When the credit card is repaid, the system will display "Repayment date has passed". Whether this is overdue depends mainly on whether the issuing bank provides a grace period for repayment and how long it is.
If the issuing bank does not provide a grace period for repayment, or the grace period has passed when it repays itself, then the repayment date will be displayed, which is overdue and will be reported to the central bank by the system, leaving an overdue record in the personal credit report.
superiority
Compared with ordinary bank savings cards, the most convenient way to use credit cards is for ordinary consumption, and there is no cash in the cards. In many cases, it is enough to return the consumption amount on time.
You can spend without deposit overdraft, and enjoy an interest-free period of 20-56 days to repay on time without any charge (most banks will charge 0.5% interest on the day of cash withdrawal, and there will be a 2% handling fee, but ICBC will only charge interest).
It is not only safe and convenient to swipe your card when shopping, but also a bonus gift.
Special merchants who hold cards in banks can enjoy preferential treatment.
Accumulate personal credit, add credit records to credit files, and benefit for life.
Access to the whole country is barrier-free, and you can withdraw money or spend money by credit card on ATM and POS machines with UnionPay logo; (Note: Credit cards are only suitable for credit card spending. It is best not to withdraw cash, which is expensive and uneconomical. )
Credit card spending, some credit cards get existing points, and various discounts and lottery activities throughout the year, so that you can always have surprises as long as you use the card; (Most credit cards have no points for online payment, but online payment is very convenient and fast. )
Mail the statement free of charge every month, so that you can grasp every consumption expenditure transparently; (Now advocating environmental protection, you can cancel the paper statement and change it into an electronic statement. )
Unique supplementary card function, suitable for husband and wife to jointly manage money or master children's financial expenses.
The free choice of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.
400 telephone or 5-digit short number prefixed with "9" provides 24-hour service, and the report of loss takes effect immediately, with zero risk of card loss.
Validity period: It is known that the validity period of domestic credit cards is generally three to five years.
Use the third-party platform (the domestic platform supporting credit card bill management is mainly Jujindou) to conduct business cooperation and provide preferential services for cardholders.
disadvantaged
The invention of credit card is like a double-edged sword, which can solve the temporary economic crisis. However, the purpose of issuing credit cards is to make money. Once the interest-free repayment time is exceeded, high interest will be charged, usually five ten thousandths of interest per day.
Blind consumption of credit cards is not like paying cash in a lump sum. I don't feel anything when I brush. A few figures lead to blind consumption and spending money like water.
Excessive consumption of notebooks, digital cameras and smart phones, while enjoying your favorite items in advance, you should also consider whether you can repay them.
High interest If you can't get a credit card and can't repay on time when the final repayment date comes, the bank will charge you high interest. (The minimum repayment amount of a credit card in the first month shall not be less than10% of the overdraft amount in the current month) [8]
Credit cards that need to pay an annual fee basically have an annual fee, but they basically have an annual fee-free policy. For example, CCB can be exempted as long as it is brushed three times a year; But if you don't swipe your card to the bank the specified number of times within a year, you need to charge an annual fee.
Stealing a credit card is basically a default credit card consumption without password, which is easy to be stolen by others when it is lost or stolen, causing unnecessary trouble or loss; But in fact, credit cards can also be charged by passwords-it depends on how you manage your credit cards. Of course, many people have not cancelled their credit cards because of their lack of experience in this field, and some lawless elements have reapplied for credit card overdraft, which is not worth it.
Long-term malicious arrears that affect personal credit records will naturally affect personal credit records and even be blacklisted by banks. If you want to borrow money from the bank to buy a house and a car in the future, you may be rejected by the bank.
CCTV reported that a cardholder received a bank bill several months after paying off all debts and canceling his credit card, and what happened afterwards made him miserable. This article named "Unknown Credit Card" exposes the disadvantages of current credit cards.
Although credit cards have an interest-free period, they are only for credit card consumption. There is no interest-free period for cashing, and a handling fee is charged.
What if the credit card has passed the repayment date?
