If the credit card is overdue and the credit card debt is settled, it can be cancelled, but the customer had better not cancel it immediately. After a large sum of money is overdue for a long time, customers should not go to the bank to apply for cancellation as soon as they pay back the money. If the customer keeps a stable record of continuous consumption in the future use, the overdue record will be covered by a better credit record supplemented by the customer two years after the loan is settled, so that it will not affect the customer's application for other business in the banking institution in the future. The above is related to whether the credit card can be cancelled after overdue repayment.

What are the consequences of overdue credit cards?

1, overdue penalty interest and liquidated damages: if the customer fails to pay off the arrears on the repayment date or after the transition period, it will be deemed overdue, and he will no longer enjoy the interest reduction of the credit card, so he needs to pay a certain penalty interest and liquidated damages to the bank. From the second day of the credit card bill transaction, the penalty interest will be deducted by five ten thousandths of the total amount every day. If the arrears are not paid off in the next period, the interest will be compounded once every period, and 5% of the unpaid part of the minimum repayment amount will be deducted;

2. Affect personal credit information: loans overdue will upload it to the central bank's personal credit information system, and overdue records on personal credit information will affect the bank's loan processing and credit card application;

3. Bank collection: within 7- 15 days in loans overdue, the bank will send a collection message and a collection phone to remind customers to repay;

4. The bank brings a lawsuit: if the overdue time exceeds 90 days and the overdue amount is large, and the bank still refuses to repay the loan after two reminders, the bank brings a lawsuit and the court will make a judgment.

How to cancel a lost credit card?

If the credit card is accidentally lost, consumers are afraid of being stolen by others, so if you want to cancel the credit card, you can directly call the manual customer service phone of the credit card banking institution, and then explicitly apply to the customer service staff for credit card cancellation. Of course, consumers need to ensure that there are no outstanding bank statements or unnecessary credit card overpayments, otherwise they will not be able to successfully cancel their credit cards. This article is mainly about whether the credit card can be cancelled after overdue repayment. The content is for reference only.