Credit card overdue:
1. If it is a quasi-credit card, the maximum overdraft period is 60 days. If it is not returned for more than 60 days, it will be considered overdue; ?
2. If it is a credit card, the unpaid minimum repayment amount before the due repayment date (inclusive) will be regarded as overdue, and corresponding liquidated damages will be generated in addition to interest (liquidated damages = unpaid part of the minimum repayment amount ×5%).
Extended data:
Consequences of overdue repayment of credit cards 1
After a credit card with high penalty interest defaults, the penalty interest fees usually involved are revolving interest fees and late fees. The essence of revolving credit is a small, unsecured loan with daily interest. If it is not fully repaid on the last repayment date, revolving credit interest will be generated on the next statement, and the interest needs to be calculated from the date when the consumption is recorded.
Except for ICBC, the remaining 12 banks still carry out full penalty interest. The full penalty interest means that even if the customer repays part of the money, the repayment part will not be deducted when calculating the penalty interest, and the interest expense is usually calculated at the daily interest rate of five ten thousandths.
Consequences of late repayment of credit cards II
The violent collection of credit cards that caused legal disputes has become a hot topic. Many bank credit card centers outsource the collection of credit card repayment to some so-called "debt collection companies". These companies are mixed, and their debt collection methods are rough, which brings great trouble to their customers.
Not only that, the defaulting customer may also face legal disputes. According to the provisions of the Criminal Law, a credit card with a malicious overdraft of more than 5,000 yuan will not be repaid after three months of collection by the bank. If the circumstances are serious, criminal responsibility may also be investigated for fraud.
Consequences of late repayment of credit cards 3
Leave a "credit stain" in the national credit information system. In 2006, the central bank established a national unified enterprise and individual credit information basic database. As long as you apply for a credit card or borrow money from a bank, you will automatically generate your own "credit report" in this system. The "stain" in this report can not be ignored, it will affect the application for various loans, insurance, job hunting, overseas study and so on. Bad records are generally kept abroad for 7 years.
20 12, 1 1 The new personal credit report of the central bank was launched. Credit cards and loans overdue before 2009 1 will no longer be displayed, and overdue records will be kept for 5 years thereafter. This move means that the public's overdue negative record is no longer accompanied by a lifetime. If the loan can be repaid in full and on time within five years, the credit can be cleared.
Baidu encyclopedia-credit card repayment