1, interest

There are two charges for overdue credit cards, one is late payment fee, and the other is penalty interest. The late payment fee is usually 5% of the unpaid part of the minimum repayment amount, and the interest is five ten thousandths per day, and the interest is rolling.

2. Blacklist

If the repayment is overdue or maliciously refused for a serious number of times, it will be blacklisted, and it is very troublesome to buy a car or a house loan. In addition, once blacklisted, it will affect the credit history.

3. Legal liability

Once the bank files a lawsuit, you will also be investigated by law. If the credit card is overdrawn in bad faith for more than 90 days, the bank can file a lawsuit.

Extended data

Pay attention to the use of credit cards

1. Please apply for a credit card through regular channels or official website.

2. When signing the credit card collection contract, please carefully study the credit card usage regulations and charging standards.

You can't lend your credit card to others, and the bank will hold you accountable if there is a problem.

4. No matter whether you are in conflict with the bank, have doubts about consumption, or have other circumstances, please try not to express your dissatisfaction by not paying back the money, because credit cards will directly affect personal credit information and may seriously affect children's political review.

5. Overdue credit card is not an ordinary private lending dispute. Once the overdue principal exceeds 1 10,000, you can report to the police according to the relevant provisions of Article 196 of the Criminal Law, and you will face fixed-term imprisonment or criminal detention, and you will be fined at least 20,000 yuan and turned over to the state treasury.

References:

Baidu Encyclopedia: Credit Card Collection