1. The biggest feature of a credit card with an overdue annual fee is that you can get a free credit limit. In addition to the annual fee and loan installment fees, it is basically a free credit tool, and the annual annual fee can also be used for the number of credit card swipes. offset. However, this situation occurs to many users. Credit cards that are not used after activation, or do not swipe the credit card for a long time, may result in annual fees. This will be recorded in the bill and needs to be repaid in time, otherwise it may become overdue, 90 Days and above are considered serious. If the annual fee is overdue, you can try to explain the situation to the bank and have a chance to repair your credit report. Remember to repay the money in time. If you no longer use it, you can cancel the credit card.
2. If someone’s overdue credit card is used by family or friends without their knowledge, or if the credit card is lost, has information copied, or is defrauded, you should contact the police as soon as possible and report to The bank explains the situation. Don't think it has nothing to do with you. After all, the stolen credit card is bound to your own credit record, which will have a great impact on applying for a credit card, buying a house or a car in the future.
3. If the overdue period is more than 90 days due to malicious intent, the credit record will basically be blacklisted. Before accepting the loan application, the bank will first check the borrower's credit report. If it is found that the borrower has been overdue in the past two years, If it is seriously overdue, it will be difficult to handle business again. In addition, the bank will calculate penalty interest after the credit card is overdue. The longer the time, the higher the fee. It is calculated on a daily basis. It is generally calculated based on 5% of the unpaid portion of the minimum repayment amount, with a minimum of 10 yuan (RMB).