1. Bear a high overdue fee

First of all, the intuitive impact is that you will have to bear overdue interest fees caused by overdue. In order to avoid users' overdue, banks will charge overdue fees with relatively high interest rates. Generally speaking, the overdue fees are higher than the daily interest rate of five ten thousandths, which is already quite high, and the overdue interest is the calculation method of compound interest, that is to say, if the repayment is not made in time, the interest fees will only increase and become unbearable in the end. Therefore, repayment must be made as soon as possible after overdue.

2. Leave a bad credit record

Everyone knows that the credit report is equivalent to our second ID card in the bank, so if your credit card is overdue, this record will be included in your credit report, which will have a negative impact on your subsequent credit card application and credit card withdrawal. Moreover, it will have an impact on your future mortgage and car loan processing, which is likely to lead to the failure of the loan application.

3. You will be collected by the bank.

When you are overdue in the first month, the bank will call you to repay as soon as possible. In the second month, if you haven't repaid, an account manager will come to you for collection. After more than three months, you will be handed over to a third party for collection, and the bank's collection is relatively poor. If the bank hands over customers who have been overdrawn for a long time to a third party for collection, all kinds of harassment will increase obviously. They will find your reserved bank emergency contact to find you at your work unit and other places.

4. There will be the risk of being sued

If you fail to pay back the loan for a long time after the deadline, the bank has the right to sue you. If the bank sues, it will not only order the overdrafter to bear the principal and interest, but also include all the legal fees and the legal fees of the bank as stipulated in the credit card contract. If you meet the following conditions, you will also face criminal responsibility. Generally, if you overdraw more than 5, yuan for a single card and fail to repay it for more than three months after more than two effective collections, you may be investigated for criminal responsibility for credit card fraud.

Second, the handling method

When your credit card is overdue, you should actively repay it. If it is because of the economic situation that you can't repay it in time, you can actively communicate with the bank and try to stop the interest payment. The way is to suspend the calculation of overdue interest first, and return the part that needs to be repaid to the bank according to how much it costs each month, so that the bank can initiate a lawsuit against you.

to sum up, everyone must make credit card purchases according to their own financial ability, and try not to be overdue.