Affect personal credit records. If the overdue time is too long and the bank's reminder notice is ignored, the credit card account will be frozen by the issuing bank. The record of arrears may be fed back to the personal credit information system of the People's Bank of China, which will affect the cardholder's personal credit record and lead to the impermanence of the cardholder's application for housing mortgage loan.

First, no longer enjoy the interest-free repayment treatment. When the amount owed is small and the overdue time is short, the issuing bank will calculate the interest on a daily basis with the consumption amount as the principal, with the daily interest rate of 0.5 ‰ and compound interest on a monthly basis; For the unpaid part of the minimum repayment amount, a late fee of 5% will be charged every month.

Second, receive a reminder notice. When the overdue time reaches a certain period, the bank will send relevant reminders. Bian Xiao tip: In case of overdue repayment, you must not change your address and mobile phone to avoid responsibility. This is very wrong and absolutely unacceptable, because when you apply for a credit card, the applicant's real name information has been recorded by the bank. Once there is a long overdue repayment, and the bank can't find the applicant, it will think that the applicant has maliciously overdrawn the arrears and call the police. If the amount owed is large, it is expected to take a long time, which may even constitute a crime.

Third, if you forget the repayment date, you must contact the bank as soon as possible to explain the situation and repay the arrears. Never evade repayment because of temporary negligence or luck.

Blacklist of credit information: If there are overdue records for more than 3 months in credit information, or 6 months in 2 years, it is already very serious and will be blacklisted by all banks.

5. Penalty interest and late payment fee: If the credit card fails to repay after the interest-free period, it will no longer enjoy the interest-free right and need to pay interest, compound interest, late payment fee and handling fee.

Sixth, criminal punishment: this is only for card friends who owe less. If you owe more than 50,000 yuan, and you don't pay it back for more than 3 months, you are likely to face criminal punishment if you fail to collect it twice.

Seven, according to the credit report, overdue records can only be covered five years after the debt is paid off, so the record of not paying back the money will always be there, and it will continue to be used for five years after it is paid off, so don't take any chances after the credit card is overdue, and it is best to repay it as soon as possible, especially not to avoid collection, otherwise it will be considered as malicious overdraft. If you have difficulty in repayment, you can communicate with the bank. As long as you are positive and don't escape, you can ask for repayment by installments.

What are the serious consequences of overdue credit cards?

Failure to pay back the credit card will affect the personal credit record, limit high consumption and bring inconvenience to life. If it is serious enough to constitute a malicious overdraft of a credit card, the credit card crime is established. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan. A large amount refers to more than 6,543,800 yuan but less than 6,543,800 yuan.

Legal basis:

Article 196 of the Criminal Code of People's Republic of China (PRC).

Whoever maliciously overdraws a credit card and engages in credit card activities, with a relatively large amount, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan.

Article 6 of the Interpretation of the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases Affecting Credit Card Management.

If the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and the card-issuing bank fails to repay it for more than three months after two collections, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.

Malicious overdraft, the amount of which is more than 10,000 yuan but less than 100,000 yuan, shall be deemed as "a large amount" as stipulated in Article 196 of the Criminal Law; If the amount is more than 100,000 yuan but less than 1 million yuan, it shall be deemed as "a huge amount" as stipulated in Article 196 of the Criminal Law; If the amount is more than 6,543.8+0,000 yuan, it shall be deemed as "extremely huge amount" as stipulated in Article 196 of the Criminal Law.

What happens if there is no credit card?

1. Expenses such as overdue interest and liquidated damages. : Calculate the interest from the overdue date of the credit card, which is generally five ten thousandths of the daily interest, and compound interest is calculated monthly; The liquidated damages are generally 5% of the unpaid part of the minimum repayment amount.

2. Bad credit record: after the deadline, the personal credit report will produce bad records, which will affect the future loan application.

3, may face criminal responsibility: if the long-term overdue and overdue amount is large, then you may receive a reminder from the bank; If the bank still fails to repay the arrears after being reminded, it may face criminal responsibility.

Generally speaking, the impact of overdue credit cards is still relatively large, and it is recommended that you must repay on time.

If your credit card is about to expire or has expired, I suggest you contact the bank in time, explain the situation on your own initiative, and find out whether you can apply for deferred repayment or reduce the penalty interest and repay as soon as possible.

If the credit card is overdue, there are several solutions:

1, the cardholder should also pay the arrears in time, take the initiative to contact the bank customer service to explain the situation, and keep the credit card account in a normal state;

2. Cardholders should not cancel their bank cards because they are overdue, because they will lose the opportunity to repair their credit. After the overdue period, the cardholder should continue to use the overdue credit card normally, spend more, repay on time, and replace the overdue record with a new repayment record;

3. Cardholders should not lose contact after the deadline. The loss of association makes the bank think that the cardholder is maliciously overdrawn, and the bank may detain the cardholder.

So much for the introduction of overdue credit cards.