1. Bank customer service collection

After the bank clerk discovers that your credit card has not been repaid, the bank customer service will call you to remind you of the repayment, which is collection repayment.

2. Incurring high interest rates and late payment fees

For amounts that are not returned by the cardholder on the repayment date, interest will be calculated from the repayment date, and interest will be calculated on the full amount. That is, the principal is the total amount owed in the current period, and a daily interest of 0.5% is charged, and the cycle continues. Plus bank late fees.

3. Blacklisting

If the bank reminds you that if you fail to repay your overdraft for two months, the bank will put it on the personal credit blacklist. This will affect the future. Life issues such as mortgages, car loans, and going abroad.

4. Being sued

If the overdraft is not repaid after two calls in three months, the bank will ask a lawyer to send a lawyer's letter to the user to sue the credit card for malicious overdraft. If the amount is huge, it may constitute credit card fraud. In the definition of credit card fraud in the criminal law, RMB 10,000 is considered a large amount, and RMB 100,000 is considered a huge amount.

Extended information:

The Supreme Court’s Interpretation on Several Issues Concerning the Specific Application of Laws in Criminal Cases of Obstructing Credit Card Management

1. Article 8 Malicious overdraft, the amount is within five If the amount is more than 100,000 yuan but less than 500,000 yuan, it shall be deemed as a "relative amount" as stipulated in Article 196 of the Criminal Law. The "huge amount" stipulated in Article 96, if the amount is more than 5 million yuan, shall be deemed as the "especially huge amount" stipulated in Article 196 of the Criminal Law.

2. Article 9 The amount of malicious overdraft refers to the actual overdraft principal amount that has not been repaid when the public security organ files a criminal case, excluding interest, compound interest, late payment fees, handling fees and other fees charged by the card-issuing bank. . The amount returned or paid shall be deemed as the return of the actual overdraft principal.

3. Article 10 If the amount of malicious overdraft is relatively large and the amount is fully returned before the prosecution is initiated or there are other minor circumstances, prosecution is not required; if the amount is fully returned before the first instance judgment is made or there are other minor circumstances, the case shall be dismissed. Can be exempted from criminal penalties. However, this does not apply to those who have been punished twice or more for credit card fraud.

4. Article 11 If a card-issuing bank issues a loan in the form of a credit card overdraft in violation of regulations, and the cardholder fails to return it as required, the penalty will not be applicable

5. Article 190 Six 'malicious overdraft' provisions. If it constitutes other crimes, it shall be punished as other crimes.