Overdue credit cards have become a common situation when using cards. Due to the epidemic, credit cards have become overdue explosively. In response to this situation, the rules for overdue credit cards have also undergone some changes. This article explains to you: The four major changes in credit card overdue rules in 2021 hope to help cardholders whose credit cards have overdue or are about to expire.

1: Four major changes in credit card overdue rules

1. Changes in the interest-free period. The interest-free period used to be a minimum of 25 days and a maximum of 60 days. After the new regulations, banks can formulate flexible interest-free periods based on their own policy changes and cardholder conditions. The corresponding user's repayment status and whether it is overdue may also be Hence the impact.

2. Changes in penalty interest. In the past, when cardholders were overdue, banks would charge late fees. However, after the new regulations, banks will no longer charge late fees for overdue users, but will charge liquidated damages, of which interest will not be calculated separately.

3. Changes in minimum repayment. If users have difficulty repaying credit cards, they can choose the minimum repayment method to reduce the pressure. The minimum repayment amount is generally set at 10% of the bill amount, but now the minimum repayment amount is mainly determined by the cardholder. The rows can be flexibly set according to the user's situation.

4. Changes in overdraft interest rates. In the past, the interest generated by overdrafts was generally charged at 0.05% per day, but now it is not fixed. Instead, a range is given between 0.035% and 0.05%.

2: Two cases of overdue credit card filing

There are two cases of overdue credit card filing, one is a civil case and the other is a criminal case The filing standards for cases are different in different situations.

Type 1: Civil filing

Since the standards for civil filing are relatively low, if the credit card is overdue, it does not meet the criminal filing standards for malicious overdraft. Once the bank prosecutes the overdue user, it can File a civil lawsuit in court.

The second type: criminal filing

If it is a criminal case, the filing standard will be higher. First of all, if the cardholder has been collected by the bank twice and the amount exceeds 3 months and still make the minimum repayment. In addition, the overdue credit card amount reached 50,000 yuan. If these two conditions are met at the same time, the cardholder will be sued by the bank for malicious overdraft. A malicious overdraft of 50,000 yuan meets the standard for filing a criminal case. After a court judgment, the cardholder is likely to be imprisoned.

Reminder

Currently, with the increasing popularity of credit cards, the number of people using credit cards for consumption is gradually increasing. Since many people have relatively low repayment capabilities and financial management capabilities, malicious overdrafts The crime rate is also increasing year by year.

I would also like to remind everyone that credit cards are double-edged swords. Use credit cards rationally and do not blindly over-consume and put too much pressure on yourself for later repayment. Do not think about avoiding debts under any circumstances and change contacts. Method or address, there is really no way to even apply for installment or through the minimum repayment method.

Credit card overdraft consumption is a kind of short-term bank borrowing behavior. You borrow and repay, and it is not difficult to borrow again. Otherwise, you will bear serious consequences. If you don’t want to be a deadbeat, repay your loan on time.