Detailed description:
1. Reduce personal credit rating: overdue credit cards will be recorded in personal credit report, and credit rating will be affected. The level of credit rating is directly related to the credit certificate of individuals applying for loans, buying houses and handling credit cards in the future.
2. Reduce loan opportunities: After the personal credit rating is lowered, banks and other financial institutions will be more cautious when considering whether to issue loans. Applicants with low credit rating will face a higher rejection rate and it will be difficult to obtain a higher loan.
3. Raise the loan interest rate: Even if applicants with low credit ratings can get loans, financial institutions may raise the loan interest rate due to poor credit records. This is because financial institutions believe that applicants with low credit are more risky and need to raise interest rates to protect the rights and interests of lenders.
To sum up, 3 days overdue of Everbright Credit Card will affect credit reporting. Overdue repayment will reduce personal credit rating, reduce borrowing opportunities, and may lead to an increase in loan interest rates. Therefore, timely repayment is an important measure to maintain a good credit record.
Extended data:
China's personal credit rating is usually evaluated by public credit rating agencies such as Sesame Credit and Central Bank Credit Information System. These institutions evaluate individuals according to their credit records, overdue conditions, loan records and other factors. Credit rating is widely used in financial services, renting houses, and even employment background review. Therefore, maintaining a good credit record is of great significance to personal daily life and future development.