First of all, the more intuitive impact is that it will have to bear the overdue interest expenses caused by overdue. In order to prevent users from overdue, banks will charge overdue fees with relatively high interest rates. Generally speaking, the overdue fee is higher than the daily interest rate, which is already quite high, and the overdue interest is the calculation method of compound interest, that is to say, if the repayment is not made in time, the interest fee will only increase and eventually become unbearable. Therefore, repayment must be made as soon as possible after the deadline.

2. Leave a bad credit record.

As we all know, the credit report is equivalent to our second ID card in the bank. Therefore, if your credit card is overdue, your credit report will include this record, which will have a negative impact on your subsequent credit card application and credit card withdrawal. Not only that, it will also have an impact on your future mortgage and car loan processing, which is likely to lead to the failure of loan application.

3. It will be collected by the bank.

When you are overdue in the first month, the bank will call you to repay as soon as possible. In the second month, if you haven't paid back, an account manager will come to you for collection. After more than three months, you will be handed over to three parties for collection. Banks receive relatively little money. If banks hand over long-term overdraft customers to a third party for collection, all kinds of harassment will increase obviously. They will find your reserved bank emergency contact and find you at your work and other places.

4. There is a risk of being sued.

If you fail to pay it back within the time limit, the bank has the right to sue you. If the bank sues, it will not only judge the overdrafter to bear the principal and interest, but also include all legal fees and legal fees of the bank stipulated in the credit card contract. If you meet the following conditions, you will also face criminal responsibility. Generally speaking, if you overdraw more than 50,000 yuan for a single card and fail to repay it for more than three months after more than two effective collections, you may be investigated for criminal responsibility for the crime of credit card fraud.

Second, the way of handling.

When your credit card is overdue, you should actively repay it. If the repayment cannot be made in time due to the economic situation, you can actively communicate with the bank and try to stop paying the principal. The way is to suspend the calculation of overdue interest and return the part that needs to be repaid to the bank according to how much it costs each month, so that the bank can initiate a lawsuit against you.

In a word, when you use a credit card, you must spend according to your own financial ability and try not to overdue.