Repaying 5 days overdue may have a certain impact on your credit, but it will not create a bad record with Bank of China.

Details:

1. Overdue credit card repayments will have a negative impact on personal credit. Banks will report overdue payments to the credit bureaus, which can cause your credit score to drop.

2. First, China Merchants Bank will report your overdue record to the Credit Reference Center of the People's Bank of China. This will leave an overdue record on your credit report, which will have a negative impact on your credit score.

3. Secondly, if your credit score drops, it may cause some trouble for you to apply for loans, credit cards and other financial services in the future. Banks may evaluate your credit profile and take your past due history into consideration when making approval.

4. However, being overdue for 5 days will not immediately lead to a bad record. Normally, banks will report overdue records to credit bureaus 30 days after the due date. Therefore, in this case, you will not create a bad record with the Bank of China.

Summary:

Overdue repayment of China Merchants Bank credit card for 5 days may have a certain impact on personal credit, but it will not create a bad record with the Bank of China. Timely repayment is an important way to maintain personal credit and avoid overdue payments from having a greater negative impact on credit.

Extended information:

1. Overdue repayment will have an impact on personal credit scores, which are generally calculated and provided by credit reporting agencies.

2. The Credit Information Center of the People's Bank of China is one of the major credit information agencies in China and is responsible for collecting, organizing and managing personal credit information.

3. Personal credit scores play an important role in financial institutions’ approval of personal loans and credit card applications. The higher the score, the better the credit and the greater the possibility of obtaining financial services.