Why is it good or bad to have no one to pay debts to credit cards for 8 years?

Once a credit card is overdue, it will be an essential process to be collected by the bank. Generally, it only takes If overdue cardholders do not repay their debts, the bank will continue to collect repayments from overdue users.

But recently I saw a user saying that his credit card has been overdue for 8 years and no one has collected money on him. So is this true? What is the situation like for overdue users? Good or bad?

We also mentioned above that generally as long as the cardholder fails to repay the loan, the bank will not give up collection. Therefore, it is impossible for the bank to stop collection after the credit card is overdue for eight years. Overdue users may be If you change your contact information midway, causing the bank to be unable to contact you and therefore unable to receive collection calls, this does not mean that the bank has given up on its collection.

It is not a good thing for overdue credit card users to no longer receive collection calls from banks for eight years. This may make the cardholder's overdue users more and more serious.

If the user changes his contact information and no longer receives collection calls from the bank, the bank may think that the user is avoiding collection and is committing a malicious overdraft.

If the bank cannot contact the overdue user at this time, it may directly initiate litigation against the overdue cardholder. Once the cardholder's overdue amount reaches 50,000 yuan, he may also be imprisoned. Therefore, credit card After the due date, users must not deliberately avoid bank collection.

If the user does not change the contact information, but the bank is not collecting money from itself, it may be that the bank is currently preparing a lawsuit against the overdue user, so it has temporarily stopped collecting money from the user. The user may soon You will receive a lawsuit notice later, so this is not a good thing. Once you are sued by the bank, the consequences of overdue repayment will be serious.

Once a credit card is overdue, overdue users will eventually need to return the overdue funds, even if they go to jail. Therefore, cardholders must not avoid repayment after overdue repayment. , deal with your debts as early as possible. The sooner the debts are dealt with, the smaller the impact will be on you.