5‰ × (July 28 ~ June 11) (10,000 yuan ~ 1,000 yuan )×0.5‰×(August 10th ~ July 28th)=293.5 yuan.

If the cardholder fails to repay even the minimum repayment amount, in addition to recurring interest charges, there will also be a late payment fee calculated based on 5% of the unpaid portion of the minimum repayment amount. If Ms. Li only repaid 500 yuan, the late payment fee is (1,000 yuan ~ 500 yuan) × 5 = 25 yuan. In this case, the recurring interest fee will rise to 296.75 yuan, and Ms. Li’s penalty interest for that month totaled 321.75 yuan.

Consequences of overdue credit card repayments 2

Creating legal disputes Violent credit card collection has become a hot topic. Many bank credit card centers outsource credit card repayment collection to some so-called "debt collection companies". These companies are mixed, and their debt collection methods are rough, causing great trouble to customers.

Not only that, defaulting customers may also face legal disputes. According to the provisions of the "Criminal Law", for malicious overdrafts of more than 5,000 yuan on a credit card, and the bank has not paid back after three months of collection, if the circumstances are serious, criminal liability may also be pursued for fraud. For defaulting customers, entering the judicial process will not only affect their reputation, but also incur more costs. In addition to paying off the arrears, they will also have to bear litigation costs, which is even worse.

Three Consequences of Overdue Credit Card Repayment

Leaving "credit stains" in the national credit reporting system. In 2006, the central bank established a national unified basic database of corporate and personal credit information. If you apply for a card or get a loan at a bank, your own "credit report" will be automatically generated in the system. The "stains" in this report cannot be ignored. It will affect your application for various loans, insurance, and job hunting. , studying abroad, etc. Bad records are generally kept abroad for 7 years.

In November 2012, the central bank's new version of personal credit report was launched. Overdue credit cards and loans before October 2009 will no longer be displayed, and overdue records will be retained for 5 years thereafter. This move means that citizens’ overdue negative records will no longer remain with them for life. If they can repay their loans in full and on time for five consecutive years, their credit can be restored.

Warm reminder: As an emerging payment method, credit card is also the simplest daily financial management method for consumers. Although overdraft consumption can reduce the financial pressure of daily consumption of cardholders, if the cardholder does not manage it properly or Without good financial management concepts, it is easy to end up with a mountain of bills and become a card slave. The editor here recommends that consumers be careful when using credit cards to pay back cards when the bill pressure is too heavy. They can apply for installment payment from the bank or apply for deferred repayment, extension of installment extension, etc. to relieve the pressure. At the same time, they should also reflect in time. Is your consumption pattern healthy and reasonable?

In April 2016, the central bank issued the "Notice on Matters Concerning the Credit Card Business", which increased the market pricing attributes of credit cards and made credit card rights more diversified. The most important point is that liquidated damages are no longer compounded.

Baidu Encyclopedia: Credit Card Repayment