The time of deferred repayment varies from bank to bank, generally 1~5 days, which does not affect credit.
Related knowledge supplement:
1. When the payer of collection and acceptance settlement expires, it fails to pay or delays payment due to insufficient payment capacity. Simply put, it is a few days late in repayment.
2. If the borrower applies for a loan, but cannot repay it on time on the repayment date for some reason, the borrower may apply to the bank for deferred repayment. As for how long the repayment period can be extended, it depends on the bank's regulations.
3. If it is a credit card, there will generally be a default function of delaying repayment, which is also called repayment grace period. The time is about 3 days. If repayment is made within the grace period, the bank will also consider it as normal repayment.
4. When the payment is deferred, the issuing bank of the payer shall notify the payer and urge him to raise funds and repay the payment as soon as possible. At the same time, notify the receiving bank and forward it to the payee. After the payer receives the payment, the bank will deduct the money according to the deduction order stipulated by the state, and go through the transfer formalities, calculate the compensation according to a certain proportion of the delay days and the delay amount, and transfer the money together with the money. Receiving unit. For long-term delinquent units, banks can stop using collection and acceptance settlement methods and use letters of credit or remittance settlement methods to protect the legitimate rights and interests of recipients.
5. The difference between installment payment
Installment payment, payment on delivery or basic payment; When deferred payment is used, most payments are made in installments within a relatively long time after delivery.
When installment payment is used, as long as the final payment is paid, the ownership of the goods will be transferred; When payment is deferred, the ownership of the goods generally passes at the time of delivery.
By installment payment, the buyer does not use the seller's funds, so there is no interest problem; When deferred payment is used, because the buyer uses the seller's funds, there is a problem that the buyer must pay interest. Deferred payment is a form of foreign capital utilization by the buyer, and generally the price is higher.
When installment payment or deferred payment is adopted, remittance, collection and letter of credit payment are often combined, that is, letter of credit payment is the main payment method, and a small amount of payment or the final balance is remittance or collection.