There are several ways to check the amount owed each month by credit card:
1. On the billing date or the next day of each month, the bank will send a text message to remind the current bill amount, minimum repayment, repayment date, etc.
2. You can call customer service to inquire;
3. You can log in to the credit card official website for enquiry;
4. You can pay attention to the WeChat WeChat official account query and other methods;
you can find all the repayable amount of the credit card on the bank APP on your mobile phone.
Take Shanghai Pudong Development Bank as an example to explain the specific operation steps:
1. Download a Shanghai Pudong Mobile Banking APP in the mobile app supermarket
2. Open the app after installation, and select my credit card on the home page
3. After entering the credit card center, you will be prompted to log in, enter your own information and click Login
4. After logging in, you will automatically jump to the credit card center, and then you can see the remaining balance at the top of the page.
5. After clicking the remaining balance, you can see the detailed bill of your credit card, in which you can clearly see your credit card bill.
You can also query by repayment. Take Alipay as an example. The methods are as follows:
1. Open the Alipay APP application on the (Huawei P4) mobile phone operation interface.
2. After entering Alipay, click "More" to enter.
3. click the "credit card repayment" option after entering.
4. after entering, select a card to view the repayment record.
5. After entering, you can see the repayment record of this card.
consequences of overdue repayment of credit cards
After a credit card bears a high penalty interest, the penalty interest fees usually involved are revolving interest fees and late fees. The essence of revolving credit is a small, unsecured loan with daily interest. If it is not fully repaid on the last repayment date, it will generate revolving credit interest on the next statement, and the interest needs to be calculated from the date when the consumption is recorded.
except for ICBC, the other 12 banks still impose full penalty interest. Full penalty interest means that even if the customer repays part of the money, the repayment part is not deducted when calculating the penalty interest, and the interest expense is usually calculated at five ten thousandths of the daily interest rate. In addition, some banks stipulate that the daily interest rate shall be calculated at 5/1 within 15 days from the bookkeeping date, at 1/1 after 15 days, and at 15/1 after 3 days or the overdraft amount exceeds the prescribed limit. The longer the default time, the higher the penalty interest.
For example, suppose Miss Li's billing date is the 1th of each month, the last repayment date is the 28th, and she spent 1, yuan on June 11th. On July 28th, Miss Li was short of money, so she paid the minimum repayment amount, 1 yuan, so the circulating interest expense on the bill on August 1th is: 1, yuan × .5 ‰× (from July 28th to June 11th).
if the cardholder fails to pay off the minimum repayment amount, in addition to the circulating interest charges, there will be a late payment fee, which is calculated at 5% of the unpaid part of the minimum repayment amount. If Miss Li only pays 5 yuan back, the late fee is (1 yuan ~5 yuan) ×5%=25 yuan. In this case, the revolving interest expense will rise to 296.75 yuan, and Miss Li's penalty interest will total 321.75 yuan this month.
Consequences of overdue credit card repayment II
Causing legal disputes. Violent credit card collection has become a hot topic. Many bank credit card centers outsource credit card repayment collection to some so-called "debt collection companies". These companies are mixed, and the methods of debt collection are rough, which brings great troubles to customers.
furthermore, the defaulting customer may face legal disputes. According to the provisions of the Criminal Law, if the bank fails to repay a credit card with a malicious overdraft of more than 5, yuan after three months' collection, if the circumstances are serious, it may also be investigated for criminal responsibility for fraud. For defaulting customers, after entering the judicial process, it will not only affect their reputation, but also lose more costs. In addition to paying off the arrears, they will also bear the litigation costs, which is even worse.
Consequences of overdue repayment of credit card III
Leave a "credit stain" in the national credit information system. In 26, the central bank set up a national unified basic database of enterprise and individual credit information. As long as you have applied for a card or made a loan in a bank, you will automatically generate your own "credit report" in this system. The "stain" in this report can not be ignored, and it will affect the application for various loans, insurance, job hunting and so on. In November 212, the new personal credit report of the central bank was launched. Credit cards and loans overdue before October 29 were no longer displayed, and the overdue records were kept for five years thereafter. This move means that the public's overdue negative record is no longer accompanied by life. If it can be repaid in full and on time for five years, the credit can be returned to innocence.
Tips: As a new payment method, credit card is also the simplest financial management method for consumers. Although overdraft consumption can reduce the financial pressure of cardholders' daily consumption, it is easy for cardholders to become slaves if they are not properly managed or have good financial management concepts. Xiao Bian here suggests that consumers should be cautious when the bill pressure is too heavy. They can apply to the bank for installment payment or apply for delayed repayment and extension of installment to relieve the pressure. At the same time, they should reflect on whether their consumption patterns are healthy and reasonable in time.
in April p>216, the central bank issued the notice on matters related to credit card business, which increased the market pricing attributes of credit cards and diversified the rights and interests of credit cards. The most important point is that the liquidated damages will no longer accrue interest.