If you submit your credit report, you will be blacklisted users in the future.

Affect personal credit, resulting in liquidated damages. If the bank fails to repay the loan after being sued, it will be included in the list of dishonest persons and prohibit high consumption. The amount is huge and you will be sentenced.

1. Malicious overdrafts will also seriously affect the credit of cardholders. Once included in the bank's personal credit blacklist, all banking businesses, especially investment loans, will be negatively affected. Travel, consumption, etc. are all restricted.

2. If the cardholder exceeds the prescribed limit or overdrafts within the prescribed period for the purpose of illegal possession, and fails to return the card for more than 3 months after being called upon twice by the issuing bank, it may be deemed to be a first-rate cardholder under the Criminal Law. "Malicious overdraft" as stipulated in Article 196. Malicious overdraft of 10,000 to 100,000 yuan shall be punished with fixed-term imprisonment of not more than 5 years or criminal detention, and a fine of not less than 20,000 yuan but not more than 200,000 yuan; malicious overdraft of 100,000 to 1 million yuan shall be sentenced to fixed-term imprisonment of not less than 5 years but not more than 10 years. A fine of not less than RMB 50,000 but not more than RMB 500,000 shall be imposed.

We will let you go to court immediately, the interest will be doubled, and you will not be able to fly or take high-speed trains

I have been working in a bank for 13 years, and I have been engaged in debt collection for 6 years before. The general situation is as follows:

1. The bank will call you to collect collection and make external visits to collect collection;

2. If the collection is invalid, the bank will entrust a collection agency to collect collection;

3. If you still don’t have the money to pay back, the bank will sue the local court. Generally, the process takes a year and a half, but now there is a way to file a lawsuit, which is to apply for a "payment order", which only takes three months;

4. No matter whether you receive a court summons or not, whether you are present or not, the court will still hold a hearing and the bank will present evidence;

5. After judging that you have breached the contract, your property and bank card will be frozen , Alipay, WeChat, etc.

6. After freezing, the court will transfer the deposit and balance of your account.

7. Your bank card and account will be unfrozen after three months. After all, you have to live and make money.

8. If you still don’t repay, you will end up in trouble;

9. Other banks or loan companies will continue to use the above methods to collect debts from you;

10. All in all, it's quite painful, especially if you find a job that pays you by punching in and out, it's very passive.

Suggestion: Pay back the small amount first, then the larger amount. Remember, if you are already in this situation, you must negotiate with the bank to only repay the principal, and the interest and late payment fees will be waived for you.

First of all, you are sure to pass the credit report.

Secondly, there is a problem with the sentence "the bank will not call you". The bank has a complete debt transfer mechanism and post-loan management process. If it exceeds a certain range, it will directly sue you, so there is no such thing as not contacting you. , you should think more about whether you lost contact and changed your mobile phone number without notifying you in time. The key is that after being determined as "malicious evasion of liability", most banks will turn your civil liability for borrowing into criminal liability. Regarding the consequences of submitting a credit report, I believe everyone knows that there are various restrictions. Affect family members.

Hello! I'm happy to answer your questions.

Consequences of overdue credit cards

1. Liquidated damages are incurred, which are generally 5% of the minimum repayment amount and the unpaid portion. If you owe 10,000 yuan and the minimum repayment is 1,000 yuan, but you only repay 400 yuan, leaving a shortfall of 600 yuan, then the liquidated damages are 600*5=30 yuan.

2. High interest rates, and interest is compounded. The interest rate is very scary when the debt is large. For example, if you owed 100,000 yuan on the 5th of last month, but you only repaid 10,000 yuan on the 5th of this month, and you still owe 90,000 yuan, then the interest will be calculated based on the original 100,000 yuan owed. After one month, the interest will be calculated with interest. ***91,500 yuan. When the interest is calculated for the next month, your interest from the previous month will be added together and calculated at 0.05 per day.

3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.

4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has repeatedly failed to make payment, you will not only have to bear the repayment, but may also bear criminal liability.

Let’s take a practical example!

Mr. Li, a citizen, usually does business. He overdrafted his credit card due to financial needs. Later, the business failed and he was unable to repay the loan he owed, totaling 180,000 yuan.

The bank called for collection many times, but due to a broken capital chain, Mr. Li could not get the money out anyway. So the bank filed a lawsuit with the public security organs, and Mr. Li was arrested by the police in 2019.

The following is the judge’s opinion:

For the purpose of illegal possession, Li repeatedly overdrafted his credit card beyond the prescribed period. The principal involved in the case amounted to more than RMB 180,000, which was a huge amount and had not been returned for more than three months after repeated collections by the card-issuing bank. Subjectively, he has the intention of illegal possession, which is a malicious overdraft, and his behavior has constituted the crime of credit card fraud. Sentenced to 8 years and 2 months in prison and fined 150,000 yuan!

For overdue credit cards, banks will issue reminders for collection. The specific collection methods are as follows:

Generally, within one week to half a month overdue, there will be text message collection.

For those who have not paid for more than one month or a bill date, a phone call will be made to collect the bill.

If it is more than three months old, the bank will send relevant personnel to collect the money from above.

If it takes more than half a year, the bank will initiate court proceedings.

If the debt exceeds one year, the bank will outsource the collection and hand over the collection company.

Therefore, overdue debt must be repaid, and a certain amount of interest will be paid. After all, this world is early Everything you owe must be repaid, just in different ways. If you are really tight on money, I have a few suggestions on how to deal with it:

1. No matter how much you need to repay, try to pay back a little bit so that the bank can see your attitude; before the final repayment deadline arrives , take the initiative to call the bank's credit card center, explain your financial situation, affirm that you do not owe money maliciously, and apply for delayed repayment and interest discounts.

2. In view of the cardholder’s active performance and previous good credit record, the bank will often agree to defer the repayment, and work with the cardholder to agree on a mutually acceptable repayment plan, delay period, and interest discount , monthly repayment amount, etc. In this way, if you proactively contact the bank and get the bank's consent to defer the repayment, you will not be recorded as a bad record. However, it should be noted that you will be guaranteed to repay as agreed in the future.

3. If you forget to repay due to negligence and find that it is overdue, you must repay as soon as possible, preferably in full. Then call the bank's credit card center and state that the debt is not malicious. If the record has been good in the past and the overdue time is short, and it is found that the repayment is good after the overdue period, it may not be recorded as a bad record. Be sure to pay attention to bank bill notifications and collection information in the future to avoid overdue payments.

4. Credit card repayment information will be recorded by the central bank's credit reporting system on a rolling basis for 24 months. That is to say, bad credit records caused by overdue credit card repayments will be kept in the credit reporting system for two years. If terminated with a card, the corresponding records will no longer be scrolled, but will be saved for a long time. Therefore, after overdue repayment of a credit card, it is best not to cancel the credit card immediately after paying off the debt. Instead, you should insist on using the card for more than two years and keep your credit in good condition during the period. In this way, you can rely on rolling records to remove bad records from your credit report. Remove it from the system.

Take the initiative to contact you for repayment. By the time the bank contacts you, it will be too late. Don’t take chances. Even if you haven’t communicated with the bank for the time being, at least it will not cause irreparable losses [Pray][Pray] [Pray]

I definitely need to pay back the credit card money. I will find a way to make money and slowly pay it back. However, I will contact and call the bank to discuss how to deal with it. At least the interest will not keep increasing. I borrowed it before. The money must be paid back even if you die.

At the credit meeting, it will be difficult to get a loan in the future. If you don’t repay, you will become a defaulter, which will have an impact on your life.

It will be very miserable, and the amount owed will increase. The more it is, the more likely it will be on your credit report.