For example, if I spend 3,000 yuan on a credit card, how much should I pay off at once?
It depends on when your monthly settlement date is. If all the money is If you pay before the monthly settlement date, you will pay it off in one lump sum on the repayment date. In other words, you can pay back as much as you pay before the monthly settlement date, and the rest will be paid on the next repayment date. For example, if I want to withdraw a thousand yuan now, how much will I pay back then? Mine is a CITIC Credit Card
The withdrawal fee is estimated to be 20 yuan. The interest is calculated on a daily basis, usually 0.05% per day. I spent 3,000 with my credit card. How much do I have to pay back?
If you have a credit card, it generally has an interest-free repayment period, but each bank is different. For example, ICBC, if you have an overdraft of 3,000 this month, you must pay it back before the 25th of next month. , that is, repay 3,000, the minimum is 20%, which is 600, and the rest will have to pay interest. I used a postal credit card to pay 17,200 yuan, and paid it off in 12 installments. How much should I pay back every month?
Each period is 1433.33 yuan. In addition, the interest is 103.2, and the total is 1536.53. I have spent 3,000 yuan on a credit card and haven’t paid it back for a year. How much should I pay now?
Well, if you haven’t paid it back for a year, the bank has frozen it, and you can only manually check it. You can calculate the interest by yourself at 0.5% per day. If you haven’t paid the minimum repayment amount, The five percent late payment fee, I estimate, is around 5,000.
For example, if I use a CCB credit card to withdraw 1,000 yuan on April 1st, when will I pay back the amount?
4 If you withdraw it on the 1st of the month, you can wait until the bill is issued at the latest and repay according to the last repayment date indicated on the bill. The interest is 0.05% per day. Credit card cash withdrawals start accruing interest immediately. If you don't use it anymore, it's most cost-effective to pay it back immediately. For example, I used a Bank of Communications credit card to pay 3,000. How much should I repay each month?
If you pay in installments, you will be charged interest. According to 6 installments, their interest is 0.0072, that is, 3000/6+3000*0.0072 is equal to 521.6 , you repay 521.6 per period. Dear, I used a postal credit card to pay 3,000. If I pay it off within 20 days, how much more will I have to pay back?
You first need to tell me whether you are using a debit card or a credit card. If it is a debit card, this problem does not exist. If it is a credit card, it also needs to be divided into whether it is swiping the card for consumption or withdrawing cash. If it is consumption, it is usually the most. There is an interest-free period of at least 18 days for 60 days. If you withdraw cash, there is no interest-free period. Interest will be calculated when you withdraw cash on the same day. For example, if I swipe 500 with a Bank of Communications credit card and then withdraw 810 in cash, how much should I pay back by the repayment date? How is interest calculated?
There is a 10 yuan handling fee for withdrawing 810 cash; in addition, interest will be calculated for cash withdrawals, and the daily interest = 810 * 0.05%, which will be calculated until it is paid off. Credit card purchases do not count as interest, as long as the payment is not overdue.
Repayment amount = 50811interest (810*5/10,000*number of days) If I open a credit card and spend 6,000 yuan. It takes three months to repay. How much will the interest be by then? Please answer
Overdue credit card repayments will have serious consequences. Overdraft consumption should be moderate. Although the biggest feature of a credit card is its overdraft function, it actually constitutes a loan relationship between the customer and the bank. Failure to repay when due may not only cause legal disputes, but also bear high penalty interest, and most importantly, Forming a bad record will have a negative impact on future work and life.
Consequences of credit card default 1
Bear high penalty interest. After a credit card defaults, the penalty fees usually involved are loop interest fees and late payment fees. Loop credit is essentially a small, unsecured loan that calculates interest on a daily basis. If the full amount is not repaid on the final repayment date, loop credit interest will accrue on the next statement and needs to be recorded from consumption. Interest is calculated from the date.
Except for ICBC, which imposed penalty interest on balances, the other 12 banks still imposed full penalty interest. Full penalty interest means that even if the customer repays part of the amount, the repayment portion will not be deducted when calculating penalty interest, and interest charges are usually calculated at a daily interest rate of 0.5%.
In addition, some banks stipulate that within 15 days from the bookkeeping date, the daily interest rate will be calculated at 0.5%, and if it exceeds 15 days, the daily interest rate will be calculated at 10%. If it exceeds 30 days or the overdraft amount exceeds the prescribed limit, the daily interest rate shall be calculated at 0.01%. Fifteen calculations, the longer the arrears are, the higher the penalty interest will be.
For example, assume that Ms. Li’s bill date is the 10th of each month, and the final repayment date is the 28th. She spent 10,000 yuan on July 11th, and on the 28th, Ms. Li’s funds became tight. I first paid the minimum repayment amount of 1,000 yuan, then the loop interest fee on the bill on August 10 is: 10,000 yuan × 0.5‰ × (July 28 ~ July 11) + (10,000 yuan ~ 1,000 yuan )×0.5‰×(August 10th ~ July 28th)=143.5 yuan.
If the cardholder fails to repay even the minimum repayment amount, in addition to the recurring interest fee, there will also be a late payment fee calculated at 5% of the unpaid portion of the minimum repayment amount. If Ms. Li only repaid 500 yuan, the late payment fee is (1,000 yuan ~ 500 yuan) × 5% = 25 yuan. In this case, the loop interest fee will rise to 146.75 yuan, and Ms. Li’s penalty interest for that month totals 171.75 yuan.
Consequence 2 of credit card default
Legal disputes. Recently, violent collection of credit cards has become a hot topic. Many bank credit card centers outsource credit card repayment collection to some so-called "debt collection companies." These companies have mixed quality and rough debt collection methods, causing great trouble to customers.
Not only that, defaulting customers may also face legal disputes. According to the provisions of the "Criminal Law", for malicious overdrafts of more than 5,000 yuan on a credit card, and the bank has not paid back after three months of collection, if the circumstances are serious, criminal liability may also be pursued for fraud. For defaulting customers, entering the judicial process will not only affect their reputation, but also incur more costs. In addition to paying off the arrears, they will also have to bear litigation costs, which is even worse.
Three Consequences of Credit Card Default
Leaving “credit stains” in the national credit reporting system. In 2006, the central bank established a national unified basic database of corporate and personal credit information. As long as you apply for a card or obtain a loan at a bank, your own "credit report" will be automatically generated in the system. "Taints" cannot be ignored. They will affect applications for various loans, insurance, job hunting, studying abroad, etc. Bad records are generally retained abroad for 7 years. In November 2012, the central bank's new version of personal credit report was launched. Overdue credit cards and loans before October 2009 will no longer be displayed, and overdue records will be retained for 5 years thereafter. This move means that citizens’ overdue negative records will no longer remain with them for life. If they can repay their loans in full and on time for five consecutive years, their credit can be restored.
Warm reminder: As an emerging payment method, credit card is also the simplest daily financial management method for consumers. Although overdraft consumption can reduce the financial pressure of daily consumption of cardholders, if the cardholder does not manage it properly or Without good financial management concepts, it is easy to end up with a mountain of bills and become a card slave. I would like to suggest that consumers be careful when using credit cards to pay off credit cards when they are under heavy bill pressure. They can apply for installment payment from the bank or apply for deferred repayment or extension of installments to relieve the pressure. At the same time, they should also reflect on themselves in a timely manner. Whether the consumption pattern is healthy and reasonable.