If the overdue amount of the credit card is large (principal 10000 yuan or more), and it is overdue for more than three months, and the bank fails to pay it back twice, it belongs to the malicious overdraft of the credit card and constitutes the crime of credit card fraud. Those with a large amount will be sentenced to fixed-term imprisonment of not more than five years, and those with a huge amount will be sentenced to fixed-term imprisonment of not less than five years and not more than 65438 +00 years. If all the debts can be paid off in time before the judgment, the criminal punishment can be reduced or exempted.
What are the consequences of overdue repayment of credit cards?
1, overdue penalty interest: overdue credit card will generate penalty interest. The bank will calculate overdue interest on a daily basis. The longer the user is overdue, the more overdue interest will be generated.
2. Impact on personal credit: After the credit card expires, it will affect personal credit. Our overdue records will be uploaded to the central bank's credit information system. Once the personal credit record is overdue, it will be affected if you want to buy a house and a car with a bank loan in the future.
3. Bank collection: After the credit card is overdue, the bank will give it to the overdue user.
Legal basis:
Criminal law of the people's Republic of China
Article 196
Whoever commits credit card fraud in any of the following circumstances, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:
(a) using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate;
(2) Using an invalid credit card;
(3) Fraudulent use of another person's credit card;
(4) malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank. Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.