1, resulting in bad credit records;
2. Generate interest: calculate the daily interest at 0.05 from the consumption bookkeeping date;
3. Late payment fee: 5% of the unpaid part of the minimum repayment amount will be used as late payment fee, which will be collected monthly;
4. The bank will sue;
5. No credit business shall be conducted in this bank within 5 years from the date of paying off debts. If the credit card is not repaid, the bank will collect it through multiple channels. If repayment is indicated and a repayment plan is made, the bank will not report it as a criminal case. If you refuse to repay, the bank will generally sue through civil channels, and if you don't repay, you will start the reporting procedure. If the police do not repay after filing a case, it may constitute credit card fraud.
Legal basis: Article 196 of the Criminal Law of People's Republic of China (PRC) commits credit card fraud under any of the following circumstances. If the amount is relatively large, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property.
Interpretation of Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Impairment of Credit Card Management Article 6 If a cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession and fails to return it for more than three months after repeated collection by the issuing bank, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.