Overdue credit cards will not only affect your personal credit, but also your family, and the spouse will be affected first. Because there are laws in our country that stipulate the joint debts of husband and wife, although the credit card is handled in its own name, as long as the credit card debt is used by both husband and wife, then the spouse has the obligation to repay it. Unless the spouse can produce evidence to prove that he didn't spend the money in the debtor's credit card, he can avoid legal liability, but this is unlikely.

It will be very difficult to borrow money to buy a house in the name of your spouse, because it depends on the credit history of both husband and wife. If either party has a bad record, it will be refused by the bank. In-laws financial technology has two major business segments, credit loans and owner loans, one of which can handle credit cards.

In addition to the impact on spouses, it also has a great impact on children. Of course, there is a premise that credit card debtors do not have the money to deal with credit card arrears, but deliberately do not deal with them, and are sentenced by the court and become the court's untrustworthy list, also known as Lao Lai. In this case, it will affect children's schooling.

At present, most banks' credit cards have a three-day grace period, and returning the money to the bank within the three-day grace period will not be considered overdue. If it is not returned for more than three days, the following consequences will occur:

1, overdue penalty interest

After each bank's credit card is overdue, the interest will be calculated according to the daily interest rate of 0.05%, and the credit cards of a few banks will be compounded monthly.

2. Late payment fee

Most banks charge a late fee of 5% of the minimum outstanding amount, and a few banks charge 5% of the outstanding amount.

3. Credit report

After the deadline, the bank will report the overdue records to the credit information system. Once the overdue records appear in the personal credit information report, it will be more difficult to borrow from the bank in the future.

4. Criminal responsibility

If the credit card overdue behavior is serious, it will also constitute the crime of credit card fraud, and will be prosecuted by the bank and bear criminal responsibility.

5. An untrustworthy person is executed.

Cardholders who intentionally fail to repay the loan within the time limit, as well as cardholders who have the repayment ability and refuse to perform the repayment, will also become untrustworthy executors. Once they become untrustworthy executors, their lives will be severely restricted.