This question can be answered from three aspects:

First: Currently, many people use credit cards. I also use a credit card with a credit limit of five from the Agricultural Bank of China. Wan is often used for daily shopping and replenishment. Some people who do big business often use the funds in their credit cards for turnover. It is very convenient. They don’t have to borrow money from others and look at other people’s faces.

Second: Generally, you will not go to jail if you owe a credit card. Applying for a credit card is your true identity. If your business becomes insolvent and you end up going bankrupt and cannot pay back the money, you need to explain this situation clearly to the bank. If you provide evidence and state your future repayment plan, it will usually be fine. If you maliciously make a large overdraft, then squander it all, and eventually run away, you will definitely go to jail. Also, if you use false information to apply for a credit card, and then fail to repay the overdraft, it is considered fraud, and you will be sued by the bank. Imprisoned.

Third: There is someone I know who overdrafted nearly 300,000 yuan using five credit cards last year. Due to the epidemic, no one went to the restaurant to eat. After a long time, the restaurant closed down. He couldn't afford to repay, and there was no way to repay as much as he wanted. In the end, the bank didn't sue him. He gave the bank a repayment plan, then went to work to repay the money, and he didn't have to go to jail. According to statistics, the overdue amount of credit cards in 2019 reached 90 billion yuan. It is certain that many people have overdue debts. Generally, they will not be involved in criminal liability, so they do not need to go to jail.

Let me talk about myself. I am also a debtor. I owe more than 160 RMB, and my credit card debt is more than 80 RMB. I am currently overdue for 1 year and 6 months. Among them, CITIC Bank I owe the most on my credit card, which is 260,000 in principal. At present, the bank has sued me in the People's Court, and the verdict has been passed. Other cases with smaller amounts have not been sued so far. Credit card debt is a civil liability. As long as your card opening information is true, your ID card information is your own account opening and your own consumption, it will generally not involve credit card fraud. The so-called going to jail is just a collection threat to intimidate you and make you pay back quickly.

If a credit card is overdue for a long time and has not been paid back for a long time, it goes without saying that the credit report will definitely be spent. Secondly, there is the risk of prosecution. Prosecution will involve legal fees, etc. If the court decides that the debt is still not repaid after the lawsuit is filed, If you make a payment, the bank will apply for enforcement and freeze the bank card in your name, causing you a lot of unnecessary trouble. If the money is not paid back, the court will impose a height limit order and other measures. Of course, if you are still unable to repay after the court's judgment, you can also negotiate with the bank and explain your situation, such as installment repayment, agreed repayment, etc. As long as the bank agrees, it will not apply for enforcement against you. The bank applies to the People's Court for enforcement. The debtor should actively cooperate with the court and report property orders, etc. Otherwise, he may be subject to a height limit order, which will have a certain impact on his life, travel, work, etc.

Don’t worry about bearing high interest rates, liquidated damages, etc. after your credit card is overdue. In order to quickly withdraw funds, banks will usually negotiate with the debtor to repay the principal in one go. When the People's Court files a lawsuit, you should actively go to court after filing a lawsuit, claim that the interest and liquidated damages exceed the national statutory interest, and request an interest rate reduction. Generally, you will get the support of the court.

In the end, the only thing you have to do if you owe credit card debt is to work hard to make money and work hard. This is the only way to truly solve the debt. I hope you will pay off your debt as soon as possible, come on

The first question many debtors think about when facing overdue debt is whether they will be imprisoned. What should I do if I have so much debt and only so much salary? What to do next.

First, let’s talk about whether you will be imprisoned if your credit card is overdue. Owing money is a civil dispute. Under normal circumstances, you will not be jailed. You will only be jailed if it results in credit card fraud, malicious overdraft, and a single transaction exceeding 50,000 yuan.

There are four main behavioral manifestations of credit card fraud, which are clearly stipulated in Article 196 of the Criminal Law, namely: using forged credit cards, invalidated credit cards, fraudulently using other people's credit cards, and malicious overdraft of one's own credit cards.

Listed five situations that fall under "malicious overdraft".