The overdue credit card will lead to certain financial problems, but generally speaking, it will not directly lead to the freezing of all assets. The following is a detailed explanation of this problem:

1. Bank Freeze Account: When the credit card is overdue seriously or continuously, the bank can freeze the overdue person's bank account. This means that the overdue person will temporarily be unable to use the funds in the bank account, because these funds may be used to pay off overdue debts. But this does not mean that all assets will be frozen, but the funds in the account may be restricted.

2. Deduction measures: Banks can take other measures when they cannot recover overdue debts through normal collection. For example, banks can apply to the court for enforcement and use other property of the overdue person to make up for overdue debts. This may include freezing or deducting other bank accounts, wages, real estate, etc. Repay overdue funds in the name of the overdue person. In this case, the bank will recover the arrears through legal procedures.

3. Credit records are affected: overdue credit cards will also have a negative impact on personal credit records. Overdue records will be recorded in credit reports by banks and credit reporting agencies, which will have an adverse impact on overdue people's future lending and credit activities. For example, banks may refuse overdue loan applications, or increase credit lines and other conditions, thus indirectly affecting personal financial situation.

To sum up, the overdue credit card will not directly lead to the freezing of all assets, but it will have a certain negative impact on the overdue person's financial situation and credit history. When dealing with overdue credit cards, the overdue person should contact the bank in time, actively communicate the solution, pay off the overdue money as soon as possible, and avoid further financial risks.