1. How to repay a credit card if a person is under criminal detention

If you are detained or imprisoned for a crime and are unable to repay the credit card, you can entrust others to handle it on your behalf.

The debtor cannot be exempted from credit card liability because he is suspected of committing a crime and has his personal freedom restricted. The bank has the right to sue. The person concerned can actively communicate with the bank or contact family and friends to handle the matter on his behalf, otherwise it may constitute credit card fraud.

2. How long does it usually take for credit card collection after overdue payment?

Generally it is 7 to 15 days after the due date. The bank will consider it as an accidental forgetting, and will usually send text messages as the main reminder function. . Telephone collections are mainly for overdue behaviors that are more than 30 days and more than one billing period. If you don't care about sending text messages, the bank will call to remind you of repayment.

Door-to-door collection is mainly for overdue items that are more than 90 days old. The bank will arrange collection personnel to visit the cardholder’s residence or work address to collect repayment. If a credit card payment is overdue for more than six months, the bank will apply to the court and require the cardholder to be prosecuted for repayment. If the repayment is overdue for more than one year, the bank will package the overdue funds and give them to an outsourced collection company at a discount, and teach the responsible person to collect the overdue debt.

3. How long will it take for a bank loan to be overdue before you will be prosecuted?

If the loan has not been paid for more than 3 months, it will be very serious. The lending bank will collect the due loan in accordance with the law, and will sue the court in accordance with the provisions of the loan contract and guarantee contract (mortgage or pledge contract). The court will take measures such as property preservation, including freezing all bank accounts of the lender and loan guarantor. deposits, seized properties that have been pledged, etc.

After the judgment is made, the property will be enforced according to law (withholding of deposits, auction of mortgages, etc.) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest and penalty interest, as well as all resulting litigation costs, related costs incurred when disposing of mortgage (pledge) properties and realizing them, etc.

4. How long does it take for overdue credit reporting records to be eliminated

Overdue credit reporting records will be automatically eliminated 5 years after the parties repay the loan, and the maximum period for keeping overdue credit reporting records is 5 years years, calculated from the date the party repays the debt.

The "Credit Reporting Management Regulations" stipulate the retention period of credit reporting information as follows:

The credit reporting agency shall not retain the personal adverse information collected for more than 5 years. The payment will be automatically eliminated after 5 years. In other words, the bad credit information will be eliminated 5 years after the party pays off the debt, but if the party never pays off the debt, this overdue record will always exist.

The credit card must be returned within the limited repayment time. Even if the card holder is criminally detained, the credit card debt cannot be exempted. You can entrust relatives and friends to repay the credit card debt on your behalf. If the credit card is not returned on time, there will be consequences. Overdue records will leave a bad record on personal credit, and you will also need to pay high interest and liquidated damages, which will bring inconvenience to your life.