Overdue is a breach of contract, and you have to bear the penalty interest, which will leave bad information on the credit information.
The total consumption of the previous period will arrive on the billing date and be repaid before the end of the repayment date.
Consequences of overdue:
1, bear high penalty interest;
2. Causing legal disputes;
3. Leave a "credit stain" in the national credit information system.
The suggestions are as follows:
1, it must be made up immediately, and a part of the penalty interest must be paid. It is recommended to hand in more, so that the bad records can be cleared temporarily. If the payment is overdue for more than one month, the next repayment shall pay off the monthly payment for two months and the penalty interest for the previous month in one lump sum;
2. If there is no delay in the future, after one year, the computer will eliminate this bad record;
3. The repayment is postponed, but the repayment period will not be postponed, and only a bad record will be left forever;
4. Remember to pay off the previous monthly payment and penalty interest before the repayment period next month.
Generally, if a credit card fails to repay more than three times, you can apply for a credit card but the amount is small, or you can borrow money, but the interest is high. Those who repay more than six times or fail to repay once will be blacklisted, and you can't apply for credit cards and loans.
For the purpose of illegal possession, if the cardholder overdraws beyond the prescribed limit or term, and fails to return it for more than three months after being urged twice by the issuing bank, it will be regarded as "malicious overdraft". Refers to the provisions of the criminal law, malicious overdraft of credit cards of more than 5,000 yuan constitutes a crime of credit card fraud and can be sentenced to fixed-term imprisonment of not more than 3 years; Malicious overdraft of more than 50,000 yuan and less than 200,000 yuan is a huge amount, and may be sentenced to fixed-term imprisonment of more than 5 years 10 years; More than 200,000 yuan is a huge amount, and the sentence exceeds 10 years.