It's best to continue to use this credit card to pay off after the credit card is overdue. You can maintain a good credit record by spending and swiping your card on time every month. This only needs to be kept for 5 years, and the bad credit record will be automatically eliminated. You can cancel your credit card after 5 years.
1. Can I resume my credit card after cancellation?
1. Card cancellation: If the cardholder cancels the card, not only will the credit card be cancelled, but all the information of the cardholder will also be deleted from the banking system. In this case, cancellation cannot be resumed.
2. Card cancellation does not mean account cancellation: in this case, the cardholder only cancels one credit card, and the cardholder's personal information remains in the banking system. If the cardholder regrets canceling this credit card, he can apply to the bank for recovery, so that the cancelled credit card will be recovered.
Second, how to remedy the overdue credit card?
1. Repay as soon as possible: Once the cardholder finds that the credit card is overdue, it is best to repay as soon as possible. Short-term overdue has little effect on the normal life of cardholders.
2. Don't lose contact: After the credit card is overdue, don't lose contact and run away. Be sure to keep your mobile phone open and answer bank calls. Otherwise, refusing to answer the phone call from the bank can easily be judged as malicious overdue by the bank, and there is a risk of being sued by the bank.
3. Don't cancel the card: Remember not to cancel the card after the credit card is overdue, so that the overdue record will always remain in the credit record. It's best to continue to use this card, repay it on time every month, and keep a good credit repayment record to cover the previous bad overdue records.
4. Take the initiative to call the customer service of the bank: After the credit card is overdue, you must pay off the arrears as soon as possible, and explain the situation to the bank to eliminate the overdue records.
The above is the introduction of whether the credit card is overdue or not. Once the credit card is overdue, it is recommended that the cardholder repay it as soon as he has the financial ability. Remember not to cancel the card after paying off the debt. It is best to continue to use this card, spend reasonably every month, repay on time, and maintain a good credit record to make up for the previous bad credit.
Legal basis:
Measures for the supervision and administration of credit card business of commercial banks
Article 9 The term "card issuing business" as mentioned in these Measures refers to the relevant banking services provided by card issuing banks after signing contracts with qualified customers according to the evaluation results of customers.
Card issuing business includes marketing promotion, credit approval, card production and issuance, transaction authorization, transaction processing, transaction monitoring, fund settlement, accounting processing, dispute handling, value-added services and debt collection.
Article 69 A credit card collection letter shall fully disclose the following basic information to the cardholder: the cardholder's name and balance in arrears, the reasons for collection and relevant laws and regulations, the cardholder's relevant rights and obligations, the status of account inquiry, repayment, the way to raise objections and provide relevant evidence, the contact information of the issuing bank, the official seal of relevant business and other contents stipulated by the regulatory authorities.