If you don't pay in full before the due repayment date, and you don't choose the minimum repayment amount of the credit card, you may face the following penalties:
1. All consumption funds will no longer enjoy interest-free repayment, and the bank will calculate interest on a daily basis with the consumption amount as the principal from the date of consumption, with a daily interest rate of 0.5 ‰ and compound interest on a monthly basis;
2. Receive phone calls and letters from banks;
3. Freeze your account, feed back your arrears record to the People's Bank of China and record it in your credit file, which will affect your personal credit;
If you really don't have enough money to repay in full on the due date, please choose the minimum repayment amount of the credit card. If you repay in this way, you only need to return 10% of the total cost each time, so that although there is no interest-free repayment period, you can avoid personal credit damage.
Information about industrial consumption finance:
Industrial Consumer Finance is a consumer finance company established by Industrial Bank and has a consumer finance license issued by China Banking Regulatory Commission. Therefore, the formality of industrial consumption finance is guaranteed. Lending mode At present, Xingye's consumer finance adopts the pure credit loan mode, which does not need mortgage and guarantee, and can reach up to 200,000 yuan, and the loan can be released on the same day at the earliest. There are mainly three kinds of loan products for industrial consumption finance, namely, empty-handed, family consumption loan and education treasure, which can meet the consumption and learning needs of individuals and families. Charge: Industrial Consumer Finance has made a commitment to charge, ensuring that all charges are transparent and open, and will not authorize a third party to charge any guarantee fee or agency fee outside the contract. Industrial Consumer Finance is a consumer finance company established by Industrial Bank. It is backed by a listed Industrial Bank with total assets exceeding 4 trillion yuan, and has a consumer finance license issued by the China Banking Regulatory Commission. Therefore, the formality of industrial consumer finance is guaranteed, and its background strength goes without saying. Secondly, in the lending mode, Xingye Consumer Finance adopts the pure credit loan mode, without mortgage and guarantee, which can reach up to 200,000 yuan, and the loan can be made on the same day at the earliest. There are mainly three kinds of loan products for industrial consumption finance, namely, empty-handed, family consumption loan and education treasure, which can meet the consumption and learning needs of individuals and families; Finally, Industrial Consumer Finance has made a commitment to the charging situation, ensuring that all charges are transparent and open, and will not authorize a third party to charge any guarantee fees and agency fees outside the contract. When users apply for loans, as long as they meet the conditions, they will basically make a payment. Users who are not at ease can call the Industrial Consumer Finance Customer Service Hotline for further verification.
Customer service hotline: 400- 10-9556 1
Quanzhou Headquarters: Floor 17, Industrial Bank Building, No.213 Fengze Street, Quanzhou City, Fujian Province.
Shanghai Management Headquarters: Floor 12, Taiping Financial Building, No.488 Yin Cheng Middle Road, Pudong New Area, Shanghai.