Can I go to the police station to surrender if I owe 500,000 yuan on my credit card?

Yes

As for the question you asked about the surrender process for credit card debt, any police station Anyone can go in and surrender. The offender may be sentenced to not less than five years but not more than ten years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan, and may be reduced or given a lighter sentence by surrendering. The principal and interest paid before the crime will also need to be repaid after serving the sentence. If you are able, it is recommended to raise funds to repay in time.

If I can’t pay off my credit card, can I surrender?

Defaulting on my credit card is not necessarily a crime. Only credit cards can constitute a credit card crime. If a person is suspected of a crime and surrenders, he should be given a lighter punishment or be exempted from punishment. \If the cardholder maliciously overdraws a credit card of more than 10,000 yuan for the purpose of illegal possession, and if the card-issuing bank fails to return it for more than 3 months after two collections by the card-issuing bank, he will be held criminally responsible for credit card crimes. \Legal basis: Credit card crime refers to the act of illegally possessing, violating credit card management regulations, using credit cards to carry out activities, and defrauding a large amount of property. The use of credit cards generally refers to the use of counterfeit or invalid credit cards, or the fraudulent use of other people's credit cards or malicious overdrafts. The credit card crime is a type of crime. The relationship between the crime and the crime is the special law and the general law. In this crime, the credit card is a criminal tool. If the perpetrator uses the credit card as a criminal tool, the special law shall prevail over the general law. In accordance with the principle, the person shall be convicted and punished for this crime. , Article 196 of the "Criminal Law" Under any of the following circumstances, whoever engages in credit card activities and the amount is relatively large shall be sentenced to not more than five years or criminal detention, and shall also be fined 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, the sentence shall be not less than five years but not more than ten years, and a fine of 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, the fine shall be not less than five years but not more than ten years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; Fines of up to RMB 100,000 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. \The so-called malicious overdraft referred to in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. , "Interpretation of the Supreme People's and Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases Obstructing the Management of Credit Cards"\Article 6 The cardholder exceeds the prescribed limit or overdrafts within the prescribed period for the purpose of illegal possession, and the card-issuing bank has twice If the money is not returned more than 3 months after collection, it shall be deemed as a "malicious overdraft" as stipulated in Article 196 of the Criminal Law. \Any one of the following circumstances shall be deemed as "illegal possession for the purpose" as stipulated in the second paragraph of Article 196 of the Criminal Law: \(1) Knowing that one has no ability to repay and overdrafting a large amount, which cannot be returned;\ (2) Wanton squandering of overdraft funds that cannot be returned; (3) Escape, change contact information, and evade bank collection after overdraft; (4) Escape or transfer funds, hide property, and evade repayment; (5) ) Using overdraft funds to carry out illegal and criminal activities; \(6) Other behaviors of illegally possessing funds and refusing to return them. \A malicious overdraft, if the amount is more than 10,000 yuan but less than 100,000 yuan, shall be deemed as a "large amount" as stipulated in Article 196 of the Criminal Law; if the amount is more than 100,000 yuan but less than 1 million yuan, it shall be deemed as The "huge amount" stipulated in Article 196 of the Criminal Law; if the amount is more than 1 million yuan, it shall be deemed as the "especially huge amount" stipulated in Article 196 of the Criminal Law. \The amount of malicious overdraft refers to the amount that the cardholder refuses to return or the amount that has not yet been returned under the conditions specified in the first paragraph. Excludes compound interest, late fees, handling fees and other fees charged by the card-issuing bank. \Malicious overdrafts should be investigated for criminal liability, but if all the overdrafts and interests have been repaid after the public security organ files the case and before the people's judgment is pronounced, they may be given a lighter punishment. If the circumstances are minor, they may be exempted from punishment. 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.

What is the process for surrendering credit card debt?

The law does not have special provisions on the process for surrendering credit card debt. If the parties want to surrender, they can directly surrender to the public security organs and explain the facts of the case.

Legal Basis

Article 196 of the "Criminal Law" stipulates that anyone who engages in credit card activities under any of the following circumstances and the amount is relatively large shall be sentenced to not more than five years or criminal detention. A fine of not less than 20,000 yuan but not more than 200,000 yuan shall be imposed; if the amount is huge or there are other serious circumstances, the fine shall be not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed; if the amount is particularly huge or there are other special circumstances In serious cases, a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscation shall be imposed for serious cases: using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate; using an invalid credit card; Pretending to use someone else’s credit card; overdrafting maliciously. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank.

This is the end of the introduction about overdue credit card surrender and how to deal with overdue credit card surrender. I wonder if you found the information you need?