What does the short message sent by the bank mean, and the overdraft must be submitted to the basic database of financial credit information?

This means that if the credit card overdraft fails to repay, the bank will keep this record on the financial credit platform.

This will affect your future loan application, credit card application and so on. At the same time, there will be some late fees, interest, over-limit fees and so on after the deadline.

There will also be bad records in the credit record. If you buy a house or a car with a loan later, it will be greatly affected. This is equivalent to the bank breaking off diplomatic relations with you, and it is no longer a trustworthy partner.

Extended data:

Correct practice after overdue

1. If the credit card is overdue. But we didn't get a phone call from the bank, only a short message from the bank or an email about the deposit.

At this time, I need to call the bank to explain the reason at the first time, and what I need to do is to return the money to the bank in time. Only in this way will there be no bad records in the credit investigation.

2. In another case, the overdue time is less than 3 months, and during this period, I have been receiving various collection calls from banks or collection companies. But the credit card used has not been frozen. What needs to be done at this time is to contact the bank actively.

Express the willingness to repay in communication. Repay in full if you can repay in full. If not, arrange repayment in installments with the bank and pay back the money owed to the bank on time every month.