1. How long will it take for you to be sued if you owe 2,000 on your credit card?

If you owe 2,000 on your credit card and are overdue for more than three months, you will be sued. If the overdraft amount reaches more than 10,000 yuan and is not repaid for more than 3 months after two collections by the card-issuing bank, it constitutes a crime of credit card fraud and will be prosecuted for criminal liability.

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

Article 196

Under any of the following circumstances, credit card fraud shall be If the amount is huge or there are other serious circumstances, the sentence shall be 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; if the amount is huge or there are other serious circumstances, the sentence shall be not less than five years but not more than 10 years of fixed-term imprisonment and a fine of not less than 50,000 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 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 expired credit card;

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

(4) Malicious overdraft.

The so-called 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 it even after being called upon by the card-issuing bank.

Anyone who steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.

2. What will happen if you are sued for an overdue credit card?

1. The bank’s continuous reminders

When a borrower overdue repayment, the bank’s credit card customer service The center will first make multiple phone calls; if the payment is still outstanding, the bank will entrust a third party to collect the payment, usually through continuous phone calls, text messages, or even door-to-door collection; after repeated calls for payment but not repayment, the bank will The court prosecutes.

2. Being sued by the bank and unable to apply for a loan

The cardholder will be added to the credit blacklist and unable to apply for a loan. The court will collect collection. After receiving the court summons, after investigation and Persuade and urge repayment, but if the cardholder refuses to repay, the court can take enforcement action; subsequently, the court will liquidate the cardholder's assets to repay the card debt and freeze the relevant property.

3. Malicious default will result in imprisonment and fines

If your credit card is overdue for three months, it can be considered a malicious overdraft penalty. However, if you communicate with the bank in advance and prove your repayment, If you have a repayment ability and a repayment plan, you will generally not face criminal liability. However, the court ruled that cardholders who still do not return will be dealt with in accordance with the "Criminal Law". In serious cases, they may face consequences of three years in prison and fines. In particularly serious cases, they may face longer term imprisonment of three to seven years and a fine. fine.

Being overdue on your credit card will bring you very serious consequences. In addition to being required to bear overdue interest, in serious cases, as long as you fail to repay for more than three months, you will also face prosecution. Therefore, It is particularly important for you to repay your loan on time. Only by fulfilling your repayment obligations can you protect your rights and interests.