1. What should I do if my industrial and commercial credit card is overdue?

1. If the credit card cannot be credited, it may be that the credit card has been frozen by the bank.

2. The party concerned should go to the bank to understand the reason why the money has not been deposited. If it is frozen by the bank, he can go to the counter to pay off the outstanding balance and request the bank to unfreeze the credit card.

How to handle credit card installments that cannot be paid are as follows:

1. You can negotiate with the bank, explain clearly your inability to repay, and then try to propose an extension of the repayment period. , apply for repaying the debt in installments, and at the same time try to apply for an interest suspension;

2. If the overdraft is malicious, it is suspected of credit card fraud, the bank can sue the court, and the cardholder will be fined accordingly Criminal penalties;

3. If a credit card is overdue for three months, it can be regarded as a malicious overdraft penalty. If you prove your repayment ability and repayment plan, you will generally not face criminal liability.

The sentencing standards for those who are unable to repay bank credit cards include:

1. Those who engage in credit card fraud and 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 20,000 yuan. A fine of not less than RMB 200,000 but not more than RMB 200,000;

2. 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 RMB 50,000 but not more than RMB 500,000;

3. If the amount is extremely huge or there are other particularly serious circumstances, the person shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or have property confiscated.

2. What are the impacts of bad credit reporting?

1. No longer able to apply for loans Seriously and long-term overdue. The loan business will be refused, which means that you can no longer apply for a loan to buy a car, a house, or for other purposes at any bank.

2. Unable to apply for a credit card

Credit card is such an important product for daily consumption. If you have a bad credit record, you will not be able to apply for it in the future, or it will be difficult to apply for it. It will also be very difficult to increase the limit of the original credit card.

3. Impact on travel

Individuals with bad credit records will be refused to take expensive and comfortable travel tools, such as airplanes, train soft sleepers, first-class seats on EMUs, and second-class seats on ships. Waiting for first class seats and above. Even private cars will be restricted from purchase. The purpose is very clear: late repayers will not be able to enjoy these higher-cost means of transportation, and will punish those who have money but do not pay back.

4. Impact on employment and promotion

Credit reporting has spread to all aspects. In large enterprises, employee background checks will also pay great attention to personal credit reporting records. Any individual who refuses to repay his debts because he has the ability to repay will be included in the list of dishonest persons subject to execution by the people's courts at all levels across the country, receive credit penalties, and will not be able to serve as the legal representative, director, supervisor or senior corporate officer of any domestic company. .

If your credit card is overdue and the money has not been deposited, you should contact the bank that issued the card as soon as possible to inquire about the reason and solve the problem in a targeted manner. After the due date, the cardholder needs to pay high overdue penalty interest, liquidated damages and late payment fees. At the same time, overdue credit records will also lead to defects in personal credit records, making it more difficult to apply for loans in the future.