Having overdue records will affect your application for a credit card. Specifically, overdue records refer to the failure to repay on time or partially repay within the credit card repayment period. Here is a detailed explanation of this issue:

First, overdue records can have a negative impact on an individual's credit rating. Credit rating is an indicator used by banks and financial institutions to evaluate an individual's repayment ability and credit risk based on his or her credit situation. It is also an important basis for deciding whether to approve a credit card application. Overdue records indicate that an individual has problems managing finances and repaying payments, which can lower the credit rating and thus affect the chances of success in applying for a credit card.

Secondly, overdue records will also cause credit card applications to be rejected. Banks and financial institutions often review applicants' credit records, and overdue records are considered bad credit behavior, increasing the risk of rejection. Banks are more likely to approve applicants with good credit records and reliable repayment abilities, while there are higher risks and uncertainties for applicants with overdue records.

Finally, even if the overdue record does not lead to a direct rejection of the credit card application, it may have an impact on the credit card limit and interest rate. The bank may determine the credit card limit and interest rate based on the applicant's credit profile. Applicants with a past-due history may face lower credit limits and higher interest rates, which can limit an individual's shopping and spending power and increase the cost of future repayments.

In short, overdue records have a negative impact on credit card applications, including lowering personal credit ratings, increasing the risk of application rejection, as well as limiting credit limits and increasing interest rates. Therefore, it is recommended that individuals pay attention to reasonable planning and management of their finances before applying for a credit card, and ensure repayment on time to maintain a good credit record.

Extended information: According to the "Credit Card Market Operation Report" released by the People's Bank of China, overdue repayment is one of the common problems in the current credit card market. According to 2019 data, China's credit card default rate reached 5.4%, indicating that the problem of overdue repayment is serious. Therefore, it is very important to establish healthy credit card usage habits and standardized repayment behavior to have a positive impact on personal credit history and credit rating.