Detailed description:
1. Credit card repayment period is generally a fixed date every month, such as 15 every month. If the repayment is not made within two days after this date, it will be considered overdue.
2. Overdue repayment will lead to the following consequences:
A. overdue penalty interest: the bank will calculate the penalty interest for the overdue amount according to a certain interest rate, thus increasing the repayment burden.
B. Credit rating reduction: Overdue repayment will have a negative impact on personal credit records, which may lead to credit rating reduction.
C. Raise the threshold for borrowing: the decline in credit rating may limit or increase the difficulty of applying for loans and handling other credit cards in the future.
3. Therefore, in order to avoid overdue repayment, it is suggested to plan the repayment date in advance and ensure that there are enough funds to charge the credit card account before this date.
Extended data:
The CBRC's regulations on overdue credit cards include overdue penalty interest and credit rating decline. In order to protect the rights and interests of consumers and maintain the order of bank credit, banks generally take punishment measures for overdue repayment.
Summary:
According to China's credit card regulations, a credit card that is overdue for two days will be regarded as overdue, and corresponding punishment measures will be taken, including overdue penalty interest and credit rating decline. In order to avoid the consequences of overdue repayment, it is recommended to plan the repayment date in advance and ensure that sufficient funds are charged to the credit card account before the repayment date.