Legal subjectivity:

The new regulations on credit card overdue are as follows:

1. Liquidated damages replace late payment fees. After the implementation of the new credit card regulations, late payment fees arising from overdue payments will be replaced by liquidated damages. Although both charging standards are charged at 5% of the unpaid portion below the minimum repayment amount, liquidated damages will prevent the occurrence of interest compounding;

2. The credit card sentencing standards have been raised. If a credit card is overdue, you may be held criminally responsible, especially if you maliciously overdraft your credit card, which constitutes credit card fraud, you will be arrested and imprisoned. The new regulations for overdue credit cards will increase the sentencing standard from the previous 10,000 yuan to 50,000 yuan;

3. The minimum repayment amount may be less than 10. After the new credit card regulations, the minimum repayment amount of the bank is not necessarily 10. The specific amount is decided by the bank itself. At present, most banks still set the minimum repayment amount at 10, and some set it at 5 or even lower;

4. Set upper and lower limits on overdraft interest rates. In the past, credit cards that exceeded the interest-free period were calculated based on a daily interest rate of 5/10,000. However, the new rules set upper and lower limits for overdraft interest rates. The upper limit is a daily interest rate of 5/10,000 and the lower limit is a daily interest rate of 5/10,000. 0.7 times, generally in the range of 0.035 to 0.05;

5. The interest-free period may exceed 60 days. In the past, the interest-free period for credit cards was as short as 20 days and as long as 56 days. However, after the implementation of the new regulations, some banks have interest-free periods of up to 60 days, which is equivalent to two months of free card use;

6. Credit card cash withdrawals are included in the minimum repayment amount. In the past, credit card cash withdrawals did not require a one-time repayment, but the new regulations stipulate that the monthly cash withdrawal amount will enter the minimum repayment amount of this month's bill, and must be paid off in one time, otherwise it will be overdue. This increases the repayment pressure on cardholders, so it is better not to withdraw cash easily.

Legal objectivity:

Article 177-1 of the Criminal Law of the People's Republic of China

The crime of obstructing credit card management has the following circumstances: 1. Whoever obstructs the management of credit cards shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or solely be fined not less than 10,000 yuan but not more than 100,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years. , and shall be subject to a fine of not less than 20,000 yuan but not more than 200,000 yuan:

(1) Holding and transporting a credit card knowing that it is a counterfeit, or holding or transporting a blank credit card knowing that it is a counterfeit, the quantity Larger;

(2) Illegal holding of other people’s credit cards in large quantities;

(3) Using false identity certificates to fraudulently obtain credit cards;

(4) Selling, buying, or providing others with forged credit cards or credit cards fraudulently obtained with false identity certificates.

The crime of stealing, bribing, or illegally providing credit card information. Anyone who steals, bribes, or illegally provides other people's credit card information shall be punished in accordance with the provisions of the preceding paragraph.

If a staff member of a bank or other financial institution takes advantage of his position to commit the crime in Paragraph 2, he shall be severely punished.