Is the overdue credit card of Shanghai Pudong Development Bank serious?

No matter which bank your credit card belongs to, as long as it is overdue, banks will take certain measures to recover the arrears, especially Shanghai Pudong Development Bank. As we all know, credit card or loans overdue repayment has a negative impact on personal credit record and credit score, which may lead to more serious consequences if it is not handled properly. So is the overdue credit card of Shanghai Pudong Development Bank serious? Will we be summoned? Today, Bian Xiao will introduce these two questions to you!

First of all, overdue repayment of credit cards will lead to the accumulation of interest, penalty interest, late fees and other expenses, and these extra expenses may further increase your burden. At the same time, Shanghai Pudong Development Bank may also send you text messages, phone calls or emails to remind you to pay off your debts as soon as possible. If you fail to pay off your debts for a long time, Shanghai Pudong Development Bank may freeze your credit card account and prohibit you from using the credit card again.

Secondly, if you are overdue for more than 90 days, Shanghai Pudong Development Bank will submit your personal information to the central bank's credit information system, which will affect your personal credit record and credit score, thus adversely affecting your future credit loans. In addition, within the scope permitted by law, Shanghai Pudong Development Bank also has the right to force you to repay by some legal means, such as publicizing your personal information and taking legal action to collect debts.

Finally, like other banks, Shanghai Pudong Development Bank may send professional collection personnel to collect money at home. These collection personnel usually take various measures within the scope permitted by law, including telephone, SMS, email and other means to communicate and collect, but will not take any illegal or violent means to collect.

In short, overdue repayment of credit cards will have a negative impact on everyone's credit record and credit score, and may lead to more serious consequences. Therefore, when holding a credit card, you should fully understand the relevant policies and regulations of the bank, properly manage your credit card account, and avoid overdue repayment. If you do encounter repayment difficulties, you can contact Shanghai Pudong Development Bank in time to make a repayment plan as soon as possible, so as to lighten your burden and reduce the adverse effects.