General late payment fees (including tax late payment fees) do not have a maximum limit, so they can exceed the principal.

It is legal for credit card overdue interest to exceed the principal, and overdue interest cannot be higher than the principal. This interest is calculated based on the number of days you are overdue and the daily overdue interest rate. The longer you are overdue, the higher the interest will be. According to the overdue interest rate stipulated by the central bank, the overdue interest rate can be increased by 30%-50% from the normal interest level, so when you are overdue for too long, the interest may exceed the principal, and it is also legal

Credit card installments can be repaid in advance Are you done?

Credit card installments can be repaid in advance, but you need to contact customer service in advance to terminate the installment. If you do not apply to terminate the installment, the remaining balance of the installment will not be billed at once, and the card limit will still be occupied. The money you deposit is only equivalent to a deposit.

In addition, even if the installment is terminated early, the handling fees for the remaining installments will still be charged. For example, if you repay 1,000 yuan per installment, 12 installments and 1,200 yuan each, if you pay back 1,200 yuan in one lump sum, the bank will only think that you have paid too much, and the rest is just overpayment. The bill is still deducted in one installment. If possible, you can cancel the installment payment first, then repay the loan, and click repay directly, but the specifics still depend on the bank's regulations.

Will you go to jail if you owe a credit card?

1. If you file a lawsuit with the bank if you owe a credit card, you may not necessarily go to jail. This depends on the specific circumstances.

2. Failure to repay a credit card debt when due shall constitute a breach of contract in civil law. The debtor shall bear corresponding liability for breach of contract in accordance with the terms of use of the credit card.

Legal basis:

"Tax Collection and Administration Law of the People's Republic of China"

Article 32 Taxpayers fail to pay taxes within the prescribed time limit If the withholding agent fails to pay the tax within the prescribed time limit, the tax authorities, in addition to ordering payment within a time limit, will also impose a daily late payment penalty of 0.05% of the overdue tax starting from the date of overdue tax payment.

Article 33 Taxpayers shall apply for tax reduction and exemption in accordance with the provisions of laws and administrative regulations. Decisions on tax reductions and exemptions made by local people's governments at all levels, competent departments of people's governments at all levels, units and individuals in violation of laws and administrative regulations and without authorization are invalid, and tax authorities shall not implement them and report them to higher tax authorities.

Article 34 When tax authorities collect taxes, they must issue tax payment certificates to taxpayers. When a withholding agent withholds or collects taxes, if a taxpayer requires the withholding agent to issue a tax withholding or collection voucher, the withholding agent shall issue one.

"Administrative Enforcement Law of the People's Republic of China"

Article 45, Paragraph 2 The amount of additional fines or late payment fees shall not exceed the amount of the monetary payment obligation.