What will happen to the credit card after it is confiscated?

1. What should be done to the money owed to the credit card after it is confiscated?

(1) Pay back the money and pay interest;

(2) Those who have no money to repay their credit cards may be subject to enforcement measures, such as freezing and auctioning their property;

(3) If the credit card is not returned within the time limit for the purpose of illegal possession, it may be suspected of credit card crime and need to be subject to criminal punishment.

2. Legal basis: Article 676 of the Civil Code of the People's Republic of China

If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or relevant state regulations.

2. Will all bank cards be frozen after the credit card is owed?

1. After the credit card is owed by the bank, if the customer can pay off the debt according to the judgment, the bank card under his name will naturally not be frozen. If the customer refuses to repay the loan after the judgment, it is very likely that the customer will be included in the list of people who have been executed in bad faith. At that time, it is very likely that the bank card under the customer's name will be frozen and the funds in it will be deducted to pay off the arrears.

2. What are the consequences of credit card arrears?

Credit card arrears have the following consequences:

(1) The debtor should pay extra overdue interest and liquidated damages;

(2) The debtor's personal credit report may produce bad records;

(3) It may be enforced after being seized.

what about the original loans and credit cards of people who have lost their trust?

All the original loans and credit cards need to be repaid normally, and a certain percentage of penalty interest will also be generated.

1. Can the person who has broken his promise still use the credit card?

if the person subjected to execution is included in the list of people subjected to dishonesty, if the credit card is not frozen, it can be inherited and used, but after the bank credit card is used, it cannot be used normally.

second, the legal basis.

Measures for the Administration of Credit Card Business

Article 37 After the cardholder has paid off the overdraft principal and interest, the account can be cancelled under any of the following circumstances:

(1) The cardholder does not replace the credit card 45 days after its expiration;

(2) after 45 days of reporting the loss of a credit card, there is no supplementary card and a new card is not replaced;

(3) The credit card has been withdrawn by the issuing bank for 45 days because of its poor reputation and being included in the stop payment list;

(4) the cardholder dies for some reason, and the card issuing bank has recovered his credit card for 45 days;

(5) The cardholder requests the account cancellation or guarantor to cancel the guarantee and has returned all the credit cards for 45 days;

(6) there has been no transaction in the credit card account for more than two years (inclusive);

(7) The cardholder violates other regulations, and the card-issuing bank thinks that the cardholder should be disqualified.

Third, the person subject to breach of trust will be subject to other restrictions.

1. For example, the application for civil servants and institutions is restricted, and the evaluation and awards are restricted, and they are not allowed to participate in being recommended as representatives of party congresses, deputies to people's congresses and candidates for CPPCC committees at all levels;

2. Restrict the application for joining the China * * * production party, prepare for becoming a full member, evaluate the first and evaluate the best, and be promoted;

3. Restrict his position as a senior manager or remove him from his post;

4. Restrict its registration or filing as the person in charge of social organizations;

5. It is restricted to serve as a director, supervisor or senior manager of a bank financial institution or a financing guarantee company.

6. Restrict the person who has lost his trust from applying for government compensation and social security fund support.

7. When examining and approving applications for policy support such as investment, import and export, science and technology, inquire whether the relevant institutions and their legal representatives, actual controllers, directors, supervisors and senior management personnel are untrustworthy executors, as a prudent reference for them to enjoy the policy.

How do people who can't pay back their credit cards?

The ways to deal with people who can't pay back their credit cards are as follows:

For those who can't pay back their credit cards, the issuing bank will naturally send text messages and call the other party for dunning from time to time, and the overdue situation will be reported to the central bank's credit information system, leaving a bad record in the cardholder's credit information report. The bank will charge a penalty interest every day until the cardholder pays off all the debts.

and if the cardholder fails to repay the loan for a long time, the bank fails to respond to many reminders, or even can't contact anyone. In addition, the bank is likely to file a lawsuit against the cardholder and ask the cardholder to repay the loan through legal channels.

if the cardholder fails to repay the loan after the judgment, it may be enforced, such as freezing the property under his name, deducting the funds in the bank card under his name to offset the debt, or seizing or auctioning the assets and using the proceeds to repay the loan.

and if it is found out that the cardholder actually has the ability to perform and deliberately fails to perform the repayment obligation, it is estimated that the cardholder will be included in the list of people who have been executed for breach of trust.

Let's stop talking about how to handle Lao Lai's credit card.