1. Will you go to jail if your credit card is overdue by RMB 20,000?

Generally, you will not go to jail. If a bank loan is overdue for more than 90 days, the bank will sue. If a bank files a lawsuit in court, after the people's court makes a judgment, the borrower should actively perform its repayment obligations. If it refuses to perform, the bank can apply to the court for compulsory execution. During this period, the court will seal up and detain the borrower's property. Once a personal bad credit record occurs, it will first affect your loan application.

2. What are the better ways to solve credit card debt?

If credit card debt cannot be paid, it can be handled in the following ways:

1. Use the minimum payment feature.

Each bank will have a minimum repayment function. As long as the minimum repayment is paid, the bank will not charge late fees and will not affect your personal credit. However, interest will be charged for repaying the minimum, which is 50% interest per day. Therefore, as long as you repay the minimum, although the pressure will be reduced, compound interest will occur, which will be relatively troublesome, and it can only be used as a temporary delay. For overdue fees, different online loan platforms have different names and charging standards.

2. Use the staging function.

If you are under repayment pressure, you can directly apply for bill installment. Generally, banks provide 3, 6, 9, 12, 18, and 24 installments. You can choose the number of installments according to your repayment ability. , This can alleviate the repayment pressure and will not affect your credit.

3. Change the billing date to extend the repayment period.

The billing time cannot be changed casually. Generally speaking, it can be changed once every six months. Some banks change it once a year, and some banks can only change it once.

4. Take the initiative to explain the situation to the bank and negotiate.

If you are unable to repay for a period of time due to special circumstances such as work, you can take the initiative to call the bank and explain the reason, proving that it is not malicious and that there is indeed a reason, and we can discuss whether the repayment can be delayed. Don't change your phone number and ignore the bank. This will destroy your personal credit unless you never deal with the bank again.

If your credit card is overdue, you must actively contact the credit card center to express your willingness to actively repay to avoid being considered a malicious overdue behavior, but you are indeed unable to repay the debt due to limited ability. Yes, then bank staff will provide corresponding preferential repayment policies based on the actual situation to help cardholders better fulfill their repayment obligations.

Legal basis:

"Criminal Law of the People's Republic of China"

Article 196 The crime of credit card fraud involves one of the following circumstances: Whoever commits credit card fraud and the amount is relatively large shall be sentenced to fixed-term imprisonment of 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 are 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, the sentence shall be not less than 10 years of fixed-term imprisonment or life imprisonment, and also a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscation. :

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

(2) Using an invalid credit card;

(3) Pretending to use other people’s credit cards;

(4) Malicious overdraft.

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.

Whoever steals a credit card and uses it for the crime of theft shall be convicted and punished in accordance with the provisions of Article 264 of this Law.