After the CITIC bank card is overdue, the bank will charge a high penalty interest and report it to the central bank's credit information system after a certain period of time. The bad record of personal credit investigation will have a very serious impact on itself, not only affecting the credit value of other credit cards, but also affecting financial loans and even job promotion. Therefore, when our credit card in the bank is overdue, the best way is to return it as soon as possible, and call the customer service to tell the reason for the overdue, so as to minimize the impact.
Different banks will have some time grace policies for credit cards. For example, it won't make any difference if they are three days overdue. If it is overdue for more than three days, it will face uploading personal credit information. If you don't repay, you will face bank collection or even prosecution. If you don't pay for a long time, it should be a personal income problem. At this time, it is best to take the initiative to contact the bank, negotiate the repayment method with the other party, try to let the bank reduce some liquidated damages, or stop paying the account, or apply for personalized installment repayment. Of course, banks may not agree to negotiations that put some strong demands on themselves. If the negotiation fails, they can also seek professional help. After all, this kind of thing still needs professionals to deal with and can avoid being sued.
In the final analysis, using credit cards is a double-edged sword. If you use it well, you will meet your shopping needs. If you don't use it well, you may hurt yourself No matter what the economic situation is, it should not be returned within the time limit. If you can't repay in full on the repayment date, you should also ask for the minimum repayment amount. As long as you keep the minimum repayment amount, you can avoid being regarded as a malicious overdraft by the bank.