1. Can overdue credit card penalties be reduced or reduced?

1. Credit card overdue penalties cannot be reduced or reduced. The parties concerned can try to communicate with the bank and express their willingness to repay, but at the same time explain the difficult situation, try to negotiate a better plan with the bank, and ensure that the repayment is made as agreed and no overdue occurs again.

2. Legal basis: Article 196 of the "Criminal Law of the People's Republic of China"

The crime of credit card fraud involves one of the following circumstances: carrying out credit card fraud activities, If the amount is relatively large, the sentence is to be not less than five years in prison or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan; If the amount is particularly huge or there are other particularly serious circumstances, the sentence shall be not less than 10 years in prison 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 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.

2. How to deal with overdue credit cards

1. Pay off the debt in time, take the initiative to explain the situation to the bank, and keep the account in a normal state;

2. Don’t do it because of If you cancel the card after it is overdue, you should continue to use the credit card normally after the expiration date, spend more, repay on time, and replace the overdue record with a new repayment record;

3. Don’t lose contact after the expiration date, and don’t let the bank Consider malicious overdrafts and arrears, otherwise you may be sued by the bank.