Yes.

Credit cards that are overdue for 10 days can continue to be used after successful repayment. After the overdue payment occurred, Baihui recorded a bad record and entered it into the credit record of the People's Bank of China. At the same time, overdue bills will accrue interest. Because you have not repaid the bill overdue, the bank will also charge you with penalty interest on the bill for that period (generally 5% of the unpaid minimum repayment amount).

If you are overdue multiple times, the bank will lower your credit limit. In serious cases, your account will be frozen and closed. If you do not repay your loan for a long time, or the behavior is serious and bad, the bank will file a lawsuit. Different overdue situations require different handling methods by banks. Some are unintentional and some are malicious. Decisions will be made based on the specific circumstances.

It is recommended that you check your current credit situation on "Beijian Quick Check", change your bad loan application habits, and cover your untrustworthy behavior with new good payment records.

Extended information:

Can the credit card still be used normally after the loan is overdue?

If the loan is overdue, whether the credit card can still be used normally depends on the specific situation.

If a loan issued on a loan platform that is not connected to the central bank's credit reporting system is overdue, the overdue information will usually only be reported to the big data and will not be reported to the personal credit report. Credit cards are related to credit reporting and have no direct relationship with big data, so overdue loans of this type generally will not affect the normal use of credit cards.

If the loan obtained from a bank or a licensed consumer financial institution connected to the central bank’s credit reporting system is overdue, if the overdue circumstances are not serious, the overdue time is not long and the loan is paid off quickly, then the loan will be repaid quickly. If you always repay on time, this situation will not have a big impact on the use of your credit card. Although there will still be overdue records on your credit report, the bank is unlikely to directly freeze the card because of this.

However, if the overdue circumstances are serious, the overdue amount is large, and the overdue amount is very large, or there were even overdue situations before, it will inevitably lead to serious damage to your credit report, which will indirectly affect your credit card. , the card-issuing bank is likely to reduce the credit limit of the card or directly freeze the card limit due to credit problems. If the loan is overdue, whether the credit card can still be used normally depends on a detailed analysis of the specific situation: If the loan is overdue on a loan platform that is not connected to the central bank's credit reporting system, the overdue situation will usually only be reported to the big data and not Upload your personal credit report. Credit cards are related to credit reporting and have no direct relationship with big data, so overdue loans of this type generally will not affect the normal use of credit cards. And if the loan obtained from a bank or a licensed consumer financial institution connected to the central bank's credit reporting system is overdue, if the overdue circumstances are not serious, the overdue time is not long and the loan is paid off quickly, the loan has always been repaid on time before. If so, then this situation will not have a big impact on the use of credit cards. Although there will still be overdue records on the credit report, the bank is unlikely to directly freeze the card because of this. However, if the overdue circumstances are serious, overdue for a long time, and the overdue amount is also large, or even overdue situations before, it will inevitably lead to serious damage to your credit report, which will indirectly affect the credit card. The card-issuing bank is likely to If there is a credit problem, the card will be reduced or the card limit will be frozen directly.