The credit card arrears of Guangfa Bank for six months will have a negative impact on users' personal credit. If it is overdue, it will generate interest, which will affect the credit investigation. In serious cases, it will be prosecuted by the court and imprisoned. The adverse consequences caused by overdue credit cards are as follows:

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.

Users should take the initiative to repay their credit cards when they find them overdue. After coordination with the bank, if the bank agrees that the user can repay with the minimum monthly repayment amount, the user can still repay with the minimum monthly repayment amount.

Extended data:

Precautions for overdue credit card of Guangfa Bank:

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.

If you haven't paid all the credits, you can pay the minimum repayment amount 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.

The consequences of overdue repayment of credit cards are serious, and overdraft consumption should be moderate. Although the biggest feature of credit card is overdraft function, it actually constitutes the loan relationship between customers and banks. Failure to repay at maturity may not only cause legal disputes, but also bear high penalty interest. The most important thing is to form a bad credit record, which will adversely affect future work and life.

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Baidu encyclopedia-overdue repayment

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