Why do some people not pay back their credit cards?

The reasons are as follows: the first reason is that banks target customers who do not repay, and they will deal with whoever they draw; the second reason is that users who cannot afford to repay take the initiative to contact the bank, and the bank chooses to believe that they will repay later. The third reason is that the credit card is overdue every month, but the money is paid back every month; the fourth reason is that the credit card holder is overdue for no more than three months.

01. The first reason is that banks deal with customers who fail to pay back their debts.

With the development of society, nine out of ten people have credit cards in their hands. The reason is very simple. It is the high credit limit and early consumption that make many young people flock to it. You must know that the overdraft function of a credit card makes it stress-free to buy anything you want, and it becomes easier to have what you want. However, many people are accustomed to using credit cards to consume in advance, and from time to time they will exceed their consumption level. When they see the bill, they cannot pay back all their wages.

At this time, some friends often perform magical operations and choose to pay back the credit card later, and they start to feel uneasy. However, after the due date, they find that the bank does not pursue them, so they hold a lucky mentality and feel that it is okay not to pay back the credit card. Slowly I forgot about it. But in the short term, it’s not that the bank won’t pursue your money, and there are too many credit cards issued by the bank, and more than one person refuses to pay back the money. The bank will give priority to the large amount and make a call. The bank will only choose if there is really no other way.

After all, everyone must understand that if banks pursue everyone, it will cost a lot of manpower, material and financial resources. In short, banks can't just be busy filing lawsuits every day without doing business. This is simply unrealistic and impossible. Therefore, banks can only treat customers who never pay back, and deal with whoever they get, and deal with the rest slowly. .

Netizen A: Doesn’t it mean that if you don’t pay back your credit card, nothing will happen as long as you don’t get targeted by the bank? Smirking...

Bank: Sooner or later, if you dare not pay it back, I will send you to the credit blacklist...

Netizen B: Heaven's way is reincarnation. Whoever God spares will not be repaid because the time has not yet come.

02. The second reason is that users who cannot afford to repay take the initiative to contact the bank, and the bank chooses to believe that he will repay the money later

There are also some people who know that they have maxed out their credit cards, and even the minimum If you can't afford the repayment, at this time, the overdue credit card repayers actively choose to "surrender" and proactively explain their financial situation to the bank, and at the same time make the bank believe that the overdue credit card repayers will repay the money. Such a situation is impossible for banks. As long as the overdue credit card repayers actively communicate with the bank and give the bank a sufficient sense of security (a repayment plan agreed upon by both parties), the bank will still maintain a good relationship with the overdue repayers.

Overdue credit card repayment: "Boss, can you please give me some time? I will work hard to pay back the money. Please don't put me on the credit blacklist. I promise." The boss is always on call, never losing contact, crying..."

The boss (bank) thinks about it: "I can understand your short-term difficulties, but you still need to communicate how to Pay back the money and come up with a plan so that you don’t..."

Those who overdue credit card repayments: "Thank you, boss, for giving me the opportunity..."

03. The third reason is that the credit card is overdue every month, but the money is paid back every month

The third situation is that the credit card holder is overdue every month, but the money is paid back every month. This operation sends a message to the bank: "Although the credit card holder cannot afford to repay that much money temporarily, the card holder has a strong willingness to repay." In this case, the bank will not choose to do so.

04. The fourth reason is that the credit card holder is overdue for no more than three months

The last case is that the bank does not repay the overdue credit card because the credit card holder is overdue for not more than three months. more than three months. The general working process of banks is to collect collection first to see if the credit card holder will actively repay the loan. If the debt is not repaid after three months of collection, the bank will decide whether to be a credit card holder or not.

Credit reporting is so important to individuals, why do some people owe hundreds of thousands on credit cards and not pay back the money?

Personal credit reporting is very important. Credit reporting is a professional, independent third-party agency that establishes credit files for individuals or enterprises, collects and objectively records their credit information in accordance with the law, and provides external credit information services in accordance with the law. An activity that provides a platform for professional credit institutions to share credit information.

Credit reporting records an individual’s past credit behavior, which will affect the individual’s future economic activities. These behaviors are reflected in the personal credit report, which is often referred to as the “credit record.”

Personal credit reports play an important role in many fields such as mortgage loans, credit cards, private lending, job hunting, renting houses, etc. Personal credit reports are the paper reports that most directly reflect personal credit.

First of all, when buying a house, car, or applying for a credit card, you need to check your personal credit report. If there is a bad record on your personal credit report, banks or other lending institutions will not lend;

Secondly, it is easier for people with good credit to apply for loans, and the loan amounts they apply for are often higher;

Finally, personal credit records reflect the lack of personal credit records. Being a good person may also affect your future job hunting, because if your personal credit is not good, then you have no credit. In today's society, personal credit is very important. Employers often take people with bad credit records into consideration when hiring them.

