Detailed description:
1. overdue record: the credit report will show the overdue record of your credit card, which is the total number of overdue times per month. After 5 months overdue, the credit report will show that you are overdue continuously, which will have a great negative impact on your credit record.
2. Decline in credit rating: After 5 months overdue, your credit rating will decline. Credit rating is based on your credit history and repayment behavior. Overdue records will seriously damage your credit rating and lead to a decline in your credit score.
Summary:
After 5 months overdue, your overdue record and lowered credit rating will be displayed on the credit report. Overdue records will have a long-term impact on your credit record, and the decline in credit rating will affect the credit limit and interest rate of financial products such as loans and credit cards you apply for.
Extended data:
In addition to overdue records and credit rating decline, there may be other consequences after five months overdue. For example, banks may take other measures, such as collection and letters from lawyers, to recover overdue payments. At the same time, overdue may also lead to the freezing or closing of credit card accounts, further limiting your financial activities.
Therefore, we strongly recommend that you always repay on time to avoid overdue credit cards. If you can't repay on time, please contact the issuing bank in time, actively communicate and seek a solution. Taking timely action can reduce negative effects and protect your credit history.
Please note that the above information is only for China users, and the answer is given according to the general processing method under normal circumstances. The specific situation may be different due to personal credit records, banking policies and other factors. For the most accurate and specific information, please consult the relevant banks or credit institutions.