generally, a credit card will not send a letter to the address of the residence permit or contact the landlord when it is overdue. Generally, a credit card can enter the judicial process 9 days after it is overdue, and the case can be filed. The prosecution period is two years. Consequences of credit card failure (dunning step):

① The issuing bank will urge the credit card loan at maturity according to law. According to the loan contract and guarantee contract (mortgage or pledge contract), the issuing bank will sue the court, and the court will take measures such as property preservation, including freezing the bank deposits of the credit user and sealing up the pledged property.

② after the judgment is made, the property will be enforced (deducting deposits, auctioning collateral, etc.) according to law to pay off the loan losses of the bank.

specifically, it includes: principal in arrears, interest in arrears, overdue interest and penalty interest, all litigation costs arising therefrom, and related expenses incurred when the mortgaged (pledged) thing is realized.

③ Credit will be affected. If the borrower is a company, your company will be recorded in the national bank credit consultation system, and the credit card overdraft in the name of an individual will also be recorded as overdue loan in the national personal credit consultation system.

④ If the bank loan is not owed maliciously, and it is able to pay the interest of normal credit card overdraft, it is suggested to apply to the credit card center for a repayment suspension first, stating the willingness to repay, the fact that the credit card is not owed for the time being and the plan for future repayment. Under normal circumstances, the bank will grant a grace period.