If the payment is not made for three consecutive months, the bank will freeze the credit card account and then call for collection. After repeated collection, the bank will file a lawsuit.
Credit card overdue repayment will face the following consequences:
1, credit card late fee. The so-called credit card late payment fee refers to the fee that the cardholder should pay to the issuing bank in accordance with the regulations when the repayment date is overdue or the repayment amount is lower than the minimum repayment amount. ?
2. Overdue interest. After users overdraw with credit cards, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder's repayment is overdue, all the expenses of the cardholder last month will no longer enjoy the interest-free treatment of the bank, and the circulating daily interest rate is as high as five ten thousandths, that is, the annual interest rate reaches 18%. ?
3. Bad credit record. Credit card overdue repayment records will enter the central bank's credit information system to generate bad credit records. China's personal credit information records have been networked nationwide. As long as individual residents have handled loan business in banks, applied for credit cards, or provided guarantees for others, credit reports can be found in any domestic commercial bank. ?
4. Non-malicious, small, short-term overdue
Bad credit card records are non-malicious, small, short-term overdue, etc. , and the People's Bank of China will not keep this record. As long as the card friends have been using it normally for 24 months, they can cover the bad credit records that were not serious two years ago.
5. Malicious overdraft, large amount, overdue.
The bad record of credit card is malicious overdraft, which is large in amount, bad in nature and serious in circumstances. It will take five years to eliminate it.
According to article 196 of the criminal law
In any of the following circumstances, the cardholder will be jailed for credit card fraud.
(a) using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate;
(2) Using an invalid credit card;
(3) Fraudulent use of another person's credit card;
(4) malicious overdraft; It refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.
If it cannot be repaid in full after consumption or cash withdrawal, it can be repaid according to the minimum repayment amount, that is, 10% of the current repayment amount, and the relevant interest expenses will not affect the personal credit record. If you pay according to the minimum repayment amount, you'd better pay attention to the statement of each period.
Generally speaking, every bank will charge a certain interest for overdue repayment, which is different from each bank, and is generally five ten thousandths of the interest. However, the value date should be calculated from the date of consumption, not from the day after the last repayment date.
Extended data:
Remedial measures for overdue credit cards:
1. Keep using this card.
After the deadline, the best way is to continue to use this card, overwrite the original negative record with the new normal repayment record, and pretend that nothing happened. Generally, a new credit record will be generated after 24 months, and personal credit will not be affected after refreshing the record.
2. Never run away.
If it is overdue for a long time, there will be a high late fee for credit card accounting interest. When you see a huge debt, don't run away. Go to work and live every day. Otherwise, the bank will think that you owe money in bad faith, and the police may list you as a wanted man.
3. Inability to repay the loan requires timely explanation.
If you can't repay the loan on time due to unemployment, illness and other reasons, you should state your financial situation and declare that you are not malicious before the repayment period, and you can apply for deferred repayment and interest concessions. Move with emotion, understand with reason.
4. It is best to repay in full and explain the reasons.
If you forget to pay back because of your usual carelessness, you must pay back in full as soon as possible, preferably in full, and then call to explain that you are not malicious. This has a high probability of eliminating overdue records.
Tips:
1, keep active communication with the bank, don't avoid it, no matter how much you have, pay it back first to prove that you are not maliciously overdrawn.
If you have a good attitude, you can communicate with the bank to reduce the huge interest generated by your unpaid interest.
Remember to solve this problem in time. Don't wait until it's a few months overdue to remember. If the funds can't be turned over temporarily, you can try to repay by installments to reduce the repayment pressure.
References:
Baidu encyclopedia-overdue repayment