Can I apply for a credit card if it is overdue?

You can still apply for a credit card if it is overdue. The risk control standards of different banks are different. If the overdue situation is not serious and has been paid off, it is still possible for the bank to approve the card. If the overdue situation is malicious overdue, and the arrears are still not settled when applying for a credit card, then the bank will refuse this credit card application. In addition, the overdue time is too long, for example, it is more difficult to apply for a credit card for more than three months.

For users with overdue records in their credit reports, it is best to settle the overdue arrears and apply for a credit card at least 3 months later. If you are still repaying the loan during this period, it is recommended to repay it on time and maintain the recent repayment record, which will help improve the success rate of applying for a credit card.

prepayment means that the borrower applies to the bank for prepayment of part of his loan, and ensures that the previous month is not overdue and the loan of the current month is returned; Pay off all or part of the loan at one time according to the date stipulated by the bank.

prepayment is generally divided into two ways: partial prepayment and full prepayment.

depending on the repayment method, the borrower can choose to reduce the term or the amount. It is understood that at present, most banks can provide five ways to repay loans in advance for customers to choose from.

first, all loans are repaid in advance, that is, the customer pays off all the remaining loans in one lump sum. (interest is not required to be repaid, but the interest paid is not refundable)

Secondly, part of the loan is repaid in advance, and the monthly repayment amount of the remaining loan remains unchanged, thus shortening the repayment period. (saving more interest)

Third, part of the loan will be repaid in advance, and the monthly repayment amount of the remaining loan will be reduced, and the repayment period will remain unchanged. (reduce the monthly payment burden, but the degree of saving is lower than the second one)

The fourth one, partial prepayment, the remaining loans will reduce the monthly repayment amount and shorten the repayment period. (saving more interest)

Fifth, the remaining loan keeps the total principal unchanged, and only shortens the repayment period. (The monthly payment is increased, and some interest is reduced, but it is relatively uneconomical.)

Financial experts suggest that the principal should be reduced as much as possible to shorten the loan period and make the interest of expenditure less.

how to repay the loan in advance and what are the requirements?

first, the borrower can only propose to repay part or all of the loan in advance for the first time after repaying the principal and interest of the loan normally for 6 months;

Second, for serious loan management, lending institutions set a minimum amount for early repayment of some loans, which generally needs more than 1, yuan;

Third, the borrower generally needs to inform the lending institution 1 or 15 days in advance to repay the loan in advance, and must submit a written application to the lending institution with the original loan contract, bank loan repayment savings card, monthly interest statement of capital repayment, my ID card and other materials, which must be reviewed and approved by it;

fourth, the borrower still needs to repay the original monthly loan principal and interest repayment amount in the current month, and at the same time deposit the loan amount that needs to be repaid in advance into the bank savings card.

Can I apply for a credit card if it is overdue?

If it is overdue, you can still apply for a credit card if it is not very serious (occasionally overdue, short time).

credit cards are generally overdue for three consecutive periods and accumulated six credit records, which is very serious, so it is difficult to apply for a credit card again. Bad credit records will be kept in the central bank's credit information system for 5 years, and it will be difficult to apply for a credit card successfully within 5 years.

another way of saying credit card is that credit card is a non-cash transaction payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.6 mm, a width of 53.98 mm and a thickness of 1 mm, which are issued to cardholders by banks or credit card companies according to users' credit and financial resources. Cardholders do not need to pay cash when they use credit cards, and they will make repayment on the settlement date.

except for some credit cards combined with financial cards, general credit cards are different from debit cards and ATM cards, and credit cards will not directly deduct funds from users' accounts. In February 212, the bank confirmed that credit cards are safer without passwords, and if they are stolen, they will share the responsibility with the bank. Enjoy an interest-free period of 25-56 days (or 2-5 days).

credit card spending enjoys an interest-free period, and the bill amount will be paid off before the due repayment date, and no expenses will be incurred. There is no interest-free repayment period for cash withdrawal, and five ten thousandths of daily interest will be charged from the day of cash withdrawal, and the bank will also charge a certain percentage of cash withdrawal fee.

in the 196s, credit cards sprouted and developed rapidly in developed countries in Europe and America, such as the United States, Canada and Britain. After more than 5 years of development, credit cards have been widely accepted in more than 95% countries around the world. In 198s, with the reform and opening up and the development of market economy, credit cards, as electronic and modern consumer financial payment tools, began to enter China, and in the past ten years, they have developed by leaps and bounds.

After the financial crisis and the ups and downs of domestic economy, the credit card market in China picked up in 21. By the end of 21, the total number of domestic credit cards has exceeded 2 million. In 21, the amount of cross-bank credit card transactions in China reached 5.11 trillion yuan, and the consumption amount was 2.7 trillion yuan. The proportion of credit card consumption in the total retail sales of social consumer goods continued to increase.

Can I apply for a credit card if it is overdue at present?

There are overdue records in the credit information, so users cannot apply for a credit card.

when a user applies for a credit card, the bank will inquire about the user's personal credit report. When there is an overdue record in the credit report, the bank will determine that the user does not meet the application conditions of the credit card, thus rejecting the user's credit card application. Even in the initial stage, users may be rejected by banks.

Therefore, users must wait for the overdue records to be deleted and their personal credit information to return to normal before applying for a credit card, so that the application for a credit card has a certain chance of passing the examination.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

credit card installment payment refers to the business that when a cardholder uses a credit card to make a large amount of consumption, the card-issuing bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and according to the cardholder's application, the consumer funds are deducted from the cardholder's credit card account in installments, and the cardholder repays according to the monthly recorded amount.

in the past, credit card installment mainly included bill installment and single consumption installment, and banks usually charged corresponding handling fees according to the number of installments. Whether it is bill installment or single consumption installment, the premise is to generate consumption behavior first, and then the bank will set up the installment repayment of the generated credit loan.

Most domestic banks in China have credit card installment business. Installment payment is generally divided into POS installment, "mail order installment" and bill installment according to different occasions.

Shopping mall staging, also known as POS staging, means that cardholders go to shopping places, such as "shopping malls" that can be staged. At the time of checkout, hold the credit card that supports installment in the mall to explain that installment payment is required.

generally, the goods paid by installment can be paid by installment as long as they are normally sold in the mall. In many cases, cardholders can also bundle multiple goods together to settle accounts, and then carry out installment.

let's stop here for the introduction of overdue credit cards.