Detailed description:
1. It is quite common for a credit card to be stopped by a bank after three months overdue. Once the credit card expires beyond the time limit set by the bank, the bank will freeze the credit card and stop the cardholder's right to use it.
2. In this case, the cardholder can no longer maintain the right to use the credit card by paying the minimum repayment amount. The minimum repayment amount is only to avoid overdue penalty interest and bad credit records caused by overdue, but not to fully repay the payable amount.
3. after three months overdue, the cardholder needs to contact the bank as soon as possible to understand the specific repayment requirements and solutions. It may be necessary to pay off all the arrears or pay in installments as required by the bank to solve the overdue problem.
Summary:
The credit card of Shanghai Pudong Development Bank has been suspended for three months, so the minimum repayment amount cannot be used. Cardholders need to take the initiative to contact the bank as soon as possible to understand the specific repayment requirements and take corresponding measures to solve the overdue problem.
Extended information:
Overdue credit card repayment will have a negative impact on personal credit records, affecting the future loan application, credit card application and approval of other financial services. Cardholders should always abide by the credit card repayment regulations to avoid overdue situations. When there is overdue, it is the key to solve the problem by communicating with the bank in time and making a repayment plan. In addition, overdue repayment may lead to additional overdue penalty interest and late payment fees, which will increase the repayment burden.