1. Is it legal for foreign tourists to go home after their credit cards are overdue?

After the credit card is overdue, the bank has the right to recover the debt from the cardholder, and because many people are confident, they ignore the collection. In order to save the cost of prosecution, banks usually outsource to a third party for collection, which is a legal authorized agency relationship. Third-party collection is often more frequent and there are more forms of collection.

In fact, door-to-door collection is not popular now, unless the amount involved is large and the number is deliberately changed. However, you don't have to worry all the time when you go to the door. Now it is a society ruled by law. As long as it is within the scope permitted by law and there is no improper collection behavior such as violence, coercion, intimidation and abuse, it is also legal to collect at home.

2. How many days is the grace period for overdue credit cards?

The regulations of various banks are not uniform. The tolerance period of most banks is 2-3 days, that is, the repayment within 3 days will not be overdue and will not affect the credit investigation. Among them, the tolerance period of CCB is relatively long, with a grace period of five days, while the platinum card users of Bank of China even have a grace period of nine days for repayment.

Everyone had better know the rules of their own cards. It is worth noting that ICBC has no grace period for repayment, and once it is overdue, it may go to the credit bureau. It is best to repay on time. If you are in temporary financial difficulties, you can also choose the minimum loan repayment for emergency.

3. How to negotiate repayment with the bank when the credit card is overdue?

If your credit card is overdue and unable to repay, you can be prepared to negotiate with the bank. But the premise is to respond positively to the collection and express the positive willingness to repay, so that the bank can't contact you. You can take the initiative to negotiate with the collection staff of the bank, or you can go to the credit card center of the issuing bank to negotiate with the staff.

When negotiating, you should explain your financial situation in detail, explain the difficulties encountered in the repayment process, communicate in a modest tone, show your attitude, and not maliciously overdue. If it is due to special reasons such as unemployment or serious illness, you can usually apply for suspension of interest payment and repayment for up to 60 installments.

Don't worry about overdue debts. One-on-one legal affairs will work out a solution for you.