Bad debts on credit cards are more terrifying than overdue payments. There is a common saying in the industry that “one bad debt equals 50 overdue payments.” If you don’t repay your bad debts, you will never get credit for the rest of your life. However, there are many people who do not pay attention to bad debts, and even have credit card bad debts that have not been paid for 9 years. So what are the consequences? Many bad debts are caused by overdue credit cards, especially those that are overdue for a long time and have not been paid off after more than 6 bank collections. Then the bank may set such people's accounts as bad debts, but there are also individual cases, such as arrears. If the amount is small, even if it is overdue for a long time, this may not be included in the bad debts. For credit card bad debts like this that have been in arrears for 9 years, the consequences are often more serious. Of course, the main decision is based on the amount of arrears.

1. If the amount of debt owed is relatively small: for example, if it does not reach 50,000 yuan, it may only be a few thousand yuan or a few hundred yuan. After being included in the bad debt, this situation will not be held criminally responsible, but the card holder After a person's account is set as a bad debt, it is put on the bank's blacklist, which means the bank refuses to deal with customers. Regardless of whether he applies for a card or a loan in the future, he will be directly rejected.

2. If the amount of debt owed is relatively large: especially if the principal reaches 50,000 yuan, and the bank has received two effective collections before it became a bad debt, and the overdue period is more than 3 months, then If a person maliciously defaults on a credit card and is suspected of credit card fraud, the public security organs will intervene in the economic investigation. Once confirmed, he will be arrested and detained. The fraud record will be retained for life, and he may even be listed as a person subject to execution for breach of trust. The above is the relevant introduction to "bad credit card debts that have not been paid for 9 years". I hope it will be helpful to everyone. All in all, the longer the credit card bad debt lasts, the more serious the consequences. The best way is to repay the loan in time and let the bank cancel the bad debt.