According to the latest updated Civil Code, when the credit card expires, soft violence collection is included in the criminal law. This means that no financial institution may use soft or violent means to collect money from debtors. At present, the bank has introduced a stop-and-go installment repayment method, and the debtor negotiates with the bank himself, with the longest repayment period of 60 installments in 5 years. Some banks require cardholders to produce poverty certificates, disease certificates, income certificates and debt certificates to prove their practical difficulties.

After the credit card is overdue, it can be stopped in stages:

First, avoid bank prosecution;

Second, stop bank collection;

Third, stop the high penalty interest and liquidated damages after overdue;

Fourth, it can be divided into 60 installments in five years at most, and the monthly repayment is as low as several hundred yuan, which greatly relieves the debtor's repayment pressure;

Fifth, there is an opportunity to reduce the penalty interest and liquidated damages that have already occurred;

While you are still thinking about some unrealistic ideas to delay the bill, others have chosen debt restructuring and negotiated with the bank to repay by installments. While you are still struggling, the person you chose has paid several installments according to the negotiated plan, and the debt is gradually decreasing. And you have added a few interest and liquidated damages, and you are also faced with harassment and intimidation of daily collection, and at the same time you have increased the risk of bank prosecution. Negotiation as soon as possible! Don't wait to be sued before trying to solve it. At this time, you are completely passive!

Legal provisions: Article 196 of the Criminal Law:

Whoever commits credit card fraud in any of the following circumstances, if 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 and fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:

(1) Using a forged credit card;

(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.