1. How much overdue credit card principal will be sued?

Regardless of the amount of credit card debt, civil lawsuits may be filed. As long as there is a debt, you may be sued by the bank, which is decided by the bank. If the overdraft amount reaches more than 50,000 yuan and has not been repaid for more than 3 months after being collected twice by the card-issuing bank, it constitutes a crime of credit card fraud and will be prosecuted for criminal liability. If the malicious overdraft amount is relatively large and all the overdraft interest has been repaid before the public security organ files the case, and the circumstances are obviously minor, criminal liability may not be pursued in accordance with the law. Malicious overdraft refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and still refuses to return the card after being called upon by the card-issuing bank.

2. What are the advantages and disadvantages of suspending credit card interest rates?

(1) Benefits

1. After suspending credit card interest rates, you can repay the debt in installments to avoid profit rollover. A favorable situation occurs.

2. The interest-free period can be divided into up to 5 years of repayment to ease the repayment pressure, and repayments will be made every month in accordance with the agreement.

3. After handling the suspension of interest payments, the bank will no longer collect debts from the cardholder.

4. After suspending the account, you no longer have to worry about being sued by the bank. It is recommended that you record the account before handling it as a voucher.

(2) Disadvantages

1. Suspension of interest is done when the credit card is overdue, which has resulted in bad credit.

2. Before the debt is owed, No further credit business from any bank can be processed until all is settled.

3. If you fail to repay as agreed, collections will come back, and the bank may even directly sue you for credit card fraud.

3. How to collect debts if a debtor maliciously defaults on debts

If a debtor maliciously defaults on debts and fails to repay, the creditor may file a lawsuit in court. The following issues should be noted in litigation:

(1) Limitation of action: File a lawsuit in court within three years from the time when you know or should know your rights and interests.

(2) The court where the lawsuit is filed: The lawsuit should be filed in the court where the defendant (the debtor) is located (the place of household registration or habitual residence).

(3) Collection of evidence Evidence needs to be collected comprehensively, such as IOUs, audio and video recordings, witness statements, etc.

(4) If the creditor wins the lawsuit, the court will enforce it in accordance with the law. If the debtor does not have cash to repay, he can apply to the court for enforcement.

Is an overdue credit card still considered a liability for breach of contract? Generally, as long as the payment is not repaid for more than three months, the party concerned can be held civilly liable and can be resolved through litigation. As long as the court gives As a result of the judgment, the debtor needs to fulfill his repayment obligations. If he refuses to repay, he can be punished for the crime of refusing to execute the judgment or award.