Moreover, if the cardholder fails to repay according to the final repayment period of the bill or the minimum repayment amount on the bill when spending or reflecting by credit card, once this situation lasts for as long as three months or more than 90 days at a time, it will cause bad credit information. The unpaid amount will be calculated at the interest rate of five ten thousandths from the date of your consumption, and interest will be charged, and a late fee will be charged at the rate of five percent of the minimum repayment amount every month.
When your card is cleared and cancelled, when you check the credit card in your name, it will show that your card has been cancelled, but the debt still exists, which will show how much money you still owe. If you still need to apply for a loan or credit card in your bank, the premise is that you need to pay off the debt.