If there is a bad record on your personal credit record, especially if you are on the bank's "blacklist", it will be more difficult to get a loan.

What benefits does credit reporting bring to us personally? As the saying goes, existence means reason. So what is the significance of the credit reporting system that the country has spent great efforts to establish in recent years to us as individuals? To sum up, the main points are as follows:

1. Convenient borrowing.

As the saying goes, "If you borrow something, you must repay it. It's not difficult to borrow again." If your credit report reflects that you are a person who repays on time and fulfills your obligations conscientiously, the bank will definitely like you and will not only provide credit services such as loans and credit cards, but may also provide discounts on amounts and interest rates.

2. Fair credit.

Another big benefit to you is that credit reporting helps you get fairer credit opportunities. What the credit information center provides to banks is an objective record of your credit history. "Let the facts speak for themselves", which reduces the impact of the loan officer's subjective feelings, personal emotions and other factors on the results of your loan and credit card application, allowing you to get fairer credit. Chance.

3. Save time.

A lot of the information the bank needs to know is in your credit report, so you don’t have to spend so much time investigating and verifying the authenticity of the information you filled out on the loan application form.

Are there many people who fail to pay off their credit cards overdue? Their intestines turned green after they overdue their payment

With the continuous popularity of credit cards, more and more people have the habit of swiping credit cards for consumption. Among these people, some people use their credit cards and don’t want to repay them. They want to know if there are many people who have overdue credit cards and don’t pay them back. If so, they don’t have to pay them back. Below, let me introduce the relevant situation to you.

There are still quite a few people who fail to pay off their credit cards overdue.

According to the "Overall Operation of the Payment System in the Third Quarter of 2018" data released by the central bank, the total outstanding credit card credit card overdue for six months reached 100 million yuan, a month-on-month increase. In 2010, this figure was only 100 million yuan. . In eight years, it has increased more than 11 times, which shows especially the large number of overdue people and the huge amount of money.

Some people may say that since so many people are overdue, then I won’t pay it back at all. Anyway, one more person is not too much. If you also have this idea, or have already planned to put it into practice, it is best to clearly understand the consequences of an overdue credit card before making a decision.

The consequences of not paying back the credit card overdue are as follows:

1. Credit stains

After the credit card is overdue, the bank will report the cardholder’s overdue behavior to The central bank's credit report will produce a bad credit record. Once the credit is stained, future credit card and loan applications will be affected.

2. Being collected by the bank

After the credit card is overdue, the bank will collect it through text messages, phone calls, etc., or even outsource it to a third party to collect it at your door. If you don’t pay off the debt, Don't even think about having a peaceful life.

3. Use legal means

If the credit card is not repaid overdue, the bank may take action. If it is caused by credit card debt, it is usually civil. If it is a malicious overdraft, it can be criminal. Case handling.

In general, there are many people who fail to pay off their credit cards overdue, but they will all suffer the consequences mentioned above.

There are several people in my village who have swiped hundreds of thousands of dollars on their credit cards and failed to pay them back. Why don’t you see anything wrong with them?

This is not necessarily the case. There are two situations.

First, he swiped his credit card, made an overdraft maliciously, and failed to repay it overdue. This situation will definitely not be as fine as you said.

Second, if he owes hundreds of thousands on his credit card and has not paid it back yet, but he is still handling the bills every month, then this is still considered normal repayment. It'll be fine in the short term.

Whether you are talking about the first situation or the second situation depends on the details.

Let me tell you how much trouble an uncle’s credit card overdue caused in his later life!

Uncle has a business partner who is also his good buddy! It's not easy for him to say that his parents divorced and then went their separate ways, and they never had much control over him. He was raised by his grandparents, and he went out into the world at the age of fifteen, learning to be a chef, a sauna boy, working with a big truck, and doing salesmanship. When I was eighteen years old, I came to Sihui with my uncle to make jade. My life has gradually stabilized, I have married a wife, and have two precious daughters!

About 2012, my brothers made a big stone, and each of them invested a large amount of money. They couldn't sell it out in a short time. Everyone was worried, plus some of his own money. Due to factors, he was forced to let go of everything here, and ran away to Yunnan with his wife and daughter and a pile of stones!

I had all kinds of hardships when I first arrived in Yunnan. I was not familiar with the place. My wife was weak and penniless after giving birth to a little girl!

Then the price of Yunnan jadeite came up in 2013! He disposed of more than 200,000 yuan (still lost money), and his life gradually stabilized again!

