The law stipulates that debts must be paid off. If the debtor is unable to repay the debt, the debtor may repay it by installments with the consent of the creditor or the ruling of the people's court. If it refuses to repay, the people's court shall make a judgment of compulsory repayment. In other words, if the cardholder is really unable to repay, he can also apply for installment payment.
When negotiating personalized repayment, remember to provide proof that you are unable to repay. You can provide these certificates: low-income family certificate, poor family certificate, unemployment certificate, disease certificate, etc. In a word, it is to prove that you are really unable to repay, rather than deliberately not paying back.
Generally speaking, credit cards will not be prosecuted if they are overdue, and only dunning will be carried out. However, if the bank fails to repay twice in March, the probability of being sued is very high, so it is best not to overdue the credit card for more than 3 months.
Because malicious overdraft belongs to the crime of credit card fraud, it belongs to intentional crime and has the subjective purpose of illegal possession, and its constitutive requirements are very important. Malicious overdraft refers to the money refused or not returned, excluding bank late fees, compound interest and other fees charged by issuing cards.