Credit card is a kind of credit service launched by banks. Reasonable use can allow users to purchase their favorite goods in advance. Blind use may cause the credit card to expire. If the credit card is used illegally, the consequences will be very serious. Now for this type of credit card The blow to personnel is very strong, what will be the consequences? Such people will be severely punished.
Illegal use of credit cards means using them outside the scope of regulations, such as using credit cards to maliciously overdraft, using credit cards to make large purchases but not taking the initiative to repay the debt. Such people will be severely punished and even imprisoned. The main manifestations are: The following aspects.
1. In the face of penalty interest, cashing out with a credit card is prohibited. If the cardholder uses the credit card to cash out, makes multiple malicious overdrafts on the credit card, and does not repay after using it, he will face a higher penalty. interest. A malicious overdraft of more than 10,000 yuan on a credit card will require criminal liability.
2. Being collected by the bank, using a credit card is equivalent to using the bank's credit. Each credit card will have a repayment date. Repayment before the repayment date will not affect any fees. If it is overdue, then You will receive a collection call from the bank, urging the debtor to repay the debt as soon as possible. When the debtor cannot be contacted several times, the bank will choose to contact emergency contacts, parents of the debtor, etc.
3. Enter the credit blacklist. The central bank’s credit record records everyone’s credit history. Credit cards are bank business. Users’ consumption and repayment using credit cards will be displayed in the credit report. If there is If the payment is overdue, the overdue time is more than three months, and the number of overdue payments exceeds six times, you will be included in the credit blacklist. In addition, the use of credit cards to maliciously cash out, overdraft and other behaviors will be included in the credit blacklist if the bank controls the risk. Once you enter the credit blacklist, it will be very difficult to apply for housing loans and car loans in the future, and it will also affect travel, hotel check-in, etc.
4. Being sued and jailed. When the overdue amount is large and the overdue time is long, the bank will recover the debt through prosecution; malicious overdraft of more than 10,000 yuan using a credit card will result in criminal charges. responsibility. When the bank proactively contacts the debtor, if the debtor has the ability to repay but insists on not repaying, the court will enforce it. In the future, not only the principal of the debt and all the interest and penalty interest incurred will need to be repaid, but also the debtor will need to pay Fines may be imposed, and in serious cases, cardholders may also be sentenced to fixed-term imprisonment.
Credit cards bring convenience to our lives, but illegal use can also harm ourselves. When using credit cards, you must be within your financial tolerance and ensure that you have enough funds to repay it. If you cannot use it all at once, To pay off, you can apply for installment repayment. In addition, it is prohibited to use credit cards, overdrafts, etc. to withdraw cash.