Late payment on your credit card will have serious consequences. First of all, mild non-repayment will have a negative impact on personal credit history, which may lead to a decline in credit rating, which will affect high-consumption activities in daily life such as taking out loans to buy houses and cars, and greatly reduce the convenience of life.

However, if the situation escalates and involves malicious overdraft, the consequences will be more serious. According to Article 196 of the Criminal Law of the People's Republic of China and the People's Republic of China, anyone who maliciously overdrafts a credit card and conducts fraudulent activities, once the amount reaches more than 10,000 yuan but less than 100,000 yuan, will face a fixed-term imprisonment of not more than five years or criminal detention, and may also face a sentence of 20,000 yuan. to a fine of NT$200,000. This means that once a crime is proven, it will face severe legal sanctions.

In addition, according to Article 6 of the "Interpretations of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases Affecting Credit Card Management", if the cardholder intentionally exceeds the prescribed limit or overdraft period, and Failure to repay within three months after two calls from the issuing bank is also considered a malicious overdraft. In this case, once it is determined to be a malicious overdraft, regardless of the amount, it will be legally characterized and punished according to the above standards.

To sum up, an overdue credit card is not only a matter of credit, but may also violate the law. Therefore, it is important to pay off credit card debt in a timely manner. It is the responsibility of every cardholder to avoid malicious overdrafts and maintain a good credit record.