The legal consequence of not returning the credit card is: 1, which will generate high overdue interest.
You will be sued by the bank to the court, and you will have economic losses such as legal fees and attorney fees.
3. Individuals will have bad credit records, which will have an impact on future bank cards and loans.
4. The amount owed is more than 6,543,800 yuan, which constitutes the crime of credit card fraud and should be investigated for criminal responsibility.
Credit cards generally exceed the grace period of repayment, and even if they are overdue, personal credit will be affected.
First, credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is regarded as timely repayment;
1. If it is paid off in full, no cost will be incurred;
2. The minimum repayment amount shall be calculated at 0.05% of the daily interest;
2. If the repayment exceeds the grace period or the repayment amount is lower than the minimum repayment amount stipulated by the bank, it will be deemed as overdue, and the interest will be calculated at 0.05% per day from the bookkeeping date. In addition, a late fee of 5% of the unpaid minimum repayment amount will be charged on a monthly basis.
Consequences of one-month overdue credit card of China Everbright Bank:
1. Late payment fee: usually 5% of the overdue amount. The so-called credit card late payment fee refers to the fee that the cardholder should pay to China Everbright Bank in accordance with the regulations when he fails to repay before the due repayment date (inclusive) or when the repayment amount is lower than the minimum repayment amount.
2. In case of overdue interest, it shall be charged at the rate of 0.5 ‰ of daily interest. After the user overdraws by credit card, the longest interest-free repayment period is about 50 days. If the cardholder fails to pay off all the overdraft fees within the specified time limit, the cardholder will no longer enjoy the interest-free treatment of Everbright Bank for all the fees last month, and the daily interest rate of the cycle is as high as five ten thousandths, that is, the annual interest rate reaches 18%.
3. It will bring bad credit records, and the overdue repayment of Everbright Bank's credit card will be recorded in the central bank's credit information system. At present, the basic database of personal credit information has been networked nationwide. As long as individual residents have handled the loan business in China Everbright Bank, applied for a credit card, or provided guarantees for others, credit reports can be found in any commercial China Everbright Bank. Bad records can only affect personal loans for the time being, but with the improvement of the credit information system, it may also affect cardholders' job selection and all aspects of life. Generally speaking, the validity period of bad records is 5 years, but this time is calculated from the date when the cardholder pays off the debt.