The influence of overdue records on users is diverse, not simply affecting the credit card limit in the future. Will affect the credit history. When using China Merchants Bank credit card, remember not to overdue repayment, so as not to generate unnecessary interest.
1. The liquidated damages are generally the minimum repayment amount, that is, 5% of the unpaid part.
2, the interest rate is high, and it is rolling interest. When there are many debts, the interest rate is scary.
3. Overdue will tarnish the credit record, resulting in the inability to handle financial needs such as buying a house and lending in the next two years.
4. The overdue payment is more than 3 months, and the amount exceeds 1 000 yuan, and the bank has repeatedly failed to make dunning. At that time, you will not only pay back the money, but also bear criminal responsibility.
Interest will be charged for each consumption of deferred materials from the bookkeeping date, with a daily interest rate of 0.5 ‰ until you pay off the consumption. Every repayment will give priority to paying off the interest generated. Therefore, China Merchants Bank Credit Card Center suggests that you repay your credit card as soon as possible after it is overdue, and you can pay more appropriately to offset the interest already generated.
Similarly, China Merchants Bank Credit Card Center also suggests that you can set up a China Merchants Bank debit card for automatic repayment of credit cards. As long as the amount of the debit card is sufficient, the credit card will not be overdue.
Warm reminder: The overdue repayment of China Merchants Bank's credit card not only needs to pay interest and late fees, but also affects the credit history.
China Insurance Network-Will China Merchants Bank have a bad record if its credit card is overdue for a few days?