At this time, his father, whom he had not seen for many years, ran over and complained about all kinds of hardships. Then he took over 100,000 stones from him (half of which belonged to friends from Sihui) and said that Help him sell it and earn the difference! I even took one of his credit cards! Then there was no news again!

He paid off his debt for another year (stone money for the shares of friends in Sihui), and then went to buy a plane ticket when he returned to Sihui in 2015. He was told that the credit card debt was more than 70,000 yuan and was overdue for more than two years (credit card The one that was attached was a mobile phone card from the time of the Fourth Congress. He had changed his Yunnan card after traveling to Yunnan that year, so he never knew about it.) He was included in the list of dishonest people, and was forced to return this card. He took the train with his family and traveled back to China. After four meetings, I didn’t have enough down payment to buy a house, so I had to start settling in from scratch!

During this period, house prices also doubled, and after struggling for nearly three years, I finally had enough for the down payment, and was ready to buy a house and settle down in my family. When I signed the contract, I checked my credit card and found out it was over 25,000! (I was too anxious when I paid off the card, thinking that the card was expired, so I didn’t cancel it. As a result, his father swiped it again.) With no other choice, the couple filed for divorce and bought the house! During this period, there were so many disturbances, family conflicts, and all kinds of quarrels! His wife is also unwilling to use the money earned by the couple to pay off the credit card!

I cried so much when I got drunk several times at night, wondering why he was always the one doing this!

Then we also have to travel frequently, to places far away like Ruili, Yingjiang, Yunnan, etc. We can’t drive there with him every time! It’s such a long journey and so tiring! So sometimes when we fly there, he has to take a train for more than thirty hours! And he couldn't go to the public sale at all!

Anyway, there are all kinds of things! Because of the credit card scam, there are all kinds of conflicts in the family and all kinds of inconveniences in life!

Little reminder: Credit reporting is very important! Just like a person's honesty in business!

I can only say that they are lucky. Before using a credit card, you have to evaluate whether you have the ability to pay it back. If you do not have the ability to pay it back, I advise you to use less credit cards, because you will use credit cards yourself. Without restraint, it feels like someone is paying, instead of actually taking out real cash, so there is no heartache of spending money, but when it comes time to repay, you will have a big headache.

So I can only say that you should use less credit cards, and you should restrain your spending habits and not be extravagant. As for the people in the village who you said are fine with paying hundreds of thousands and not paying them back, that one I can say that you don’t know specifically. As long as it is a regular credit card, you must pay it back, otherwise you may be charged. Don’t think about using other people’s money without having to pay it back. There is no such good thing!

It may be comfortable now, but it will be painful in the future.

If God wants it to perish, he must first make it crazy.

Today's society encourages consumption and debt. College students have various campus loans. Many people may have seen or heard that someone owes a lot of money to the bank. Why doesn't he need to go to jail? Such an abnormal fact cannot be justified. Not only do evil people not get punished for their evil deeds, they also show off their so-called "made-for-nothing" achievements and take pride in not paying back their debts. This is simply unjust!

I have summarized the main two reasons for this phenomenon:

First: Law enforcement is difficult, and the execution of judicial procedures requires cost and time.

Credit cards with overdue amounts of hundreds of thousands (let’s assume they are all credit cards) are generally owed by multiple cards. After all, there are relatively few wealthy people with one card worth hundreds of thousands. This leads to a problem. Hundreds of thousands seems like a lot, but when it is spread to each bank, it is not much. For example, Xiao Zhang owes the bank 300,000 in credit cards and cannot repay them. Xiao Zhang has 8 cards with different limits. On average, Each card costs 37,500 yuan, which is less than 40,000 yuan. Assuming it is 40,000 yuan, according to the criminal law and the judicial interpretation of the Supreme People's Court, if it is overdue for three consecutive months, it can constitute a "crime of credit card fraud", and the amount of 40,000 yuan is considered a "larger amount". "Amount" shall be punished with a sentence of not more than 5 years or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan.

Ideally, Xiao Zhang should go in and squat, but the actual situation is not that simple.

Difficulty 1, can’t find anyone! These lazy people also know how to collect debts. When applying for a card, the bank cannot access the customer's address book due to legal compliance reasons. When applying for the card, they left two phone numbers. They are determined to cheat the bank and make them rich. If they are cheating, credit shady accounts, dishonesty lists, and the reputation of friends do not exist in the hearts of these people. Once the phone card is changed and the relevant people are cleared, the bank can only remain silent until 3 months are up and it can only transfer the money. Bad debt.

