With the popularity of credit cards in China, some cases of illegal use of credit cards have also increased significantly. Examples of illegal cashing and illegal use of credit card funds abound, and some even maliciously overdraw credit cards. We should know that the original intention of issuing credit cards in China is to allow people to "overdraw" some funds in an emergency and reduce economic pressure.
Faced with the chaos in the credit card industry, China's central bank has also taken measures to rectify, issued a number of announcements and interviewed a number of banks, concentrated on strengthening credit card rectification actions, standardized the use of credit card funds, strengthened the threshold for credit card applications, and further reduced the illegal use of credit cards.
The biggest advantage of credit card lies in "spending first, then paying off debts". As mentioned above, the number of credit cards and debit cards issued in China has exceeded 800 million, and this number continues to grow. With the rapid development of credit card industry, in order to guide cardholders to consume and use credit card funds reasonably, China has also strictly controlled this industry.
The Bank of Communications issued a financial service plan to facilitate the people and benefit the people during the epidemic, and continuously optimized the credit card customers' deferred repayment reduction policy. Customers with normal account status in areas with severe epidemic situation can choose related deferred repayment services independently according to the service short message sent by Bank of Communications. Other credit card customers can call the customer service hotline to apply for deferred repayment. Overdue credit information is not included in the grace period of deferred repayment.
That is, will the credit card be on the list of untrustworthy people after it is overdue? If it is only overdue, there will be no lawsuit and it will not be on the list of untrustworthy people, because only the court has the right to give it to you. Only after a series of lawsuits, if you refuse to implement it, you will be on the list of untrustworthy people. Therefore, it will not be on the list of untrustworthy people after the deadline.
As a creditor of the Civil Administration Bank, you are a creditor, and you can't pay back the money you owe others. It is unlikely to sue you, because banks are formal financial institutions after all, and all management terms, including operating mechanisms, are stipulated by law. As long as we keep in touch with the creditors, explain our difficulties and show our willingness to repay, the bank will not sue you at will, because litigation also has costs.
Will I go to jail if my credit card is overdue? Lawyer Wei Xingning of Shaanxi Qin Bo Law Firm said that overdue credit cards are generally civil disputes and will not go to jail. However, knowing that it has no repayment ability, it will still evade bank collection by escaping or changing contact information. If he overdraws beyond the prescribed limit or fails to return it after two effective collections by the issuing bank within the prescribed time limit, he may be suspected of credit card fraud, which will lead to imprisonment. Therefore, "although the credit card is good, don't be greedy."
The amount of malicious overdraft refers to the actual overdraft principal amount that has not been returned when the public security organ files a criminal case, excluding interest, compound interest, late fees, handling fees and other fees charged by the issuing bank. The amount returned or paid shall be regarded as the return of the actual overdraft principal.
Malicious overdraft, the amount of which is more than 1 10,000 yuan but less than110,000 yuan, has been fully repaid before the public security organ files a case. If the circumstances are obviously minor, criminal responsibility may not be investigated according to law. If the amount of malicious overdraft is more than 50,000 yuan but less than 500,000 yuan, and all of it has been returned before public prosecution is initiated, or if there are other minor circumstances, public prosecution may not be initiated. If all of them are returned before the judgment of first instance or there are other minor circumstances, they may be exempted from criminal punishment. Except for those who have been punished for credit card fraud for more than two times.