A Postal Savings Bank credit card payment that is one day late is not considered overdue. In order to protect customers’ credit, the central bank stipulates that banks have at least a 3-day grace period for repayment. Although the 3-day grace period is stipulated, each bank The actual operation is different, some only have 2 days, and platinum card users can have 9 days. The details are subject to bank regulations.

Overdue credit card repayments will face the following consequences:

1. Credit card late payment fees. Full credit card overdue payment late payment fees refer to the fees payable by the credit card bank according to regulations when the cardholder fails to repay the amount before the appropriate repayment day (inclusive) or the repayment amount is less than the minimum repayment amount.

2. Overdue interest. After the user uses a credit card to overdraft, there is a general free interest repayment period of more than 20 days and more than 50 days. If the card holder fails to repay overdue, all charges last month are no longer with the bank that the card enjoys free treatment. The one-day periodic interest is as high as 15,000, which means the annual interest rate reaches 18%.

3. Bad credit record. Credit card payments will be recorded into the central bank's credit reporting system to generate bad credit. Personal credit records have been implemented nationwide. Bank lending business, as long as citizens apply for credit cards personally, or provide guarantees for others, etc., you can do it in any domestic business Bank credit report.

4. Litigation costs. If the credit card is in arrears for more than three months, the bank will ask a lawyer to send a lawyer's letter to the user and file a lawsuit in court. The litigation costs will be borne by the cardholder.

5. Criminal liability for malicious overdraft. According to Article 196 of the Criminal Law and relevant judicial interpretations, malicious overdraft means that the cardholder overdrafts beyond the prescribed limit or prescribed period for the purpose of illegal possession, and the cardholder still refuses to accept it after being accepted by the issuing bank. The act of returning.

Those overdraft credit card frauds and malicious submissions are relatively large and should be investigated for criminal liability in accordance with the law. They should be sentenced to more than 5 years in prison or criminal detention and fined not less than 20,000 yuan. No more than 200,000 yuan.

Extended information:

Avoid overdue credit cards

1. Many people have more than one credit card, which is no problem from the beginning. But after one credit card is repaid, they use other credit cards to cash out and repay, and then gradually develop the habit of borrowing to support the loan. There is usually no problem with this approach, but once the capital chain is broken, so many credit cards will be overdue at the same time, and the consequences will be unbearable.

So buy one or two credit cards, just enough for daily use, not too many.

2. Stop considering adding credit cards. As long as the credit card limit is sufficient, there is no need to constantly increase the limit.

3. The cardholder now has a high credit limit but a low salary. But cardholders do not consider salary issues and continue to consume. This approach is not advisable. It is best to spend about half of your salary with a credit card, so as not to cause overdue problems.

Baidu Encyclopedia-Credit Card Repayment