Full repayment means that the user has settled all the amount shown on the bill, which can also be said to be full repayment. Full repayment means that the user can settle all the debts before the due repayment date, and can enjoy interest-free repayment period within a certain period according to the requirements of the bank. That's what full repayment means.

How to charge interest for insufficient credit card repayment?

If the user fails to repay in full before the repayment date, the interest will be calculated at the rate of five ten thousandths per day. If the user fails to fully repay the loan of the current month or apply for installment before the repayment date, he needs to pay a certain amount of interest and late fees. Interest is generally calculated at 0.5 ‰ per day, and late fees, in other words, service fees, vary from bank to bank. For example, the credit card of Bank of Communications has a monthly billing date of 10. Users can enjoy the interest-free period of credit card for transactions with a minimum of 20 days and a maximum of 50 days, during which no fees are charged; If a user uses a credit card to withdraw money, the credit card has no interest-free period. From the date of withdrawal, five ten thousandths of interest and service fee will be deducted every day. This article is mainly about the meaning of full repayment and related knowledge points, and the content is for reference only.