1. In case of overdue payment, not only a 5% late payment fee (minimum 10 yuan) will be added to the minimum unpaid part, but also a full penalty interest (five ten thousandths of the daily interest will be calculated from the day of consumption, and the monthly interest will be compounded until the principal and interest are paid off), and a bad credit record will be generated in the Credit Information Center of the People's Bank of China, which will affect the application for credit cards and bank loans within two years.
2. If it is overdue for more than three months or the bank urges you for more than two times, the bank will freeze your card and list you as a prohibited customer (blacklist). At the same time, it may be sued for credit card fraud and malicious overdraft, which will be enforced by the court. If you refuse to repay the loan after prosecution, and the amount owed exceeds 1 000, the court will impose a sentence on the crime of credit card fraud according to Article 196 of the Criminal Law!
3. Article 196 of the Criminal Law stipulates that under any of the following circumstances, whoever defrauds a large amount of credit cards shall be sentenced to fixed-term imprisonment of not more than five years 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, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) using a forged credit card or using a credit card fraudulently obtained with false identification; (2) Using an invalid credit card; (3) Fraudulent use of another person's credit card; (4) malicious overdraft. Malicious overdraft refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.
4. If you don't repay the loan once, the bank will call and SMS to remind you to repay the loan on time, and at the same time, it will impose a penalty interest. If the loan is not repaid for three consecutive times, the bank account manager will collect it and the borrower will be penalized. If the number of overdue repayments reaches six or more times, the bank will safeguard its rights and interests through legal means, and may freeze its assets during this period. If the bank and the borrower fail to negotiate, the bank will auction the mortgaged property through legal procedures.
Solution to the problem of non-repayment of mortgage: extend the loan term: If the mortgage cannot be repaid on schedule according to the original repayment plan, you can apply to the bank for extending the loan term. After the approval of the bank, a deferred repayment agreement can be signed. Usually, there is only one opportunity to apply for deferred repayment, and the longest delay cannot exceed 30 years.