Credit card malicious overdraft: refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and has not returned it for more than 3 months after repeated collection by the issuing bank.

Consequences of malicious overdraft of credit card:

1. Bad credit record;

2. Generate late fees and interest;

3. The bank will sue;

4. You can't handle the credit business in this bank within 5 years from the date of paying off the debts.