Under normal circumstances, it will bear civil liability, but if there is loan fraud or loan fraud, it is suspected of committing a crime. If convicted, it will bear criminal responsibility. In addition, if you are sued, the court will make an effective judgment on the civil action, and you refuse to perform it, you may also go to jail. I suggest you repay the loan as soon as possible.

The following are the specific consequences:

1. No longer enjoys interest-free repayment.

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.

2. Receive a reminder.

When the overdue time reaches a certain period, the bank will send relevant reminders. Because of ignorance, some people not only don't pay back, but also "run away" by changing their addresses and mobile phone contact information, so that banks can't contact themselves, thinking that they can't help. In fact, this practice is very wrong and absolutely unacceptable. When handling a credit card, your real name information has been recorded by the bank. Once you "run away", the bank will think that you are maliciously overdrawn and will call the police.

Third, it affects 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 make it impossible for the cardholder to apply for a housing mortgage loan normally.

Four, serious because of "malicious overdraft" and constitute a crime.

When the amount owed is large and overdue for a long time, it may even violate the criminal law. According to Article 6 of the Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management (Fa Shi [2009]19), if a cardholder exceeds the prescribed limit or overdraws within the prescribed time limit for the purpose of illegal possession and fails to return it after being repeatedly urged by the issuing bank for more than 3 months, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.