No, overdue credit cards can't be washed white, and they can't be renewed until five years after the date of repayment.

malicious overdraft of credit card means that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it for more than 3 months after being repeatedly urged by the issuing bank.

Consequences of malicious overdraft of credit card:

1. Bad credit record;

2. late fees and interest are generated;

3. The bank will sue;

4. You can't handle credit business in the bank within 5 years from the date of paying off the debt.

extended information

1. Consequences of overdue

1. Liquidated damages, usually the minimum repayment amount, account for 5% of the unpaid part.

2, high interest, and it is a rolling interest, and interest is very scary when there are many debts.

3. The overdue period will stain the credit record, which will lead to the inability to handle financial needs such as house purchase and loan in the next two years.

4. If it is overdue for more than 3 months and the amount exceeds 1,, the bank has failed to make several reminders, and it will not only pay back the money, but also bear criminal responsibility.

2. Cancellation status

1. If you don't intend to continue using the credit card, you must do it. If you don't cancel the account, the bank will charge the annual fee of the credit card.

2. You can apply for account cancellation at any time if the card is not overdrawn.

3. If the card has not expired, you need to apply first, and then go to the bank for account cancellation after a certain period of time; If the card has passed the validity period and the account balance is zero, you can go directly to the designated bank outlet to cancel the account. When closing the account, you should bring the original valid identity certificate and card. If it is not convenient for me to go through the formalities of closing the account, someone else can do it for you. The agent must hold the power of attorney written by the principal (himself) and bring the original valid identity certificate to handle the account cancellation business.

4. If your card has not expired when you cancel your account, some banks stipulate that you need to go to the designated outlets to receive the card, and then go through the formal account cancellation procedures after a certain period of time (up to 3 days). This is mainly because if the cardholder has done a manual card pressing transaction before closing the account, the cardholder has already closed the account before the merchant has handed in the card pressing form to the bank for entry, so that the bank cannot liquidate normally;

5. On the other hand, if the cardholder is in consumption abroad or withdraws cash, it may be several days before liquidation. If the account is cancelled immediately, it will also affect the normal liquidation of the bank.

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