1, overdue "tolerance"
"Time tolerance" means that if the cardholder fails to repay in time on the due date, there is a grace period, during which repayment will not be punished and will not be uploaded to the credit information system.
But if you don't pay back the money after the grace period, it is likely to be uploaded to the personal credit information system.
The grace period of each bank is different. Most banks have three days (this is a natural day, not a working day).
2. Expired "tolerance"
"Tolerance" means that the cardholder fails to repay in full in the current period, and if the unpaid part in the account is less than or equal to a certain amount after the due repayment date, it is deemed that the cardholder has repaid in full, and the unpaid amount will be automatically transferred to the next bill, and this situation will not be recorded in the bad credit report.
The tolerance amount is generally within 10 yuan, but different banks have different tolerance policies, such as China Merchants Bank, Communications, Huaxia, Shanghai Pudong Development Bank and Xingye.
Extended data
"Three consecutive years and six consecutive years" is a general term for "three consecutive years" and "six consecutive years". "Three consecutive months" refers to overdue repayment, and "six consecutive years" refers to accumulated overdue repayment.
In the eyes of banks, whether it is "three companies" or "six companies", it is a serious problem. People in both cases will be classified as "problem customers", that is, they will enter the "blacklist", which will have a serious impact on the future lending business.
For example, if a borrower applies for a loan from a bank, the bank will check his personal credit report to understand the credit situation. If the borrower has a record of "three times in a row, six times in a row", the bank will be particularly cautious when approving the loan, and will ask the borrower to provide the previous repayment list to understand the details of overdue repayment, such as overdue amount. , and take measures such as raising the loan interest rate, reducing the loan amount and shortening the loan period as appropriate. The loan is likely to be rejected.
Comparatively speaking, the accumulated six overdue repayments may be slightly lighter than the three-month overdue repayment. Overdue for three months will be suspected of malicious repayment. Accumulated overdue for 6 times can be regarded as unintentional behavior.
Resources Baidu Encyclopedia-Expired
Baidu encyclopedia-overdue repayment