If the credit card has passed the repayment date, it should be repaid immediately. Usually, most banks have a certain grace period for credit card repayment, usually 3 days. As long as the user pays off the arrears within the last 3 days of the repayment date, it is also regarded as repayment on schedule. If the credit card held by the user has no grace period or exceeds the grace period, the user will face a certain penalty interest and late payment fee, and the overdue record will be uploaded to the central bank's credit information system. If the amount involved is large, long-term overdue will face criminal punishment. Therefore, if users repay after the repayment date, they need to repay in time, keep repayment records and explain the situation to the bank.
For more information about what to do after the credit card repayment date, please visit: See More.
Is the credit card overdue after the repayment date?
Does the issuing bank provide time tolerance service for credit cards, that is, does the credit card have a grace period? If there is a grace period for repayment, the repayment one day after the repayment date is regarded as normal repayment, and the bank will not count the cardholder as overdue. The premise is that the cardholder's repayment amount shall not be lower than the minimum repayment amount, and of course it is best to repay in full. Judging from the current situation, most banks can provide a grace period of 1~3 days, but some banks do not. For example, ICBC, except for some cards such as Constellation Card, Struggle Card and ICBC Car Plus Card, can enjoy a three-day interest-free period, other ordinary cards have no grace period, and the day after repayment is considered overdue by the bank. First of all, it depends on which bank this credit card belongs to. If it belongs to ICBC, the late repayment will be overdue because ICBC has no timeliness service. Therefore, if you hold a credit card of ICBC, please be sure to repay it in time. However, although ICBC has no time to serve, it is the only bank in China that does not need to calculate interest at full penalty interest. In other words, even if you don't repay in full, the bank will only charge interest on the part you haven't repaid, and not on the part you have repaid.
If the cardholder holds another bank's credit card, one day overdue repayment is not overdue, because at present, other banks basically have a "time tolerance" policy. The so-called "time tolerance" means that the bank will give you an extra grace period after the last repayment date, usually 1-3 days. Paying back money within the grace period is not overdue. To put it bluntly, even if it is overdue for a day or two, there is no problem, and it is not a credit. If the money is returned after the grace period, it is likely to be uploaded to the personal credit information system. Here, Natsume solemnly reminds everyone that the repayment amount should be paid within the time limit. In order to avoid the delay of repayment time, don't wait until the last minute to repay. The so-called "tolerance" means that when the cardholder fails to repay in full in the current period, and the unpaid part is less than or equal to a certain amount (at least equivalent to RMB 10 yuan), the bank will calculate your full repayment, and the unpaid part will be automatically transferred to the next bill. If some banks fail to repay before the next billing date, it will affect the credit investigation. You will be punished at this time at most. If it is overdue due to special circumstances, contact customer service immediately to see if the penalty interest can be reduced. For example, Guangfa and China Merchants Bank have an opportunity to reduce the penalty interest every year. Of course, there are also some banks, such as Agricultural Bank of China, CITIC and Postal Savings Bank. If the minimum repayment amount is overdue, it should be recorded in the overdue credit report.
What does it mean that the credit card shows that the repayment date has passed?
If the credit card has a grace period of 1-3 days, then the minimum repayment date will be counted as normal repayment by the user. However, credit cards have no grace period and have passed the minimum repayment date, which will be considered overdue by users. As long as there is no repayment on the repayment date, it is regarded as overdue repayment. Overdue repayment will have overdue records of credit information, and will also generate overdue interest.
Of course, the user can choose to deposit the repayment amount into the credit card before the repayment date, so that the system will automatically deduct the money and the user will not be overdue.
According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 20021year, the Supreme People++promulgated and implemented the Provisions of the Supreme People++on Several Issues Concerning the Trial of Civil++Cases of Bank Cards.
Activate bank card
Because the credit card application is approved by post, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from being stolen, credit cards have card opening procedures before they are officially opened. Card opening is mainly through telephone or internet. , check the relevant personal information provided at the time of application, and go through the card opening procedures after meeting the requirements. At this time, the applicant becomes the cardholder and can officially start using it after signing on the back of the card. After a credit card is opened, it is generally necessary to set a password for the card.
After accepting a credit card, a credit card merchant or bank shall review the validity of the credit card and the identity of the cardholder.
What should I do if Everbright Credit Card passes the repayment date?
