1. How long will it take for a credit card to be overdue before you will be prosecuted?

At present, different banks have different regulations. In addition to ICBC, all major banks will have time tolerance services. The so-called time-limited service means that outside the final repayment period of the credit card, as long as the minimum repayment amount is paid, it will not be overdue. Most banks have a repayment grace period of approximately 3 days.

Of course, for different card types, some banks give different times. The grace period of Bank of China’s platinum card is as high as 9 days. After the grace period, most credit information will be recorded, recurring interest will be generated based on all consumption amounts, and the interest-free period will no longer be enjoyed.

2. How long does it take for a bank to sue a credit card overdue?

Generally, if a credit card is overdue for more than three months, the issuing bank will effectively collect it more than twice. If the credit card is still not repaid for more than three months overdue, the bank will Legal steps will be taken to initiate proceedings. But if the minimum repayment amount is not overdue, or you take the initiative to repay a small amount every month, it can be considered a willingness to repay.

Taking into account the comprehensive cost of prosecution and choosing the appropriate collection method, banks usually screen based on different situations. If a bank sues a cardholder who owes a principal of RMB 50,000 and is convicted of a malicious overdraft, this constitutes the crime of credit card fraud and will be subject to criminal liability.

3. How long does it take for a credit card to be collected after it is overdue?

Credit cards are generally collected 90 days after they are overdue. First, the bank’s collection department staff will come to collect the money. If the cardholder responds proactively and has a good willingness to repay, the bank will no longer be embarrassed. If multiple collections fail, the collection service may be outsourced to a third-party collection company.

Third-party collection companies not only call more frequently, but also call more diverse targets, and may also come to collect collections. After various collection methods fail, the bank will file a lawsuit in court, and the cardholder may be held criminally liable. Those who have money but fail to fulfill their repayment obligations are listed as untrustworthy executors.

If there are any unclear or new situations, we recommend that you call us directly for free consultation so that you can understand the communication case situation and provide you with detailed and targeted answers to avoid problems due to incomplete information and poor communication. , the answer is wrong. I wish you success in safeguarding your rights.