1. Interest and late payment fee: Interest generally refers to the full penalty interest, that is to say, even if the customer repays a part, the repayment part will not be deducted when calculating the penalty interest, and the interest expense is usually calculated at five ten thousandths of the daily interest. The late payment fee refers to the "late payment fee" charged by the cardholder for the unpaid part of the minimum repayment amount when the actual repayment amount on the due repayment date of the credit card is lower than the minimum repayment amount. The proportion of overdue fine shall be uniformly stipulated by the People's Bank of China, which is 5% of the unpaid part of the minimum repayment amount.
2. If the repayment is overdue for more than 3 times, you can apply for a small credit card or borrow a high-interest loan.
3. If the bad credit record is overdue for more than 6 times and 1 time is not returned, it will be blacklisted by the Personal Credit Information System of the People's Bank of China. Being blacklisted may affect work, school and going abroad. Don't think that it affects only yourself, your spouse and children. At that time, it was too late to regret, and the credit report did not believe in tears.
4. Bear criminal responsibility: maliciously overdue payment, exceeding the prescribed limit or time limit, and not returning it for more than 3 months after two reminders by the issuing bank, which is characterized as "malicious overdraft".
legal ground
Article 196th of the Criminal Law of People's Republic of China (PRC) has one of the following circumstances, which constitutes the crime of credit card fraud. If the amount is relatively large, he 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 ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) using a forged credit card or using a credit card fraudulently obtained with false identification; (2) Using an invalid credit card; (3) Fraudulent use of another person's credit card; (4) malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank. Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.