You may ask, why didn’t you call the police? Are the police vegetarians? In fact, the bank is more anxious than anyone else, but the bank must also consider the cost and feasibility. After 3 months of overdue payment, the bank's legal department will entrust a lawyer to report the case, file the case, subpoena, etc. It will take time, and it also needs to consider whether to recover the money and spend it. The cost-effectiveness of the money also requires queuing up (after all, the situation is more serious than Xiao Zhang's or there are many who come first). At the same time, the cross-regional law enforcement linkage mechanism is not so clearly established (although it has been improved a lot now), especially for such financial cases. , it is relatively concealed and it is difficult to clearly define the responsibilities. For example, Xiao Zhang applied for a card in Guangzhou and later fled back to his hometown in the mountains in Guizhou. The cooperation between the police on both sides cannot be made clear in a short time. Therefore, the bank's attitude is If you can communicate online, try to communicate online; if possible, try not to go to court.

Second, there is the issue of overdue funding sources.

Some people say they owe hundreds of thousands to the bank, but that doesn’t necessarily mean they owe the bank. Maybe they don’t even know who they owe. For some online loans, the funding source is not banks at all, but P2P. Such loans have high interest rates, various fees, and are not connected to credit reporting agencies. The signed contracts have no legality. Once they are overdue, they will be Most of them are external collection agencies that are frantically collecting debts. As for calling the police to file a case and sending people to arrest them, they lack confidence and are even more untenable. This greatly encourages the arrogance of these lazy people.

So, is there no law to punish these people?

I have seen many young people, 27 or 28 years old, take out online loans and use the credit card money to speculate in various foreign exchanges and currencies. In the end, they lose money. They even call me. I found that they They all have one characteristic:

Overestimating one’s abilities and underestimating one’s desires.

Even if legal punishment comes slowly, it will eventually come! Even if there are rare exceptions and justice is absent, so what? As long as you are alive, you cannot escape, and the punishment will come in another more painful form.

Most of the rest of my life will be spent avoiding these hundreds of thousands. If I live like a mouse, my family will be ashamed. I can pretend not to care, but my relatives will always be worried. , children’s education is always necessary. One day the child asked his father why you can’t help me pay the tuition with a card. You can’t say that you are a lazy person. Then the child asked what a lazy person is, and then you can go to Baidu to explain it, right? It is difficult to make money all at once, but it is not difficult to have a good and responsible attitude, right? If you are still bragging shamelessly to this extent, then I can only pray that someone will eliminate the harm for the people!

What’s wrong with the credit card not receiving enough money?

1. If the payment is only temporary and can be paid off later, it will only accrue interest and late fees.

2. However, if the principal is overdrafted by more than RMB 10,000 and the bank still fails to repay the loan after being called upon by the bank, you may be subject to criminal sanctions. The legal basis is as follows:

According to the "Interpretation of the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Obstructing Credit Card Management" (Fa Interpretation [2009] No. 19):

Article 6 If a cardholder exceeds the prescribed limit or overdrafts within the prescribed period for the purpose of illegal possession, and fails to return the card for more than 3 months after being called upon twice by the issuing bank, it shall be deemed to be a crime stipulated in Article 196 of the Criminal Law. "Malicious overdraft".

A malicious overdraft, if the amount is more than 10,000 yuan but less than 100,000 yuan, shall be deemed as a "relatively large amount" as stipulated in Article 196 of the Criminal Law; if the amount is more than 100,000 yuan but less than 1 million yuan If the amount exceeds 1 million yuan, it shall be deemed as a "huge amount" as stipulated in Article 196 of the Criminal Law; if the amount exceeds 1 million yuan, it shall be deemed as an "especially huge amount" as stipulated in Article 196 of the Criminal Law.

The amount of malicious overdraft refers to the amount that the cardholder refuses to return or the amount that has not yet been returned under the conditions specified in the first paragraph. Excludes compound interest, late fees, handling fees, etc. charged by the issuing bank

2. Article 196 of the "Criminal Law" Under any of the following circumstances, if the amount is relatively large and credit card activities are carried out, a prison sentence of not more than five years shall be imposed Or criminal detention, and shall also be 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, the sentence shall be not less than five years but not more than 10 years, and also a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other serious circumstances, If there are other particularly serious circumstances, he shall be sentenced to not less than 10 years in prison or fined not less than 50,000 yuan but not more than 500,000 yuan, or his property may be confiscated:

(1) Using a forged credit card, or using a false identity Proving that the credit card was obtained fraudulently;

(2) Using an invalid credit card;

(3) Pretending to use another person’s credit card;

(4) Malicious Overdrawn.

This is the end of the introduction about why some people don’t pay back their credit cards and why it’s okay for some people to not pay back their credit cards. I wonder if you found the information you need?