But banks usually give credit card holders a grace period of about 3 days for repayment. Repayment within the grace period is on time and not overdue.
However, if the grace period is exceeded, it is overdue, so the repayment is overdue after five days, and the bank will report the overdue record to the central bank for credit investigation. Warm reminder: Only by using a benign card can you confirm your good credit.
Credit card holders should fulfill their repayment obligations in time after they have overdue repayment and received a bank reminder.
Otherwise, it may be sued by creditors and may be enforced.
If the debtor overdraws beyond the prescribed limit or time limit for the purpose of illegal possession and refuses to return it after being urged by the issuing bank, it may constitute the crime of credit card fraud.
If it constitutes a crime, it shall be subject to criminal sanctions, and the court shall determine the sentencing according to the facts of the crime.
The importance of the credit report should be relatively large. It is an international practice to develop the credit information industry. In China, credit reports objectively record the credit activities of information subjects, which is helpful for creditors to judge the credit status of information subjects. To some extent, it is called the "economic identity card" of our information subjects, including enterprises and individuals. At present, the largest amount of our (credit report) is in the financial system.
In the financial system, at present, it should be said that under the various links of bank's pre-lending approval, risk pricing and post-lending risk management. Every loan approval, every credit card issuance, every risky product pricing, every customer's risk warning, and every collection of non-performing loans of financial institutions need to inquire about the credit report of the parties concerned. It can be seen that the inquiry of credit report has been fully and deeply embedded in the management system of financial institutions. In the process of credit management, financial institutions increasingly use and rely on credit information system.
In addition, with the improvement of public credit awareness in recent years, the application scope of credit reports has become wider and wider, and it has gradually increased. Think about it. It's a lot of money. At present, from all aspects of social and economic life, such as housing lease, transportation, centralized procurement, product project bidding, investment promotion activities, etc. These reports are used for business transactions and business cooperation.