What will happen if the credit card is overdue for a long time?

First, there will be overdue penalty interest

If the credit card is overdue, the overdue interest will be calculated from the day it is overdue until the day it is paid off, and the interest will be compounded monthly.

second, it affects personal credit

overdue credit cards will be reported to the credit information system, and overdue bad credit records will directly affect personal credit evaluation.

3. If the credit card of the bank

is overdue for as long as it is not returned for three months, the bank has the rights of the party concerned, and once it is taken by the bank, it may not only bear civil liability, but also be included in the list of untrustworthy people because of the serious overdue situation.

IV. Repeated collection

After the credit card is overdue, the bank will collect it.

Credit investigation is an activity of collecting, sorting, preserving and processing the credit information of natural persons, legal persons and other organizations according to law, and providing credit reports, credit evaluation and other services to help customers judge and control credit risks and conduct credit management.

Credit investigation is the establishment of credit files for individuals or enterprises by professional and independent third-party institutions, which provides a platform for professional credit institutions to enjoy credit information.

what does bad information mean? Bad information refers to information that has a negative impact on the credit status of the information subject, such as information that the information subject fails to perform obligations in accordance with the contract in activities such as lending, credit purchase, guarantee, lease, insurance, and credit card use, information on administrative penalties imposed on the information subject, information that the people judge or order the information subject to perform obligations, and information that is enforced.

what do some nouns of "overdue" information recorded in the credit report mean?

Did you see some terms used in the credit report to record "overdue"? In fact, it is very simple. For example, the current number/amount of overdue periods refers to the current number and amount of consecutive overdue periods; The overdue month refers to the month when the loan or credit card is overdue; The number of months/amount overdue refers to the number of months that a certain overdue behavior has lasted up to now and the amount that should not be paid back.

how long will the bad information be kept? A lifetime record of dishonesty? Bad information will not be accompanied by life. The retention period of bad information is 5 years from the date of termination of bad behavior or incident. For example, if the mortgage is forgotten in October, it will be overdue, and the overdue record will be automatically eliminated after 5 years from the date of paying off the mortgage arrears in October.

what should I do if I find that the bad information is recorded incorrectly?

if you think there are errors or omissions in the information collected, saved and provided by the credit reporting agency, you have the right to raise objections to the credit reporting agency or the information provider and ask for correction. After receiving the objection, the credit reporting agency or information provider shall mark the relevant information in accordance with the regulations, check and deal with it within 2 days from the date of receiving the objection, and give you a written reply.

What will happen if a credit card fails to repay for three months?

Generally, the consequences of a credit card failing to repay for three months include: 5% late payment fee for the minimum unpaid part, full penalty interest on the bill (five ten thousandths of the daily interest, interest will start to accrue on the day of consumption, and interest will be recovered on a monthly basis until the principal and interest are paid off), and bad credit records will be generated in the Credit Information Center of the People's Bank of China, which will seriously affect the application for credit cards and bank loans within five years. If the payment is overdue for more than three months or the bank has made more than two reminders, the bank will freeze the card and list it as a prohibited customer (blacklist). At the same time, you will be forced to use your credit card and malicious overdraft. If you refuse to pay back later and the amount owed exceeds 1 thousand, you will be sentenced according to the crime of credit card. Article 196 of the Criminal Law: The crime of credit card is committed under any of the following circumstances. If the amount involved is relatively large, it shall be sentenced to not more than five years or criminal detention, and a fine of not less than 2, yuan but not more than 2, yuan shall be imposed. If the amount is huge or there are other serious circumstances, it shall be sentenced to not less than five years but not more than ten years, and a fine of not less than 5, yuan but not more than 5, yuan shall be imposed; If the amount is especially huge or there are other particularly serious circumstances, it shall be sentenced to not less than 1 years or, in addition, a fine of not less than 5, yuan but not more than 5, yuan or confiscation of property: (1) using a forged credit card or using a credit card fraudulently obtained with false identification; (2) using an invalid credit card; (3) Fraudulent use of another person's credit card; (4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the act that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and still refuses to return it after being urged by the issuing bank. Those who use credit cards simultaneously shall be convicted and punished in accordance with the provisions of Article 264 of this Law.

what will happen if the credit card has not been used for 3 months? This is the most serious consequence

Credit cards will be overdue if they are not repaid, and the consequences will be different according to the overdue time. For example, 3 days overdue and 3 months overdue are definitely not the same grade, and the number of overdue times marked on the credit report is also different. Here, let's briefly introduce, what will happen if the credit card is not returned for 3 months? Let's take a look.

