What are the consequences of Ningxia Bank's overdue credit card?

The overdue credit card of Ningxia Bank refers to the situation that the final repayment period stipulated by the bank is exceeded and the money spent is not deposited in the designated account on time and in full. With the popularity of credit cards, the problem of overdue credit cards is also widespread. What are the consequences of Ningxia Bank's overdue credit card?

1. The overdue credit card record affects the cardholder's handling of new credit cards and loans. Applicants need to settle overdue loans and credit card overdue repayments before applying for loans.

If the credit card is overdue, the bank will charge interest and late fees. If the credit card repayment is overdue, you can't enjoy the interest-free period, and the bank will charge a late fee.

3. Serious overdue may be sued by the bank. If the cardholder refuses to repay the loan for a long time, the bank can consider it overdue in bad faith and sue the cardholder in court.

The above is an introduction to the consequences of overdue credit cards of Ningxia Bank.