Credit cards allow people to enjoy the pleasure of overdrafting in advance, but after all, it is bank money and must be repaid after use. Otherwise, you may be sued by the bank, and you may face penalties. A cardholder came to ask for help, saying that he owed 5,000 yuan on his credit card and was being sued. He wanted to know if there would be any penalties. This actually depends on two points, let’s take a look at them together. We all know that there are two main reasons for being sued by a bank for credit card debt. One is suspected of credit card fraud, which is a criminal prosecution; the other is a civil dispute prosecution, and the results of being sued for different reasons are different.

1. Credit card fraud The prerequisite for credit card fraud is malicious overdraft of the credit card, that is, for the purpose of illegal possession, the overdraft of the credit card is more than 3 months overdue, and the bank has failed to effectively collect the credit card twice. Once the overdraft amount exceeds 50,000 yuan, it meets the sentencing standard for credit card fraud. If the debt is not paid off after the court's judgment, or if the debt is refused, the person will be sentenced to fixed-term imprisonment of less than five years or criminal detention. The greater the amount of debt, the greater the penalty. The penalty will be longer. Although owing a credit card of 5,000 yuan may constitute credit card fraud, because the overdraft amount does not meet the sentencing standards, there will be no penalty.

2. Civil disputes. Civil disputes will not be subject to criminal liability. Although banks will also sue them, general courts will not impose sentences. However, if you clearly have the ability to repay after the judgment, but still refuse to repay, you will be sentenced to "refuse to execute the judgment or ruling" and be sentenced to fixed-term imprisonment of not more than three years. In addition, the bank may also request the court to include the cardholder on the list of dishonest persons subject to enforcement, which will make him a defaulter. To sum up, if you are sued for owing 5,000 on a credit card, you will not necessarily be punished, but an overdue credit card will have an impact on your credit report, and will also generate high penalty interest. If you do not repay early, the interest will snowball. The bigger the debt is, so no matter what, you have to find a way to pay off the debt as soon as possible.