Legal analysis: If you are overdue for about 120 days, you will be prosecuted. Within 30 days, the customer service department of the credit card center will call or send text messages to demand repayment. Within 30 days or less and within 90 days, the collection department will make multiple calls, text messages, or emails to demand repayment. The bank will notify you. If the case exceeds 90 days, it will be handed over to the Legal Department for processing. In the early stage, it is usually handled by a lawyer's letter or a phone call. In the later stage, materials will be prepared and handed over to the economic investigation, or directly prosecuted, or handed over to a low-party third-party company for door-to-door collection. If you file a lawsuit, it usually takes about 120 days.
Legal basis: Article 177 of the Criminal Law of the People's Republic of China and the People's Republic of China. Anyone who obstructs the management of credit cards under any of the following circumstances shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also be sentenced to or A single fine of not less than RMB 10,000 but not more than RMB 100,000 shall be imposed; if the amount is huge or there are other serious circumstances, the person shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years, and shall also be fined not less than RMB 20,000 but not more than RMB 200,000:
(1) Knowingly holding and transporting counterfeit credit cards, or knowingly holding and transporting forged blank credit cards in large quantities;
(2) Illegal holding of other people’s credit cards, Large amounts;
(3) Using false identity certificates to fraudulently obtain credit cards;
(4) Selling, buying, or providing others with forged credit cards or using false identities Prove that the credit card was fraudulently obtained.
Anyone who steals, bribes or illegally provides other people's credit card information shall be punished in accordance with the provisions of the preceding paragraph. Any staff member of a bank or other financial institution who takes advantage of his position to commit the crime in Paragraph 2 shall be severely punished.