1. If the credit card repayment is within 3 days after the last repayment date, it is suggested that the cardholder can call the customer service phone of the bank to explain the reasons for the overdue repayment, and the bank may not record the overdue for the cardholder;
2. Conventionally, "tolerance service" means that the cardholder fails to repay in full in the current period, and if the unpaid part in the account is less than or equal to a certain amount (at least equivalent to RMB 10 yuan) after the due repayment date, it is deemed that the cardholder has repaid in full, and the unpaid amount will be automatically transferred to the next bill. "Time-tolerant service" is to provide cardholders with a certain period of repayment grace period service, and the repayment grace period is at least 3 days from the due repayment date; If the cardholder repays within the repayment grace period, it is deemed that the cardholder repays on time;
3. In terms of time capacity, Agricultural Bank and Industrial Bank have also been automatically executed by the system, but the staff said that if the final repayment date is uncertain, it is best to call customer service to confirm. Credit card holders of many banks, including China Construction Bank, China Bank and China Everbright Bank, can apply for a free extension of repayment date by telephone, usually for up to 3 days;
Despite the tolerance, the full penalty interest has not been completely cancelled. If the customer's overdue repayment amount exceeds the tolerance range of the bank credit card center, interest will still be charged in full. Therefore, the cardholder should pay back the credit card arrears on time. It is worth mentioning that ICBC is the only bank that imposes partial penalty interest, that is, the repaid part does not impose penalty interest;
5. If you don't pay in full before the due repayment date and you don't choose the minimum repayment amount of the credit card, you may face the following penalties:
(1) All consumption funds are no longer entitled to interest-free repayment, and the bank will calculate interest on a daily basis with the consumption amount as the principal, with a daily interest rate of 0.5 ‰ and compound interest on a monthly basis;
(2) Receiving phone calls and letters from banks;
⑶. Freeze your account, feed back your arrears record to the People's Bank of China and record it in your credit file, which will affect your personal credit;
If you really don't have enough money to repay in full on the due date, please choose the minimum repayment amount of the credit card. If you repay in this way, you only need to return 10% of the total cost each time, so that although there is no interest-free repayment period, you can avoid personal credit damage.
What should I do if the credit card repayment period expires? Repay in full at the first time.
With the popularity of credit cards, in order to better enjoy preferential activities and rights, many card friends will handle multiple credit cards. Cardo, the repayment date of credit card is different, so it is inevitable to miss the final repayment date. What if the credit card repayment period has expired? If you don't want to affect your personal credit, please repay in full as soon as possible and ask the bank to explain the situation.
1, the credit card repayment period has just passed two or three days.
Every credit card has a fixed repayment date, and overdue repayment will be considered after the last repayment date. However, banks also have humanized regulations to provide "time-tolerant" services. Although the credit card repayment period has passed, it is still within the tolerance range. Don't worry, pay back in full immediately, and call the customer service phone of the issuing bank to explain the situation, so that the bank won't record your overdue, and you don't have to pay interest and late fees.
The "time tolerance" service provided by different banks is different. Most banks have a three-day tolerance service. As long as the cardholder pays off the debt within three days after the final repayment date, it will not be recorded after the deadline, such as China Merchants Bank, China Construction Bank, China Guangfa Bank, Industrial Bank, China CITIC Bank, Ping An Bank and China Everbright Bank. Bank of Beijing and Agricultural Bank only have two days; ICBC has no time-sensitive service, and one day overdue repayment is considered overdue. Tolerance service, as long as the outstanding amount is less than 10 yuan RMB or equivalent foreign currency, will not be recorded as overdue.
2. Missed time tolerance service
If the cardholder's credit card repayment period exceeds the "time tolerance" stipulated by the bank, there will be overdue records, but it will take some time for the bank to report the cardholder's overdue situation to the People's Bank of China. As long as you repay the credit card in full before the bank reports the loss, and actively communicate with the bank, it shows that the bank will generally be lenient if it is not maliciously overdue.
3. Bad credit records have been reported to the credit information system.
What should I do when the credit card repayment period expires? Card friends can try the above three coping styles. As long as the cardholder actively repays the loan and communicates with the bank, even if a bad credit record is generated, it is not irreversible.
This is the end of the introduction about how long the credit card is overdue after repayment. I wonder if you have found the information you need?