1. Is a one-day delay in repayment of a credit card considered overdue?

Will a credit report be filed if a credit card is overdue for one day? Not all commercial banks in my country will If a credit card is overdue, it will be reported to the credit reporting system immediately. Generally, a certain grace time will be allowed. This relationship time will vary between different banks.

For example, if your credit card repayment date this month is the 10th of this month, then under normal circumstances the bank will give you a grace period of about three days, so even if your credit card is one day overdue, it will still not be due. have any impact.

2. What will happen if your credit card is overdue?

An overdue credit card will first be reflected on your personal credit report, because using an overdue credit card is a dishonest act and violates The principle of good faith has been implemented and included in the personal credit report in accordance with the law.

Under normal circumstances, in our country, as long as it involves a bad personal credit record, handling credit reporting business will not go particularly smoothly. When a credit card is overdue for more than three consecutive repayment periods, or there are six credit card overdue behaviors within two years, it is considered a serious credit card overdue. Under these conditions, it is basically impossible to apply for a commercial loan.

On the other hand, overdue credit cards will generate high overdue interest and liquidated damages. Currently, the overdue interest on credit cards in my country is calculated at 0.5%, and the compound interest calculation method is calculated on a daily basis. Liquidated damages are charged in accordance with relevant regulations of the People's Bank of China. Generally speaking, when a credit card is overdue for a long time and the overdue amount is large, the sum of overdue interest and overdue liquidated damages will be relatively large, creating overdue pressure.

3. Can you still borrow money after the credit card is overdue?

When the credit card you hold is overdue, whether you can still borrow money should be discussed on a case-by-case basis. Suppose your credit card is not overdue for a long time and the money you owe the bank is not particularly large. As long as you can pay off the bank money in the first time, then to a large extent you can still borrow a loan from a commercial bank.

However, if your credit card is overdue for a particularly long time and the amount is huge, it is possible that your personal credit report already has a bad record or has entered a personal credit blacklist. Once you leave a bad record or enter the blacklist, it will have a great negative impact on your application for a commercial loan. Commercial banks with stricter review procedures will directly reject your loan application.

In special circumstances, you can click the consultation button on the right. The website provides professional lawyers to answer questions and help you solve your repayment problems so that you can return to your normal life.