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New regulations on overdue credit cards in 2019? How to keep credit card in 2019

Now, the number of people who have credit cards is very large. In the face of the new regulations on overdue credit cards in 2019, card holders should pay special attention to them. After the implementation of the new laws and regulations, people's card keeping habits may need to be changed. Here, I'd like to introduce the new regulations on overdue credit cards in 2019. I hope you can keep your cards reasonably according to the new regulations.

It is understood that the new regulations on overdue credit cards in 2019 have changed in three aspects, including the extension of interest free period, the minimum repayment amount in the first month to be determined by the bank and the change from liquidated damages to late fees.

1. Extension of interest free period

If the credit card you use will extend the interest free period, then you can have a more relaxed time to repay later, and the risk of overdue will be further reduced. In 2019, the interest free period of many banks' credit cards may exceed 60 days.

2. The minimum repayment amount in the first month is determined by the bank

According to the new regulations on overdue credit cards in 2019, the minimum repayment amount in the first month is determined by the bank. In this way, when you repay the bill according to the minimum payment, it is not necessarily 10%. In order to avoid the real overdue, Mr. xicaijun suggests that you re understand the minimum repayment amount of your credit card in the first month, so as to prepare funds in advance.

3. Liquidated damages to late fees

After the implementation of the new regulations on overdue credit cards in 2019, the original liquidated damages will be changed into late fees, and the collection method and amount will also be changed. Therefore, the overdue expenses that you need to bear will also change.

The above is a brief introduction to the new regulations on overdue credit cards in 2019, hoping to help you change your card keeping habits in time. In general, in 2019, the majority of cardholders need to reexamine their card keeping habits.