In recent years, the consumption of credit card has gradually become the mainstream. As we all know, the consumption bill of last month is settled by credit card every month, and many people will be overdue inadvertently. So, how long is the credit card overdue? Can credit card be used for loan when it is overdue?
How many days after the credit card is overdue?
1. Time service
Time tolerance service means that on the day when the repayment date of the credit card is due, the cardholder does not repay the loan on time. Although it is overdue, the bank will give the cardholder another grace period, which is generally three days. If the current bill is paid off within the grace period, the bank will not impose penalty interest or upload bad records. However, if the grace period is exceeded and no repayment is made, the bank is likely to upload bad records to the personal credit system.
Credit card overdue for several days
Some card friends forget that repayment is overdue. After full repayment, no matter whether the grace period is exceeded or not, they should contact the bank at the first time to check whether the overdue payment has been uploaded and strive for a chance. If they ignore it, they are likely to be uploaded with credit records.
2. Tolerance service
Tolerance service means that if the cardholder fails to repay in full after due repayment, and the amount of repayment is less than or equal to a certain amount specified by the bank, it should be regarded as full repayment, and this part of the amount of repayment will be automatically recorded in the next bill. This is only applicable to the small amount forgotten due to negligence, generally about 10 yuan. For example, there is a 2000 transaction and a 9 yuan consumption transaction. When the cardholder repays, he only pays 2000 yuan and forgets to repay the 9 yuan consumption. Although it is overdue, the bank has tolerance service for such small amount of overdue, so bad information will not be recorded. However, the amount stipulated by each bank is different. In case of similar events, you should call to inquire whether the requirements are met.
Therefore, after the credit card is overdue, there is a grace period of at least three days. During this period, the full repayment should be made in time. If it exceeds the three-day grace period, it may be uploaded to the credit reference center. However, no matter whether it exceeds three days or not, the bank calls the customer service for the first time to inquire about the overdue situation and strive for the opportunity not to be uploaded.
Can credit card be used for overdue loans?
1. If the credit card is overdue for more than six times in two years, it cannot apply for provident fund loan
Personal credit card or loan overdue for three consecutive months, or overdue for more than six times in two years, this situation can not apply for provident fund loans. At present, when the general bank or provident fund handles the credit business, it mainly depends on the credit records of the lender in the last two years. Therefore, cardholders who plan to handle provident fund loans to buy houses should not easily use credit cards for consumption, and must ensure timely repayment.
2. Personal credit is bad, commercial loan interest rate should be raised
If some people who want to borrow money to buy a house have overdue their credit cards many times, resulting in poor personal credit. So it is certain that we can not apply for provident fund loans, we can consider using commercial loans. However, due to the bad credit record in the past, most banks will raise the benchmark interest rate by as little as 10%. Of course, if your overdue is very serious and too many times, the bank will not approve your loan application.
Therefore, it can be seen that personal credit records are very important. Bad credit records may affect your credit card application and installment business, and seriously affect your future loan to buy a house. In order to avoid credit card overdue, Xiaobian suggests that you can prepay or set automatic repayment.