When is a credit card considered overdue?

A credit card that is not repaid within 3 months after collection is considered overdue. Article 149 of the Civil Procedure Law stipulates that cases tried by the people using ordinary procedures shall be concluded within six months from the date of filing the case. If there are special circumstances that require an extension, it can be extended for six months with the approval of the president of the hospital; if it still needs to be extended, it must be submitted to the superior people for approval

Credit cards, also called debit cards, are issued by commercial banks or credit card companies. A credit certificate issued to credit-qualified consumers. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card.

This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal organizations.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card.

The gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

It takes a long time for a credit card to be considered overdue

A credit card is overdue: It does not mean that you don’t pay back after the last payment date, but it means that you don’t pay back until the next month’s bill date. Relevant knowledge points about credit card overdue: 1. Overdue in the current period: It means that the bill came out last month and the payment has not been paid by the latest repayment period, or the repayment is less than the minimum repayment amount, this is considered overdue in the current period. 2. Continuous overdue: It means that the minimum repayment amount of the bill has not been paid for more than two consecutive months, which is considered continuous overdue. 3. Cumulative overdue: It is the total number of times your bill is overdue in the current period. Points to note about overdue credit cards: 1. Overdue credit cards in the current period will not affect your personal credit record; 2. If you are overdue for more than 5 times in total (inclusive), your personal credit will decline, and the direct impact is that you will not be given a credit limit within two years; 3. Continuous overdue credit cards will not affect your personal credit record. More than 3 times (inclusive), your personal credit will decline, and the bank will start calling you to collect debt; 4. If you are overdue more than 5 times (inclusive) in a row, your personal credit will drop rapidly, and the bank will start calling your home, friends, and company; 5. If you owe money, If the debt exceeds 5,000 yuan and is continuously overdue, the bank can file a civil lawsuit based on your personal performance; 6. If the debt exceeds 10,000 yuan and is continuously overdue, the bank can file an appeal with you and hold you criminally responsible (you may be jailed) ). Article 33 of the "Credit Information Industry Management Regulations"

When does a credit card overdue start to count?

1. Credit cards have two concepts: billing date and repayment date (also called the final repayment date):

2. The billing date is the transaction within a billing cycle. The day of reckoning.

3. The repayment date is a return period. The main function of the repayment date is for banks to determine whether the cardholder has a malicious overdraft tendency and to determine the cardholder's financial status.

Therefore, repayment after the final repayment date will inevitably result in an overdue record. Whether this record can be changed from the central bank requires further negotiation with the card issuing bank.

4. However, most banks have a grace period for credit card repayments. Usually there is a grace period of two to three days. During this period, if the repayment can be made on time, the credit card is not considered overdue. However, some banks do not provide time-limited services. For example, if the repayment date of Industrial and Commercial Bank of China is overdue, the grace period for credit card repayment of Agricultural Bank of China is 2 days. If the payment is made on the 25th, the payment will be considered overdue after the 27th.