Reporting loss of credit card

1. What are the status of personal credit card account? It is understood that the credit card account status displayed on the credit report is divided into six types: normal, frozen, stop payment, bad debt, account cancellation and inactive. Each status corresponds to different credit card usage.

2. Relevant information shows that the credit card account status shown in the credit investigation report is divided into six categories: normal, frozen, stopped payment, bad debt, account cancellation and inactive. Credit card usage varies with each status.

3. Normal: This means that the use of the credit card is unrestricted and can be used as a normal card. Here, it also includes credit cards that are not expired, or credit cards that are not severely expired and not subject to bank restrictions. The credit card account status can be considered normal.

4. Freeze: Also known as card seal, this means that the credit card is restricted from using the card. Although the account still exists, the card may still have a restriction that means you can't swipe it or withdraw cash. Usually, this is because the card has seriously expired or been used illegally and is controlled by the bank. Since most accounts are permanently frozen, it's best to cancel the account once you've paid off the balance you owe.

5. Stop payment: The use of the card is also restricted, but the degree is lower than freezing. The bank can automatically stop payment or the cardholder can apply to the bank to stop payment. When a cardholder applies to report the loss of a credit card, the credit card is in a stopped payment state and cannot be used to make purchases or withdraw cash; or if there are unexpected or abnormal transactions on the credit card, the bank system will take emergency measures to stop payments to ensure the safety of funds.

6. Bad debts: There are two types of bad debts: debt bad debts and overpayment bad debts. Generally speaking, credit cards have no transactions for more than 180 days, but if there is debt or overpayment, the bank will treat it as a bad debt. Once bad debts are recorded in letters of credit and not dealt with promptly, they may not be able to deal with bank credit business for life.

6. Account cancellation: refers to canceling a credit card without creating a new record. It should be reminded that if the credit card expires and the account is canceled, the expired records will not disappear because new records will not be generated and will not be overwritten. 6. Inactive: If the processed credit card is not opened, the card issuer, card issuance time, credit card limit, etc. will still be displayed.