The reason is that the loans matched on the Jiufu Puhui online loan platform were not repaid within the repayment date, resulting in overdue payments;

Overdue payments will accrue interest and affect credit reporting, which is serious. They will be prosecuted in court and imprisoned. 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.

Extended information:

Overdue violation, three days overdue. As long as one day exceeds the deadline, it is overdue. Being overdue on a credit card does not mean that you don’t pay back the last payment date, but it means that you don’t pay back until the next month’s bill date. Failure to repay overdue payments will affect your credit score and incur liquidated damages and interest. In serious cases, you will be sued by the court and imprisoned.

Generally speaking, each bank will charge a certain amount of interest for overdue repayment. Each bank is different, usually an interest of 0.05%. However, the interest accrual date is calculated from the date of consumption, not the date after the final repayment date.

It is recommended that if the entire limit is not met, you can pay the minimum repayment amount first, which will not affect your credit limit. At the same time, there will be a buffer period to facilitate the bank to understand the capital flow of your account in a timely manner. Freeze the account.