If your credit card is overdue, will it affect your ability to go abroad?

An overdue credit card will affect your visa. Most credit cards are VISA and MASTER cards. These 2 are international companies. Your creditworthiness is actually with international credit card companies. Having your credit checked when you go abroad will have a bad impact on you.

And since you can go to Japan, they must think that you are malicious in not repaying the loan. Affect your visa rate and creditworthiness. If you exceed the maximum repayment period, they will punish you. Repaying it will have no impact on your future travel abroad. There is no way to negotiate repayment with the bank.

Extended information:

1. Credit card:

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The front The name of the card issuer, validity period, number, cardholder name, etc. are printed on it, and there is a chip, magnetic stripe, and signature strip on the back. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

There is no need to pay cash when making purchases with a credit card. Repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

2. The consequences of an overdue credit card:

1. Liquidated damages are incurred, which are usually 5% of the minimum repayment amount and the unpaid part.

2. The interest is high, and the interest is compounded. The interest rate is very scary when the debt is large.

3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.

4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has failed to pay the debt multiple times, you will not only have to bear the responsibility of repaying the money, but may also bear criminal charges.