After overdrafting your credit card due to gambling, if you are unable to repay and are overdue for a long time, you will most likely be sued to court by the bank for malicious overdraft of your credit card and fraud. Gambling is an illegal act and should be strictly eradicated. Gambling has caused many families to be broken up and separated from their wives and children. Overdue credit cards are also an illegal act. If the amount is too large and the payment is not paid for a long time, you may be seriously prosecuted by the bank and may even go to jail.

1. The consequences of serious overdraft on a credit card

If the credit card is overdue and the payment is not overdue, you will be jailed. Depending on the seriousness of the circumstances, the cardholder will be sentenced for how many years. According to the "Criminal Law" Regulations stipulate that if a cardholder overdrafts beyond the prescribed limit or period for the purpose of illegal possession and fails to return the money for more than three months after being called upon twice by the card issuer, it will be deemed as a malicious overdraft. Malicious overdraft of 10,000 to 100,000 yuan will be sentenced to less than 5 years; if 100,000 to 1 million, the sentence will be 5 to 10 years; if the amount is more than 1 million, the sentence will be more than 10 years or life imprisonment. Even if you go to jail, in addition to high fines, you will also need to pay off your bank and credit card balances.

2. Gambling is an illegal act

The consequences of malicious overdraft on a credit card are very serious, let alone a credit card overdraft due to gambling. If the gambling is reported and discovered , will also be subject to criminal detention, because gambling is an illegal act. No matter what the reason is, do not overdraft maliciously. After using your credit card for consumption, you should pay it back at the corresponding time in accordance with relevant regulations and requirements, so that you can continue to use it in a virtuous cycle.

The general public is reminded to live within their means when using credit cards and make reasonable consumption within their own financial capabilities. After overdrafting a credit card, try to repay it within the time limit specified by the bank to avoid paying interest. What's more important is that you can avoid breaking the law and being criminally liable because you are not clear about the legal provisions. We must get rid of the bad habit of gambling and use credit cards rationally to make consumption more reasonable and legal.