1. Credit card overdue exemption policy
In most cases, overdue credit card interest cannot be exempted or exempted in principle, but it can be exempted if the following conditions are met.
1. Bank issues: If the credit card is overdue and accrues interest due to bank reasons, the cardholder can ask the bank to waive the interest.
2. Force majeure factors: If the cardholder is overdue due to major illness, unemployment, bankruptcy and other force majeure factors, he can take the initiative to explain the situation to the bank and then submit supporting documents. The bank will consider it at its discretion and reduce or reduce the payment. of interest.
3. Other reasons: If the cardholder has reached a deferred repayment plan with the bank before the repayment date, but the bank still deducts the payment on the repayment date, the overdue interest generated in this way can also be requested to be waived by the bank. of. If you need a lawyer to intervene, you can find one.
2. How long does it take for a credit report to be filed after the credit card is overdue? 1. More than 3 months; if it occurs 6 times or 6 times in 3 months For the above overdue behavior, the bank will set you on the credit blacklist, and this list will be uploaded directly to the central bank center. Then you will not be able to apply for credit services in the next five years, which will actually have a great impact on you.
2. Overdue for three consecutive times; if the credit card is overdue three times in a row, the bank will characterize it as a malicious overdue credit card. Once it is determined as a malicious overdue credit card, the consequences will be more severe than the consequences of an overdue credit card. serious. Banks will also initiate legal measures to protect their own rights and interests in accordance with the law, and the scope, breadth, and depth of the negative impact will be unimaginable.
3. How serious are the consequences of an overdue credit card?
1. Additional penalties: If the cardholder’s credit card is overdue, the bank will carry out a series of collection work and also remind the cardholder. Pay liquidated damages. The longer the overdue period, the higher the liquidated damages.
2. Unable to apply for a loan: If your credit card is overdue, it is easy to be listed in the credit bureau. Once there is a credit stain, the bad overdue records will be kept for 5 years. Serious overdue loans will be put on the credit bureau blacklist, and subsequent applications may not be accepted. to the loan.
3. Blacklisting: If a credit card is seriously overdue, it will be blacklisted, restricting the cardholder's consumption and travel, and more seriously, it will affect the children's ability to attend high-end private schools.
4. Prosecution: If the credit card is overdue for three months and has not been paid after two collections by the bank, the bank has the right to sue the cardholder and force the cardholder to return the outstanding amount.
Legal basis:
Article 16 of the "Credit Reporting Industry Management Regulations": The credit reporting agency's retention period for personal bad information is 5 years from the date of termination of the bad behavior or incident. years; if it exceeds 5 years, it should be deleted. During the retention period of adverse information, the information subject may explain the adverse information, and the credit reporting agency shall record it.