1. What will happen if the credit card is overdue for a long time?

1. If the credit card is not repaid for a long time, the bank will sue you. If the principal is overdrafted for more than If the amount exceeds 10,000 yuan and is still not repaid after being called by the bank, you may be subject to criminal sanctions.

2. The "Criminal Law" provides for one of the following circumstances. Whoever commits credit card fraud and the amount is relatively large shall be punished with a fine of not more than five years or a fine of not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there is For other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 5 years but not more than 10 years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan. Fines of not less than 10,000 yuan but not more than 500,000 yuan or confiscation of property:

(1) Using a forged credit card, or using a credit card fraudulently obtained with false identification;

(2) )Using an expired credit card;

(3) Pretending to use another person’s credit card;

(4) Malicious overdraft.

2. What are the standards for banks to identify overdue records? 1. When banks evaluate loan applicants, in addition to assessing repayment ability and loan purpose, they will definitely Focus on assessing the applicant's personal credit. However, each bank has different standards for "how many times the loan is overdue".

2. Generally speaking, if the total number of overdue items reflected in the credit report does not exceed 6 times, and the overdue items do not exceed 3 times in the past year, the bank will consider that there are no serious problems with the credit record. If the applicant has no loan overdue record and only has one or two overdue credit cards, such a credit report will not have a serious impact.

3. However, if it is currently overdue, that is, a credit card happens to be overdue when applying for a loan, even if the credit was very good before, the current overdue impact on the loan application will be very serious, and it is usually impossible to obtain a loan.

3. How to deal with a credit card overdue

1. It is best to continue to use this card

After it expires, the best way is to continue to use this card For a card, the original negative record will be overwritten with a new normal repayment record. Generally, a new credit record will be generated after 24 months, so that personal credit, etc. will not be affected after the record is refreshed.

2. Don’t run away.

If you are overdue for a long time, your credit card will charge compound interest and there will be high late payment fees. If you run away, the bank will think that you are maliciously overdrafting and will call the police.

3. Inability to repay must be explained in time

If you are unable to repay on time due to unemployment or illness, state your financial situation before the final repayment deadline and declare that you are not malicious If you owe money, you can apply for delayed repayment and interest discounts.

4. It is best to repay in full and explain

If you forget to repay due to usual carelessness, you must repay in full as soon as possible after discovering that it is overdue, preferably in full. , because after full repayment, you have the best chance of winning if you call the bank to explain that the debt is not malicious and request to eliminate the overdue record.

The consequences of being overdue are still very serious. If you do not handle it in time, you may face the risk of litigation. Contact a legal advisor to solve your overdue troubles.