First of all, after repeated dunning, if the parties still fail to repay the money, they will bring a civil lawsuit to the court.
after the trial by the people's court, if the parties still fail to repay the loan, the case may be transferred to the public security organ for investigation and formally established as a criminal case. After investigation by the public security organs, the case will be sent to the procuratorate for public prosecution.
Legal basis:
A loan contract is a contract in which the borrower borrows money from the lender, returns the loan at maturity and pays interest.
a loan contract shall be in written form, unless it is otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.
Extended information:
First, the credit card is generally between 1, yuan and 1, yuan; The amount of a gold card is generally between 1 thousand yuan and 5 thousand yuan; The amount of platinum card will be different according to the different upper limit of the bank, generally starting at 5 thousand yuan; Black cards are credit cards with a million-level quota, and the upper limit of each bank will be different, ranging from 1 million to 5 million.
credit card limit, also known as credit card available limit, refers to the maximum amount that you can use with your credit card, which includes the credit limit (that is, the maximum credit card overdraft limit) and the amount deposited in the credit card. Everyone will pay more attention to the amount of credit card final approval when handling credit cards. No matter whether it is necessary to use that much amount, most users are still willing to handle a large credit card.
the credit card limit depends on the effective income and the value of asset guarantee provided by the individual in the application process. The credit limit of a credit card is positively related to the income and secured assets of the applicant, that is, the higher the income and secured assets, the higher the credit limit. Therefore, the applicant must provide proof of income and statement of asset guarantee. Asset guarantee includes fixed assets such as real estate and automobiles, as well as current assets such as savings and bonds.
second, the consequences of overdue
if the credit card is overdue, it will be reported to the credit bureau, leaving a bad record, paying a high penalty interest, being blocked by the wind, and even involving credit card fraud in serious cases, and being punished criminally. In today's society, the use of credit cards is becoming more and more frequent, especially for young people. Credit cards can help them meet the demand for timely consumption.
within the three-day grace period of the credit card, the user still fails to repay the loan, fails to take the initiative to explain the situation to the bank and refuses to answer the phone. Then the bank will report the overdue record of the user to the central bank's credit information system. And this bad record will affect users' future mortgage, car loan and other loans. Of course, the credit record is not completely unrecoverable. There is no bad record within 5 years after the user pays off the arrears, and it can return to normal.
In addition to reporting credit information, overdue credit cards will also generate high penalty interest and interest. Although we don't feel much interest when using credit cards, once overdue, the interest will double, and the longer overdue, the more arrears will be.
In addition, when the bank determines that the user is seriously overdue, it will directly freeze the user's credit card use.
the most serious situation is that after the bank fails to collect the information, and the law firm is entrusted to package the user's information to the collection companies in various places for collection, the debt on the credit card will be changed to bad debt. At this time, users may not be bothered by the collection from all parties, but they may accept the summons from the judicial authorities. "