1. Calculation method of credit card overdue:
According to regulations, under normal circumstances, credit card overdue refers to the failure to repay the loan according to the agreed time and exceeding the final repayment date. Specific overdue regulations may vary between banks and different credit card products.
2. Detailed description of credit card overdue:
a) Most credit card companies usually divide overdue into two stages: first overdue and serious overdue.
b) The first overdue payment generally starts to be calculated within three to five days after the final payment date, and may incur certain late fees or interest.
c) If the cardholder fails to make repayment after the first overdue payment, it will enter the serious overdue stage. At this stage, cardholders may face higher late payment fees, high interest rates, and may even be recorded in the central bank's credit reporting system.
d) As a special type of postal credit card, the overdue regulations may be different from ordinary credit cards. Therefore, you should read your postal credit card contract carefully or consult your bank for detailed provisions.
3. Summary:
Credit card overdue payments generally start from three to five days after the last payment date. If the cardholder fails to repay the card after the first overdue payment, it may enter the serious overdue stage, face higher late payment fees and interest, and be recorded in the central bank's credit reporting system. The specific overdue regulations for postal credit cards may be different from those of ordinary credit cards. Cardholders are advised to learn more about the bank's relevant regulations.
4.
Extended information:
In addition to the above overview, you can also avoid credit card overdue in the following ways:
a) Establish good consumption habits and ensure timely repayment;
b) Set up the automatic deduction function to ensure that bills are paid off on time;
c) Pay attention to the bill date, last payment date, etc. Important dates to avoid missing repayments;
d) Pay attention to text messages or mobile app reminders sent by the bank.