Legal analysis: Yes. If the cardholder is involved in malicious overdue behavior, the bank can apply for auctioning the property to recover the loss, so the mortgaged property may be auctioned, and the bank to which the mortgaged property belongs has the right to apply to the court for compulsory execution. Consequences of credit card failure to repay on time: you have to bear a high penalty interest.

Legal basis: Article 67 1 of the Civil Code of People's Republic of China (PRC). If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. If the borrower fails to collect the loan according to the agreed date and amount, it shall pay interest according to the agreed date and amount.