After the credit card of Everbright Bank is overdue, how is the interest and overdue fine calculated? Everbright Bank's credit card forgot to pay back the money, and now how is the interest and overdue fine calculated?
The overdue interest of credit card of Everbright Bank is 0.05% of the outstanding amount collected every day, and the interest is calculated from the time when consumption is recorded.
According to the credit card of Everbright Bank, if the overdraft principal is not more than 15 yuan (2 US dollars, 2 euros), the overdraft principal will be charged; if the overdraft principal is more than 15 yuan, the overdue fine will be charged at 5% of the minimum repayment outstanding part, and the minimum charge will be 15 yuan, or 2 US dollars, or 2 euros. Calculation method of overdue fine when overdraft principal exceeds 15 yuan:
Overdue fine = (minimum payment - amount paid as of the due date) × 5%.
Assuming that the user swipes the credit card of Everbright Bank and consumes 10000 yuan, the minimum repayment amount is 1000 yuan, and there is no repayment before the due repayment date, the overdue fine charged by Everbright credit card is 1000 * 5% = 50 yuan.
In addition, the overdue credit card will also produce bad records. Once the bad records are generated, they will be kept in the credit report for at least 2 years. That is to say, if your credit card has a bad credit investigation within two years, you must not rush to cancel the credit card. You should use the credit card for two years before handling it.