Extended data:
Credit card overdue
1, credit card late fee. When the cardholder fails to repay in time or the minimum repayment amount, the cardholder needs to pay the fees of the issuing bank in accordance with relevant regulations.
2. Overdue interest. Cardholders usually have an interest-free repayment period ranging from more than 20 days to more than 50 days when they swipe their credit cards. During this period, the cardholder does not need to pay extra interest for immediate repayment. If the credit card is overdue, he does not enjoy interest-free repayment, and the daily interest rate is as high as five ten thousandths, that is, the annual interest rate reaches 18%.
3. Litigation costs. If the cardholder overdraws for 2 months and fails to repay, the bank will call to urge the cardholder to repay. If there is still no repayment, the cardholder will receive a lawyer's letter from the bank.
4. Bad credit record. The cardholder will be recorded in the bad credit record, which will affect the cardholder's handling of loan business, banking business and other businesses in the future. The cardholder's credit report can be found in any domestic commercial bank.
5. Criminal responsibility for malicious overdraft. According to Article 196 of China's Criminal Law and relevant judicial interpretations, malicious overdraft refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.
Whoever commits credit card fraud with malicious overdraft shall be investigated for criminal responsibility for the crime of credit card fraud, sentenced to fixed-term imprisonment of not more than five years or criminal detention, and fined not less than 20,000 yuan but not more than 200,000 yuan.
Repayment method
(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;
(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;
(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;
(4) Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.
(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.
(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.