1, high overdue interest
2. Be sued by the bank
3. Bad credit record
4, bear criminal responsibility
For the purpose of illegal possession, if the overdraft exceeds the prescribed limit or time limit, and the amount is more than 10000 yuan after being collected by the issuing bank for more than 3 months, it constitutes the crime of credit card fraud.
Second, the inability to repay is only a civil dispute and will not go to jail. If the creditor brings a lawsuit to the court, and you have the ability to refuse to perform the legal judgment, it constitutes a crime of refusing to perform the judgment, and you may go to jail.
Third, the bank that handles the card anywhere will store your home address and birthplace, and you can find it wherever you hide.
4. If you are temporarily unable to repay your credit card, you can take the initiative to call the bank credit card center, state your financial situation, declare that you are not in bad faith, and apply for deferred repayment and interest concessions. If you communicate with the bank, the public security organs will not arrest people.