If you only pay a small part of the credit card due repayment and fail to repay according to the card issuer's requirements, the credit card will be considered overdue, which will affect your credit report and incur liquidated damages. At the same time, the bank will also sue based on its debt behavior and require it to pay the credit card debt. Being overdue for a long time is also suspected of credit card driving crime.

According to Article 92 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks", commercial banks shall implement classified management of credit card risk assets. The classification standards are as follows:

(1) Normal category: Cardholders can repay the amount payable in full before (and including) the due repayment date in accordance with the pre-agreed repayment rules.

(2) Category of concern: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days is between 1 and 90 days (inclusive).

(3) Sub-category: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days is 91-120 days (inclusive).

(4) Suspicious category: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days is 121-180 days (inclusive).

(5) Loss category: The cardholder fails to repay the amount payable in full on the due repayment date according to the pre-agreed repayment rules, and the number of overdue days exceeds 180 days.

Commercial banks are encouraged to adopt a more prudent classification of credit card assets on the premise that the business system can support it, the classification operation is legal and compliant, and the classification method and data calculation method have been approved by the China Banking Regulatory Commission and its relevant agencies. standards, continue to pay attention to and regularly compare important risk management indicators related to reserve accrual, risk asset measurement and other aspects, and take corresponding risk control measures.

Extended information

According to Article 20 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks"?

Commercial banks shall follow prescribed procedures when opening card issuance and acquiring businesses. Report to the China Banking Regulatory Commission and its dispatched offices for approval.

When a national commercial bank applies to open credit card business, its head office (company) shall apply to the China Banking Regulatory Commission for approval.

If a commercial bank that can only engage in business operations in a specific city or region in accordance with relevant regulations applies to open credit card business, its head office (company) shall submit an application to the regulatory agency at the place of registration. After preliminary approval, the bank shall The regulatory authority at the place of registration shall submit it to the China Banking Regulatory Commission for approval.

When a foreign-funded legal person bank applies to open credit card business, it shall submit an application to the regulatory agency at the place of registration. After preliminary approval, the regulatory agency at the place of registration shall submit the application to the China Banking Regulatory Commission for approval.

Article 21 Before applying for credit card issuance or acquiring business, a commercial bank shall communicate with the China Banking Regulatory Commission and its relevant dispatched agencies as necessary regarding the business to be applied for, and explain the credit card business operation model to be applied for. , business process and risk control process design, business system and infrastructure construction plans for each link, and adjust and improve relevant business links based on communication.

Article 22 When a commercial bank applies to open credit card business, it can apply for different types of credit card business at the same time in one application report, but the type of credit card business applied for should be indicated in the application.

References Baidu Encyclopedia - Measures for the Supervision and Administration of Credit Card Business of Commercial Banks