You can try to negotiate repayment with the bank. Banks that are overdue for a long time and maliciously owe money can take judicial channels, hoping to attract attention. Serious overdue will leave a bad credit record.
The credit card owes more than 8 thousand
1. If you owe 8,000 yuan to your credit card, you won't go to jail, which is a civil issue; 2. The debtor's overdue repayment record will be recorded in the personal credit report, but the negative information such as overdue repayment is not always recorded in the personal credit report. At present, China's credit record has been maintained for five years. After paying off the debt, anyone can start building a credit record again and start again.
What will happen if the credit card owes 8000 yuan?
If you don't pay back 8000 yuan, the bank will entrust someone to urge you to negotiate with you, and will give you a serious warning and freeze your credit card and bound bank card (if any). According to the provisions of Article 196 of the Criminal Law, if a credit card is maliciously overdrawn by more than 5,000 yuan, the public security department may file a case and impose a fine of more than two years and less than five years. So the bank will give you some time to return it as soon as possible. After all, the bank wants money, not you going to jail.
How many days is the credit card overdue?
Each bank's credit card has a certain grace period for repayment, during which the repayment will not be recorded in the credit report. Most bank credit card repayment grace period is 3 days, and the application does not need to take effect automatically. However, some banks have special provisions on the grace period for repayment, as follows:
1, Bank of China:
The grace period for repayment of the Platinum Credit Card of China Bank is 9 days, and the grace period for repayment of other credit cards of China Bank is 3 days.
2. Postal Bank:
The grace period for repayment by China Post Bank is 4 days.
3. Guangfa Bank and Citibank:
Both Guangfa Bank and Citibank need to apply for a special grace period for repayment, usually around 3 days.
4. Agricultural Bank:
The grace period for repayment of China Agricultural Bank is 2 days.
5. ICBC:
ICBC's Star Card and Struggle Card can have a grace period of three days, while ICBC's other credit cards have no grace period.
What are the consequences of overdue credit cards?
If the overdue period reaches a very serious state, it will constitute a malicious overdraft and will be convicted of a credit card crime. Sentencing standards will be implemented according to the amount of our malicious overdraft, including less than 5 years, less than 5 years of dissatisfaction with 10 year, or more than 10 year, and a fine of 20,000 yuan to 200,000 yuan, 50,000 yuan to 500,000 yuan or confiscation of property.
If the credit card is overdue for more than 6 times in two years, then you can't apply for a provident fund loan. A short-term careless overdue once or twice may still be possible, but if it is overdue three times in two years, then our provident fund loan will be beyond our reach. Because ordinary banks or provident funds mainly rely on the credit records of lenders in the last two years when handling credit business. Therefore, those cardholders who want to apply for provident fund loans to buy a house must pay back on time when using their credit cards.
If the overdue period is not very serious, then theoretically we can still handle the bank loan business. Many cardholders who want to borrow money to buy a house are overdue and have a bad record of credit investigation. In this case, if you apply for a commercial loan, most banks will raise your benchmark interest rate by 10% because of your credit problems. Obviously, the cost of buying a house will increase greatly. If we are overdue many times and seriously, then you will be directly refused the loan by the bank. Therefore, when using a credit card, considering the plan to buy a house in the future, it must not be overdue.
That's all for the introduction of what to do if the credit card is not returned.