1. Will a credit card that is overdue for five days have a bad record?

A credit card that is overdue for five days will have a bad record. Because major bank credit cards generally only provide a three-day grace period for repayment, whether the cardholder forgets to repay or is overdrafted, once the payment is made beyond the final repayment grace period, it will be considered overdue.

In fact, even if you cannot afford to pay in full, at least choose the minimum repayment, otherwise it will be too late for the system to upload overdue records to the central bank’s credit investigation. When a cardholder's credit check is compromised, recovery isn't as easy. You'll need to wait for the cardholder to repay any balance owed, and then wait five years before a credit inquiry can be reinstated.

2. How long will it take for an overdue credit card to be prosecuted?

1. In order to save prosecution costs, early banks first adopted the form of phone calls and text messages to collect. If the cardholder's repayment effect is not seen and on-site collection actions are considered, basic personal life will be greatly affected.

2. When the cardholder continues to be overdue, the money owed by the cardholder will also accumulate to a certain extent. At this time, the bank will take prosecution measures. However, the bank also has ways to withdraw the lawsuit, depending on the speed of repayment and personal attitude. If at this step, the debtor must insist on being a bad person, once it meets the requirements of malicious overdraft, criminal liability is no longer a joke.

3. How to negotiate with the bank for overdue credit cards

1. First, after discovering that the credit card is overdue, the cardholder first calls the bank customer service center to ask whether he has been recorded in the credit investigation. . If it has not been incorporated into the credit inquiry system, there is still room for discussion. First, tactfully explain the reason for the overdue payment, and then show a positive willingness to repay, indicating that there will be no exceptions. At this time, the bank will usually ask the debtor to pay back the money.

2. If the overdue time is too long and has been uploaded to the credit investigation system, the bad record cannot be restored temporarily. We can only pay off the money first and then wait until the credit inquiry automatically resumes after five years. You can also continue to use this credit card and continue to cover the bad record with a new good repayment record, and the credit investigation will be restored after two years.

Don’t worry if your debt is overdue, one-on-one legal services will provide you with a solution.