Generally speaking, every bank will charge a certain interest for overdue repayment, which is different from each bank, and is generally five ten thousandths of the interest. However, the value date should be calculated from the date of consumption, not from the day after the last repayment date.
It is suggested that if the total amount is not repaid, the minimum repayment amount can be repaid first, without affecting the credit line. At the same time, there will be a buffer period, so that the bank can know the flow of funds in your account in time and will not freeze the account!
When a credit card (debit card) holder chooses the minimum repayment method or uses a card that exceeds the credit limit approved by the issuing bank, he will no longer enjoy the interest-free repayment period, and will pay overdraft interest calculated at the prescribed interest rate for the unpaid part from the bank bookkeeping date.
Extended data:
Consequences of overdue:
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.
According to the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks:
Article 43 A customer who applies for the bank's credit card for the first time may not issue the card by automatic card issuance in the whole process.
Credit card applicants should strictly review and strengthen risk prevention and control in the following situations:
(1) Leaving relevant suspicious information or criminal records in the identity information system;
(2) There is no credit record in the credit information system;
(3) Having a bad record in the credit information system;
(four) there are many bank loans or credit card credit records in the credit information system;
(5) Business travel cards and business shopping cards handled by the unit;
(6) Risk information obtained from other channels.
Article 44 The issuing bank shall not issue credit cards (except supplementary cards) to customers under the age of 18.
Article 45 There shall be no more than two issuing banks (except supplementary cards) that issue student credit cards to the same applicant.
Before issuing student credit cards, the issuing bank must confirm the second repayment source, obtain written guarantee materials that the second repayment source (parents, guardians or other managers) is willing to repay on its behalf, and confirm the authenticity of the second repayment source identity.
Before increasing the student credit card limit, the issuing bank must obtain the written guarantee materials from the second repayment source (parents, guardians or other managers, etc.). They agree and are willing to repay on their behalf.
A commercial bank shall formulate a management system for student credit card business according to the principle of prudence, and evaluate, calculate and reasonably determine the first credit line of its student credit card and the highest credit line adjusted according to the card usage according to the actual situation of business development. Student credit cards are not allowed to be used beyond the limit.
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