Is e-loan overdue by one day serious?

China Industrial and Commercial Bank has set a three-day tolerance period for e-loan, that is, as long as it is repaid on time within three days after the final repayment date, it will be regarded as normal repayment, regardless of overdue, no penalty interest and no need to report to the People's Bank of China for credit investigation. If the repayment is not made within the tolerance period of more than three days, even if it is only overdue 1 day, it is also overdue. There is a three-day repayment grace period for e-loan. As long as you repay within three days after the repayment date, it will not be overdue. However, if the repayment is overdue on the fourth day, ICBC will truthfully report the credit information to the People's Bank of China, which means that the credit information will be collected, which will produce bad credit records and affect your personal credit.

In addition to credit investigation, Rong E will charge 70% higher than the benchmark loan interest rate when it is overdue, and collect overdue interest on a daily basis from the repayment date of overdue amount to the repayment date of overdue amount.

What should I do if the balance on the day of e-loan is insufficient?

Financing e-loan interest-free mortgage guarantee, credit loan. The borrower can handle it through ICBC official website channel. When borrowing money, you must submit your own debit card as the repayment card, and repay it within the specified time after successful handling. Once the repayment date of Rong E is fixed, the bank will deduct money from the repayment card before the repayment date 17:00.

In order to ensure the successful deduction, the borrower had better deposit enough money in the repayment card on the repayment date. If the balance on the day of deduction is insufficient, the deduction will fail, and the deduction will be made again the next day until the current arrears are deducted. However, as long as Rong E is not the last repayment, it will not be overdue if the deduction fails that day.

Because ICBC provides a three-day grace period for non-final e-loans, that is, those who fail to deduct money on the third day from the day after the repayment date and fail to repay in time will be regarded as overdue. Therefore, everyone must always pay attention to the repayment period of Rong E. Remember that if the last deduction fails, the balance will be saved within the grace period as soon as possible, and the successful deduction during the period will be regarded as normal repayment.

If the E-Loan is inadvertently overdue, the overdue interest will be charged at the rate of 1.5 times of the original execution interest rate from the due date of the overdue amount until it is paid off. The overdue record will be submitted to the People's Bank of China for credit investigation and will be collected by the bank. If the consequences are serious, it is better to repay the loan on time.