Standard And Algorithm Of Interest Rates Before Credit Cards Are Handled

Two years ago, I paid 54 yuan for my credit card and forgot to repay it. Two years later, she owed it.

Recently, members of the public have met with a troublesome matter.

Forget the repayment after credit card consumption.

According to Ms. Zhang, the card of the CCB was held for two years to help her friends. After several times, she forgot the card. She received a text message from the bank last week and said she owed more than 2000 yuan.

Reporters and Ms. Zhang came to the Tieling branch of the Construction Bank to understand that two years ago, Ms. Zhang spent 54 yuan on the card, but she never paid it back.

After a total of 21 months, the total amount of arrears was 2042.3 yuan.

No way, Zhang can finally pay back the money.

Many credit cards are used.

"Users who use credit card overdue repayment will receive 5/10000 interest per day from the day of credit card or cash withdrawal.

If the agreement signed between the user and the bank includes late fees, overdue interest rates and interest rates, the bank will collect interest according to the agreement.

People's Bank of Tieling branch office staff told reporters.

The staff said that once the credit card was used, the interest rate was immediately started.

Take China Construction Bank as an example, according to 30 days per month, the overdraft interest is 1.5% per month.

When the cardholder fails to pay the minimum repayment amount, he will not pay part of the minimum repayment amount, but also pay 5% of the late fee.

When the cardholder exceeds the credit limit, the excess portion should be paid 5% monthly overdue fee and the minimum repayment amount will not be paid.

That is to say, when the user stops paying the repayment, the overdraft interest is 1.5%+ overdue 5%+, the 5%= exceeds the limit, the monthly debt is increased by 11.5%, and the monthly compound interest is calculated.

Overdraft and timely repayment, year-end remember audit

Ren Changli, a financial planner of Tieling branch of the Construction Bank, told reporters that credit card is a comprehensive financial product that combines functions of overdraft consumption, pfer settlement, cash withdrawal and other functions.

Nowadays, more and more people choose to pay by credit card. At the end of the year, it is the peak period of credit card shopping, so citizens should know how to use credit cards correctly.

Ren Changli said that now is the end of the year, we must remember to check accounts, check all their credit cards, and do not want to write off in time.

In addition, when using credit card, you must see clearly the terms and conditions of the agreement signed with the bank, and understand the interest rate standard and calculation method charged by the bank after the arrears are overdue.

We should try to return the amount of overdraft within the prescribed time limit, or to repay the minimum amount of repayment so as to avoid the reduction of personal credibility and avoid future credit business.

Credit card holders should pay the annual fee of credit card on time. If the card is put on hold for a long time and the annual fee is not paid on time, it may cause the annual fee overdraft and interest deduction, which will also affect personal credibility.

If conditions permit, do not use too many credit cards, which will pay more annual fees.