In daily life, the phenomenon of "unable to open a card" is widespread, and many people think that credit cards will not generate any fees if they are not activated. However, some special cards still need to pay an annual fee even if they are not activated. Does it matter if the credit card owes an annual fee?

The influence of credit card annual fee arrears

1. Impact on credit reporting: The annual credit card fee will be included in the cardholder's credit card bill, and the cardholder shall pay off the annual fee of the current month together with the consumption arrears before the repayment date. Therefore, if the cardholder fails to repay the loan on time, it will be regarded as overdue, which will affect the personal credit record.

Second, generate overdue interest: the annual credit card fee is generally paid once a year. If the cardholder finds that the annual fee is overdue, the longer the arrears, the higher the penalty interest. The annual fee of most credit cards is about tens of yuan, but if it is overdue for too long, it will generate more penalty interest+principal.

Will the annual credit card fee affect the mortgage?

Generally speaking, the bank's assessment standard is that there will not be three or six consecutive overdue loans within two years, but the bank's assessment standard for housing loans has been tightened a lot. Therefore, once the cardholder has a bad credit due to the overdue annual fee, the cardholder's mortgage application will be affected to some extent. If this happens, I suggest you negotiate with the bank to reduce the annual interest, and ask the bank to cancel the overdue records and resume the credit investigation after the annual fee is settled. If it is really impossible to cancel, you can ask for a malicious overdue certificate, which has little impact on the loan processing.