1. What will be the consequences of serious overdue credit cards?

1. after the credit card expires, the credit information of the cardholder will be recorded and bad.

2. If the amount owed is not large, it is still civil liability. Although banks do not prosecute cardholders, they will be blacklisted, and then the business of financial institutions such as banks will be restricted.

3. If the overdue amount is large and the overdue time is long, the bank will take legal measures to recover the arrears, and the cardholder is likely to go to jail. Depending on the amount and circumstances, you can face up to life imprisonment.

second, how to eliminate overdue records

there is no way to eliminate overdue records artificially. according to the regulations on the administration of credit reporting industry, the retention time of personal bad information by credit reporting institutions is five years from the end of overdue, and it can only be deleted if there are no overdue records within five years.

there are two ways to clear overdue records as soon as possible. The first is to pay off the arrears immediately when the overdue time is short and the overdue amount is small, and then call the bank to communicate with the bank. If the previous credit is good, the bank will agree to clear the overdue record.

the second reason is that the overdue is not due to the cardholder, but to the bank. If bank employees make mistakes, they can apply for the cancellation of overdue records.

third, what should I do if my credit card is overdue and I have no money?

if the credit card has no money to repay within the time limit, you can apply to the bank for minimum repayment or deferred repayment. Cardholders can explain to the bank their willingness to repay, the fact that they can't repay their credit card debts for the time being and their future repayment plans. Generally speaking, the bank will agree to an extension. Therefore, if there is overdue behavior, it is recommended to pay off the arrears in time or communicate with the bank.

However, if the overdraft exceeds 1, yuan and is not returned for more than 3 months, it is suspected of malicious overdraft, and you must take the initiative to explain the situation to the bank to avoid criminal responsibility.

The consequences of overdue are still very serious. If you don't handle it in time, you may face litigation risks. Contact legal counsel to solve your overdue troubles.