Hello, if your credit card is overdue for six days, you will not be reported to the credit report

The most worrying thing for friends who use credit cards is that their credit cards are overdue;

Because once it happens If the card is overdue, the cardholder will not only bear high penalty interest, but also have a stain on his or her personal credit report. A bad credit report will have an impact on future card applications and loans;

Although everyone supports the seriousness of overdue payments, However, many cardholders still have overdue credit cards due to various reasons during the process of using their cards. So when will overdue credit cards be reported to the credit bureau?

The essence of a credit card is actually a personal credit loan product of a bank. The credit business of the bank is subject to a credit report;

So after the credit card is overdue, the bad records will be uploaded to the central bank. In the credit reporting system, the time for each bank to submit a credit report will be slightly different;

Each commercial bank reports a credit report to the central bank once a month, so it takes a while to report a credit report. Some banks It may be that after the user is overdue, the cardholder's overdue record will not be uploaded to the central bank's credit report until the next billing day;

For example, Shanghai Pudong Development Bank, China Guangfa Bank, Ping An Bank, etc. will not be uploaded until the next billing day. Credit reporting is required, so if a cardholder accidentally commits an overdue act, there may still be a chance for recovery before the bank reports the bad records to the central bank’s credit reporting system;

It is recommended that overdue users pay their arrears as soon as possible. Pay it off, and then proactively contact the bank, explain to the bank staff that you did not overdue the due date maliciously, and request the bank to delete the bad record;

As long as the cardholder’s reasons are enough to convince the bank staff, then report it to the credit report Previously, it was possible to delete bad records.

If the credit card you belong to has a grace period of more than 2 days, you are lucky. If the repayment exceeds the repayment date by 2 days, the bank will not report the overdue record to the People's Bank of China personal credit system'

If the bank mentioned in the credit card does not have a grace period, or only has a one-day grace period, it will definitely be reported to the credit report.

Credit reporting activities originated from the emergence and development of credit transactions. Credit is a special form of value movement that is conditional on repayment, including forms of currency lending and credit sales of goods, such as bank credit, commercial credit, etc. The modern economy is a credit economy. Credit, as a specific economic transaction behavior, is the product of the development of the commodity economy to a certain stage. The essence of credit is a creditor-debt relationship, that is, the creditor (creditor) believes that the fiduciary (debtor) has the ability to repay, and agrees to the fiduciary's promise to repay in the future. However, when the commodity economy is highly developed and the scope of credit transactions becomes increasingly broad, especially when credit transactions spread across the country and the world, it will be extremely difficult for one party to the credit transaction to understand the credit status of the other party. At this time, understanding the credit standing of market transaction entities has become a need, and credit reporting activities have emerged as the times require. It can be seen that credit reporting actually emerged and developed with the emergence and development of the commodity economy, and is a credit information service provided for credit activities.