Current location - Trademark Inquiry Complete Network - Overdue credit card - How long does it take for a credit card delinquency case to be filed?
How long does it take for a credit card delinquency case to be filed?

A case will be filed after three months of default on the credit card. It will take approximately six months for a verdict to be issued after someone is sued for card debt. According to relevant regulations, the People's Court's trial period for first-instance civil cases using ordinary procedures is six months.

What are the consequences of overdue credit card payment?

1. Overdue payment for more than 90 days, if the circumstances are serious, can be regarded as malicious overdue payment, and the bank's collection may also cause pressure on yourself and your family. , affecting the normal life of individuals and families;

2. In terms of overdue fees, there will be some expenses such as liquidated damages, penalty interest, etc. The specific charges need to be charged according to the contract. Different institutions have different loan products. , the liquidated damages or penalty interest charged are different;

3. It has an impact on personal credit records. Bad credit records will become a hindrance to future mortgage, car loans and other loans, as well as the application of credit cards.

Legal basis: Article 188 of the "People's Republic of China and Civil Code"

The statute of limitations for requesting protection of civil rights from the People's Court is three years. If the law provides otherwise, such provisions shall prevail.

The statute of limitations shall be calculated from the date when the obligee knows or should know that the right has been damaged and the obligor knows. If the law provides otherwise, such provisions shall prevail. However, if it has been more than 20 years since the right was damaged, the people's court will not grant protection. If there are special circumstances, the people's court may decide to extend the time based on the application of the right holder.

Article 189

If the parties agree to perform the same debt in installments, the statute of limitations shall be calculated from the expiration date of the last installment.