There is already a bad record of overdue card suspension, and the bad credit record will be recorded in personal credit information, which will be eliminated after five years. Some serious cases can be postponed to ten years, and some serious cases will enter the permanent blacklist, so the amount should be paid off in one lump sum.

Consequences of overdue repayment of bank credit cards:

1, resulting in penalty interest;

2. Produce bad credit records;

3. dunning by lending institutions;

4. Dispose of the assets of the borrower and guarantor;

If the circumstances are serious, you may go to jail.

If the credit card is overdue, you can't apply for installment repayment. There is already a bad record of overdue card suspension, and the bad credit record will be recorded in personal credit information, which will be eliminated after five years. Some serious cases can be postponed to ten years, and some serious cases will enter the permanent blacklist, so the amount should be paid off in one lump sum.