First, the bank's requirements for the borrower's credit information:
1. There can be no overdue at present.
2. It cannot be overdue twice in half a year.
3. You can't get a loan three times in a row within two years, otherwise it will be difficult to get a loan.
Second, the consequences of overdue credit cards:
1. For overdue payment, there is not only a late payment fee of 5% of the minimum unpaid part, but also a full penalty interest on the bill (the daily interest rate is 0.5 ‰, the interest will be calculated on the day of consumption, and the interest will be recovered monthly until the principal and interest are paid off).
2, overdue will produce bad credit records in the People's Bank Credit Information Center, and it is difficult to apply for credit cards and bank loans within five years; If the payment is overdue for more than three months or the bank makes more than two reminders, the bank will freeze your card and list you as a prohibited customer (blacklist).
At the same time, you will be sued for credit card fraud and malicious overdraft, which will be enforced by the court. If you refuse to repay the loan after prosecution, and the amount owed exceeds 1 000, the court will impose a sentence on the crime of credit card fraud according to Article 196 of the Criminal Law!
Note: The term of personal credit record is 5 years. You can apply for a loan if you are not overdue for 5 years after the last overdue repayment.