It is not illegal to owe money by credit card, but you will not go to jail directly. According to China's current laws and regulations, Article 28 of the Criminal Law clearly stipulates the crime of illegal lending, specifically as follows: illegally absorbing public deposits or engaging in other illegal financial activities without permission of financial institutions, with a large amount, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; If the amount is especially huge, he shall be sentenced to fixed-term imprisonment of not less than five years.

In addition, many people become blacklists of online loans after overdue, but I don't know that in addition to overdue, bad multi-head lending will also be blacklisted. Specifically, you can use the kingfisher data to test your long-term lending situation. Long-term lending mainly refers to the application of individuals in lending institutions in the near future. It is suggested that you can slow down yourself first and stop all lending-related operations within three months. After three months, the natural risk index will be reduced and the blacklist will be eliminated.

In short, for our own financial security, we should plan our consumption and loan plans reasonably, don't rely too much on credit cards and loans, and pay back on time strictly. When you encounter repayment difficulties, you should contact and communicate with the bank in time to try to reach a repayment plan.