Will Changsha Bank's credit card be overdue by one day?

1. Will Changsha Bank have a bad record if its credit card is overdue for one day?

If the card is overdue for one day, there is generally no bad record, because the bank has timely service. If the credit card is unexpectedly overdue once, as long as it is saved in time, there will be no adverse effects. If it is within the grace period of credit card repayment, it is entirely possible. If the repayment grace period is exceeded, there will be a penalty interest after the overdue period, which will be borne by the cardholder. Whether it will affect the credit information depends on your overdue time.

Different banks have different grace periods, ranging from one day to one month, so don't worry about one day's overdue credit reporting. But ICBC needs special attention, because ICBC is the only bank without grace period. Other banks need cardholders to apply for a grace period in advance, and they also need to pay attention.

Second, how to eliminate the bad record of overdue credit cards?

Small non-malicious short-term overdue, as long as good performance, continuous use for a period of time, you can cover up some serious bad records. If it is malicious and bad in nature, then the time will be longer.

1. Grasp the bad records caused by annual fees and other issues, and contact the active bank in time to explain the situation and remedy measures. It is worth noting that in this contact process, it is necessary to grasp no more than 90 days. After the time has passed, it is necessary to report to the central bank's personal credit information system. As long as the attitude is sincere, banks will generally help eliminate bad records.

2. Refresh the consumption record. If contacting the bank doesn't work, you can continue to consume in another way, generating new consumption records and covering the original bad records. Credit card records only show the past 24 months, so don't cancel your credit card.

What if the credit card is overdue?

1. After the credit card is overdue, as long as it is not a malicious breach, there is room for discussion with the bank. If the credit card is overdue due to negligence or objective reasons, it is recommended that the cardholder contact the issuing bank immediately after the credit card is overdue, explain the overdue facts and reasons, and discuss the solution with the bank.

2. Generally speaking, as long as the cardholder pays off the debt in full and on time, the bank will not make any bad comments on the cardholder's usage record, but will truthfully feedback the card usage and repayment record. It is recommended to keep a good record of consumption and repayment, which will continue to increase credit. It should be noted that in this case, the expenses such as overdue interest will be borne by the cardholder, and the bank will generally not reduce it.

Credit card overdue repayment will face the following consequences:

1, credit card late fee.

The so-called credit card late payment fee refers to the fee that the cardholder should pay to the issuing bank in accordance with the regulations when the repayment date is overdue or the repayment amount is lower than the minimum repayment amount.

2. Overdue interest.

After users overdraw with credit cards, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder's repayment is overdue, all the expenses of the cardholder last month will no longer enjoy the interest-free treatment of the bank, and the circulating daily interest rate is as high as five ten thousandths, that is, the annual interest rate reaches 18%.

3. Bad credit record.

Credit card overdue repayment records will enter the central bank's credit information system to generate bad credit records. China's personal credit information records have been networked nationwide. As long as individual residents have handled loan business in banks, applied for credit cards, or provided guarantees for others, credit reports can be found in any domestic commercial bank.

4. Litigation costs.

If the credit card is not repaid for more than 3 months, the bank will ask a lawyer to send a lawyer's letter to the user and bring a lawsuit to the court, and the litigation expenses will be borne by the cardholder.

5. Criminal responsibility for malicious overdraft.

According to Article 196 of China's Criminal Law and relevant judicial interpretations, malicious overdraft refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.

Whoever commits credit card fraud with malicious overdraft shall be investigated for criminal responsibility for the crime of credit card fraud, sentenced to fixed-term imprisonment of not more than five years or criminal detention, and fined not less than 20,000 yuan but not more than 200,000 yuan.

legal ground

Criminal law of the people's Republic of China

Article 196 and relevant judicial interpretations stipulate that malicious overdraft refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession and refuses to return it after being urged by the issuing bank.

Whoever commits credit card fraud with malicious overdraft shall be investigated for criminal responsibility for the crime of credit card fraud, sentenced to fixed-term imprisonment of not more than five years or criminal detention, and fined not less than 20,000 yuan but not more than 200,000 yuan.