If the credit card payment is one day late, the interest payable is a late payment fee of 5% of the unpaid portion of the minimum payment (minimum 10 yuan).

For example: you spent 1,400 yuan and the minimum repayment amount is 140 yuan, but 140 yuan has not been repaid, then the interest charged by the bank is 140×5=7 yuan (for less than 10 yuan, it is calculated as 10 yuan charge).

In addition, because you did not repay the full amount of 1,400 yuan, interest will be calculated at a daily interest rate of 0.5% from the consumption date to the repayment date. After you repay the 1,400 yuan, you will owe the last month. The interest accrued will accrue interest as well as late payment fees, and full repayment is required after the bill date of this month.

What should you do if your credit card is overdue:

1. Time tolerance

Generally, banks provide credit card repayment time and tolerance services: Hold the card If a person owes money within 3 days and the amount owed is less than 10 yuan, it should be regarded as on-time repayment. The bank needs to remind you 3 days before the due date of credit card payment. That is to say, if you call the customer service center of the card issuer in time to apply for timely service and repay the loan in full within 3 days after the repayment date, your credit will not be reported.

2. Time for reporting credit report

When a credit card is overdue, each bank has different time to report credit report to the central bank. The specific regulations are as follows:

(1) If you exceed the repayment date, please immediately check your credit:

Industrial and Commercial Bank of China.

(2) Apply for credit after the grace period:

Agricultural Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, CITIC Bank, China Minsheng Bank, China Everbright Bank.

(3) The credit report will be submitted on the next billing day:

Bank of China, Shanghai Pudong Development Bank, China Guangfa Bank, Hua Xia Bank, and Ping An Bank.

3. Remedial measures

(1) Repay in full immediately

To ensure the arrival time, it is best to use a debit card from the same bank. Try to No need to cross banks or third parties such as Alipay for repayment.

(2) Contact customer service to communicate

Explain that the arrears are not subjective and malicious, but have not been repaid due to XX objective reasons, and have just been repaid.

4. Coverage

If the credit report is overdue and the objection application fails, it will take 5 years to eliminate it. During this period, remember not to cancel the card. If you cancel the card, the bad record will remain for a long time. After paying off the debt, you should keep using the card for 2 years, maintain good card usage habits, and use new records to write off the original bad records (generally, when applying for loans, credit cards, etc., only the records of the past two years are looked at).