Legal Subjectivity:

If you are unable to go to work due to the new coronavirus and are unable to repay your credit card on time, you don’t have to worry too much about this. Because the central bank and the China Banking Regulatory Commission have issued a notice on January 26, 2020, on strengthening cooperation in the banking industry, insurance industry, and financial industry services to prevent and control the pneumonia epidemic caused by the new coronavirus infection. Therefore, if you are unable to work due to the epidemic and cannot repay your credit card on time, you don’t have to worry too much. Banks will extend your repayment and will not include penalty interest or blacklisting. The "Criminal Law of the People's Republic of China" stipulates as follows: Article 196 Whoever commits credit card fraud under any of the following circumstances 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 200,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances , 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: (1) Using a forged credit card, or using a credit card fraudulently obtained with false identification; (2) ) Using an expired credit card; (3) Pretending to use another person’s credit card; (4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. Anyone who steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law. Legal objectivity:

Article 675 of the "People's Republic of China and Civil Code" The borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; the lender may urge the borrower to return it within a reasonable period of time. Article 676 of the "People's Republic of China and Civil Code" If the borrower fails to repay the loan within the agreed time limit, he shall pay overdue interest in accordance with the agreement or relevant national regulations. Article 677 of the "People's Republic of China and Civil Code" If the borrower returns the loan in advance, interest shall be calculated based on the actual loan period, unless otherwise agreed by the parties. Article 678 of the "People's Republic of China and Civil Code" The borrower may apply to the lender for an extension before the expiration of the repayment period; if the lender agrees, the extension can be made.