Legal Subjectivity:

Credit cards are becoming more and more popular, but many people forget to repay on time due to small negligence, resulting in stains on their credit records. In addition to penalty fees, they also bring Huge loss of financing costs. So what should I do if my credit card is overdue? We must not ignore or treat it negatively, but actively take correct measures to save it. The best way is to continue to use this card, maintain a good repayment record, and cover the original negative record with a new repayment record. Generally, a new credit record will be generated after 24 months, so that you will not It will have a negative impact on your future credit behavior. The following tips tell you how to eliminate overdue credit card records. 1. Some people apply for a credit card and seldom use it. When the credit card is overdue, they plan not to use the credit card at all. They simply ignore the credit card and neither make repayments nor cancel the card. In fact, this approach is very wrong. If you continue to fail to repay the loan, there will be an overdue payment once a month, which means that a bad credit record will be recorded once a month. If you fail to repay for many months in a row, you will be sued by the bank and found guilty of malicious arrears. Your credit record will become worse, and the amount of arrears will become larger and larger. In serious cases, you will be sentenced to fines. 2. If a credit card is not paid overdue, the credit card center of the issuing bank will collect the payment. Due to ignorance and blind arrogance, some people not only refuse to repay the loan, but also "escape" by changing their address, mobile phone and other contact information so that the bank cannot contact them, thinking that the bank can't do anything to them. In fact, this approach is absolutely undesirable. When you apply for a credit card, your real-name information has been recorded by the bank. Once you "run away", the bank will determine that you have malicious overdrafts and arrears, and will call the police, who will list you as a wanted person. 3. As a credit card holder, once you are unable to repay on time due to unemployment, illness or accident, before the final repayment period arrives, the card holder is best to proactively contact the bank’s credit card center to state your financial situation. State that you do not owe money maliciously, and apply for delayed repayment and interest discounts. In view of the cardholder's active performance and previous good credit record, the bank will often agree to defer the repayment and agree with the cardholder on a mutually acceptable repayment plan, deferment period, interest discount, monthly repayment amount, etc. In this way, if you proactively contact the bank and get the bank's consent to defer the repayment, you will not be recorded as a bad record, but it should be noted that you will be guaranteed to repay as agreed in the future. 4. If you forget to repay due to negligence, you must repay as soon as possible after discovering that it is overdue, preferably in full. Then call the bank's credit card center and state that the debt is not malicious. If the record has been good in the past and the overdue time is short, and it is found that the repayment is good after the overdue period, it may not be recorded as a bad record. Don't be careless in the future. Be sure to pay attention to the bank's bill notifications and collection information to avoid overdue payments. 5. Credit card repayment information will be recorded by the central bank's credit reporting system on a rolling basis for 24 months. That is to say, bad credit records caused by overdue credit card repayments will be stored in the credit reporting system for two years. If terminated with a card, the corresponding records will no longer be scrolled, but will be saved for a long time. Therefore, after overdue repayment of a credit card, it is best not to cancel the credit card immediately after paying off the debt. Instead, you should insist on using the card for more than two years and keep your credit in good condition during the period. In this way, you can rely on rolling records to remove bad records from your credit report. Remove it from the system.