Current location - Trademark Inquiry Complete Network - Overdue credit card - What are the consequences of not paying back the credit card? You can't bear any of these. With the popularity of credit cards, more and more people use them. Some of them refuse to pay back after ove
What are the consequences of not paying back the credit card? You can't bear any of these. With the popularity of credit cards, more and more people use them. Some of them refuse to pay back after ove
What are the consequences of not paying back the credit card? You can't bear any of these. With the popularity of credit cards, more and more people use them. Some of them refuse to pay back after overdraft. Even if the court asks them to pay back by force, they escape by various means. Such people are also called "Lao Lai". Then, what are the consequences if you don't pay back the money because of your credit card? I suggest everyone know about it. The failure to repay the credit card debts has seriously affected the social and financial order. < strong > The joint department of the Supreme Law has taken the following measures against this kind of people :

1. Restrict the untrustworthy people from taking high-level seats by plane and train;

2. Freeze its financial management account;

3. Restrict exit and high consumption;

4. Restrict lending or handling credit cards in financial institutions;

5. The credit card already held will be cancelled and the loan applied for will be frozen;

6. Expose personal information on the big screen in public places;

7. Customize special color ring tones for Lao Lai and so on. < /p > In addition, if the amount of money owed by the credit card is large, Lao Lai will also face legal sanctions: < /p > Article 196 of the Criminal Law stipulates that cardholders who overdraw beyond the prescribed limit or within the prescribed time limit and fail to return it after being urged by the issuing bank will be < strong > sentenced to fixed-term imprisonment of not more than five years or criminal detention and fined from 2, to 2, yuan < If the amount is especially huge or there are other particularly serious circumstances, he will be < strong > sentenced to fixed-term imprisonment of not less than 1 years or even life imprisonment, and fined not less than 5, yuan but not more than 5, yuan or confiscated property < /strong >.