It is a serious overdue behavior that a credit card is overdue for three months. On the basis of phone calls, text messages and door-to-door collection, banks will take tough measures, that is, they will go. Many people may think that it doesn't matter. Isn't it just that the bank wants to pay back? Then it's not enough to pay off the credit card that has been owed for three months, but it's actually not that simple.

This should be discussed in two situations:

1. The credit card has not been returned for three months, and it is an act of maliciously overdrawing the credit card for the purpose of subjective occupation. Once the principal reaches 5, yuan, and it is not returned after being effectively collected by the bank twice, it will be considered as a credit card crime, and the penalty will be imposed according to the overdraft amount. However, according to the criminal policy of combining leniency with severity, if the overdraft interest is repaid before the judgment or the public security organ files a case, it may be given a lighter punishment or criminal responsibility may not be investigated.

2. If the credit card has not been paid back for 3 months and the principal is less than 5, yuan, although it does not constitute a credit card crime, it still belongs to a civil case with the bank. After the judgment, the cardholder will be allowed to pay off the debt within a certain period of time. If he has the ability to pay back, he will refuse to execute the judgment, and he may also be jailed and sentenced for refusing to commit crimes.

To sum up, it is no small matter to use a credit card for three months. In addition to affecting the credit if it is overdue, the cardholder may be punished after being taken by the bank, so we should not easily overdue it.

what's the impact of paying back the credit card for several months?

if the credit card is overdue for three months, the result will be very serious and will be reported to the credit bureau. If our personal credit information is tainted, it will be restricted in many aspects in the future. For example, when we borrow money in the future, it will be very difficult to borrow money if there is a credit stain, and the consequences will be extremely serious, so I hope that everyone will not owe credit cards for more than three months.

1. Classification of credit card default:

The consequences of owing a credit card are very serious, which will stain our credit information, so I hope you don't owe a credit card unless you don't want personal credit information. The penalty for overdue credit cards is ten days. Generally speaking, if the credit card is overdue for about three days, there is no consequence. In most banks, the overdue of about three days is not regarded as overdue. Usually, the repayment date can be extended by one to three days. As long as the payment is paid back, there will be no problem, but once it is overdue for about 3 days, the personal credit will be reported to the central bank, and 1 will be recorded in your credit column. At this time, it is not very serious. You can negotiate with the bank to get rid of this record. You must declare that it is not a malicious breach of contract, but if it is overdue for about 9 days, it will be regarded as a malicious breach of contract. At this time, it is impossible to negotiate with the bank.

2. Consequences of credit card default:

The consequences of personal credit card overdue for 9 days are very serious, mainly in three aspects. The first aspect is that personal credit information is tainted. If personal credit information is tainted, all banks will check the credit information stain through UnionPay at present, and all loan applications will be rejected in the next two years. In the second aspect, breach of contract for more than 3 days will not only charge penalty interest, but also charge a certain share of liquidated damages. The third point is that if the amount of default is too large, or the time is too long, it will be punished by the bank.

3. what should I do after the credit card defaults?

so what should we do if the credit card is overdue for more than three months? At this time, it is recommended to return some funds in one lump sum, and never return some of them. Because the bank's money is given priority to deduct interest and liquidated damages, if it is only part of it, it will still be overdue. It is better to coordinate with the bank and reach an installment repayment agreement. Generally, the bank will give it a five-year period, and repay it on time every month, so the bank will not continue to collect debts.

what will happen if the credit card is overdue for three months?

