1. Not only will there be a late payment fee of 5% for the minimum unpaid part, but there will also be a penalty interest on the full bill (the daily interest will be 0.5 ‰, and the interest will be recovered from the day of consumption until the principal and interest are paid off), and there will also be a bad credit record in the Credit Information Center of the People's Bank of China, which will seriously affect the application for credit cards and bank loans within five years. If the payment is overdue for more than three months or the bank makes more than two reminders, the bank will freeze your card, list you as a prohibited customer (blacklist), and will also sue you for credit card fraud and malicious overdraft, which will be enforced by the court. If you refuse to repay the loan after prosecution, and the amount owed exceeds 1 000, the court will impose a sentence on the crime of credit card fraud according to Article 196 of the Criminal Law! Article 196 of the Criminal Law stipulates that in any of the following circumstances, if a large amount of credit card fraud is committed, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and 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, 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 and he shall use a forged credit card, or he shall use a credit card fraudulently obtained with false identification; Use an invalid credit card; Fraudulent use of other people's credit cards; Malicious overdraft.
2.Ruralcommercialbank (English name: Rural Commercial Bank) is a commercial bank serving local farmers, agriculture and rural economic development in China. The proportion of qualified shares in rural credit cooperatives in China has dropped below 30%. About 303 rural commercial banks and 2 rural cooperative banks have been established, and the total assets of rural banks account for 4 1.4% of the rural cooperative financial institutions in China. In addition, 1424 rural credit cooperatives have met or basically met the conditions for establishing rural commercial banks. Through the reform, the governance model of rural credit cooperatives has undergone fundamental changes, the long-standing problem of insider control has been effectively solved, and the institutions themselves have formed an endogenous driving force to further promote the reform of deep-seated institutional mechanisms. Rural commercial banks are mainly established on the basis of rural credit cooperatives and county (city) rural credit cooperatives. They are joint-stock local financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations under their jurisdiction in the form of joint-stock companies.
3. What's the difference between rural credit cooperatives and rural commercial banks? Mainly reflected in the following aspects: 1. Nature Rural credit cooperatives are local financial institutions of joint-stock cooperative enterprises, and rural commercial banks are regional funds of joint-stock companies. 2. The sponsor rural credit cooperatives are joint-stock local financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations. Rural commercial banks are joint-stock local financial institutions composed of farmers, rural industrial and commercial households, enterprise legal persons and other economic organizations under their jurisdiction. At present, enterprises with certain strength are generally established. 3. As the initiator of the provincial association, the supervision department is mainly supervised by the provincial association, and the commercial banks are mainly supervised by the CBRC. 4. Management methods Credit cooperatives implement democratic management of members, and rural commercial banks take the shareholders' meeting as the highest management institution. 5. Scale strength Generally speaking, compared with rural credit cooperatives, rural commercial banks are larger and stronger. The connection between rural credit cooperatives and rural commercial banks: Although rural credit cooperatives and rural commercial banks are two different forms of rural financial institutions in China, their main purpose is to serve agriculture, countryside and farmers and rural economic development in their respective regions. Rural credit cooperatives focus on farmers, and rural commercial banks need to take into account the goal of coordinated urban and rural economic development on the premise of meeting the needs of agriculture, rural areas and farmers. Generally speaking, rural credit cooperatives and rural commercial banks are in the stage of transformation to banks. With the deepening of financial system reform, rural credit cooperatives will gradually transform into rural commercial banks.