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What will happen if I owe more than 20,000 yuan to China Merchants Bank’s credit card?

If it is a China Merchants Bank credit card, if you have any consumption, please repay it on time and in full before the due date. First of all, overdue repayment will generate a bad credit record, which will affect your personal credit and future credit business, such as loans. Secondly, overdue repayment will generate interest and late fees. Finally, failure to repay for a long time may violate criminal laws, and our bank will reserve the right to pursue prosecution. right.