If the credit card is overdue for three months, it will have the following consequences:

1. It will be reported to the People's Bank of China's credit blacklist. If the credit card is owed more than 1, yuan, it will be regarded as a "malicious overdraft" and it will be subject to certain criminal responsibility if it is not returned after being urged by the issuing bank twice for more than three months;

2. Bad credit records will be generated;

3. There will be overdue interest, which will be charged at the rate of five ten thousandths of the daily interest;

4. There will be a late payment fee, which is usually charged at 5% of the overdue amount.

Extended information:

1. Credit card

A credit card, also called a debit card, is a credit certificate issued by a commercial bank or a credit card company to a consumer with qualified credit. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

2. Credit card repayment method

1. Repayment in the issuing bank: repayment can be made at the issuing bank's counter, ATM, online banking, automatic transfer, telephone banking, etc. Generally, the payment can be recorded after being processed by the system on the same day, and the repayment time in this way is fast and stable.

2. Transfer/remittance repayment: No matter which method is used for transfer or remittance, the remitting bank will charge a certain handling fee, which is less convenient than in-bank repayment and online repayment of the issuing bank.

3. Online repayment: repayment can be made on online payment platforms such as Alipay, Tenpay, UnionPay, etc. Different platforms have different charging standards and arrival time, which is the most convenient of the above three repayment methods.

3. Credit investigation

Credit investigation is an activity in which a professional and independent third-party organization establishes credit files for individuals or enterprises, collects and objectively records their credit information according to law, and provides credit information services to the outside world according to law. It provides a platform for professional credit institutions to enjoy credit information.

Poor credit reporting will affect other credit business, employment, spouse's credit qualification and even children's education.

Personal suggestion:

A credit card that is overdue for three months will not only generate high overdue interest and late payment fees, but also affect credit reporting, which will cause inconvenience to individuals and families in the future. It is recommended that cardholders pay off their debts in time. If the personal funds are insufficient and unable to repay, it is recommended to communicate with the bank in advance to explain that it is not a malicious debt and negotiate a solution.

Consequences of four months' unpaid credit card

Consequences of four months' unpaid credit card are as follows:

First, the big data of credit card users have been uploaded to the central credit investigation, and there are bad credit investigation records, which will have an impact on credit card users' future loan affairs and credit card applications;

second, the credit card of the credit card user will be temporarily suspended and can be used after repayment;

3. Credit card users will pay a penalty interest from the overdue day, and interest will be compounded monthly;

fourth, the bank will collect the arrears of credit card users;

5. If the overdue situation is serious or the overdue amount is large, the bank may ask the user to make repayment.

under normal circumstances, the bank will blacklist users who have not paid their debts for three months, and then hand over the dunning to the third-party dunning company, and the bank's customer service will also contact the debtors. If the amount owed is getting bigger and bigger, it will be easier and easier. If the debtor is sued for the crime of malicious overdraft, then the party concerned will be listed as one of the people who have broken their promises, which will limit the freedom of this person in the future, such as cars, high-speed trains and plane tickets will not be sold to this person when traveling.

If it is very serious, it is very likely that the debtor will betray his criminal responsibility during the court session. After that, the debtor still has to pay off the debt and bear the cost of the lawsuit. In addition, after an individual's credit report is blacklisted, it will be restricted by all aspects in the future because of this bad record. This kind of situation will usually be cancelled and returned to normal five years after paying off the arrears.

credit card installment payment method:

1. Shopping mall installment

Also known as POS installment, refers to the cardholder's shopping in a shopping place, such as a "shopping mall" that can be staged. At the time of checkout, hold the credit card that supports installment in the mall to explain that installment payment is required. Then the cashier will swipe the card on a special POS machine according to the number of periods required by the cardholder (such as 3 periods, 6 periods, 12 periods, etc., and a few shopping malls support 24 periods).

2. mail order installment

means that the cardholder receives the installment mail order catalog manual (or the online installment mall of the bank) sent by the card issuing bank and selects from the limited commodities. Then, the bank will order by installment through online installment mall, telephone or fax the installment application form, etc. Generally, there is no handling fee for mail order installment regardless of the number of installments. However, due to the long ordering cycle (in many cases, it will take more than 15 working days to get the goods) and the relatively complicated return and exchange, it is recommended to make more comparisons before buying.

III. Installment of bills

This is the most convenient installment method, and all card-issuing banks can basically support this installment method, and the application is simple. Users only need to apply for installment to the issuing bank by telephone after spending their credit cards and before sending monthly bills. However, it should be noted that banks will stipulate some special cases, such as speculative credit card can not be successfully phased. So before staging, be sure to read the staging manual carefully.

let's stop talking about what will happen to credit cards after a few months.