If your credit card is overdue and is included in the "blacklist of dishonest people", you will not be allowed to fly or take high-speed trains.

Black list of dishonest persons. According to Article 196 of the Criminal Law, if a credit card exceeds the prescribed limit or is overdrawn within the prescribed period, and fails to return the credit card after being called by the card-issuing bank, it will be regarded as a malicious overdraft and will be sentenced to a fixed term in accordance with the law. If the amount is particularly huge, the offender shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or have property confiscated.

: There are three major consequences of overdue repayment of credit card overdrafts: 1. The card issuer charges compound interest and imposes late payment penalties. Cardholders who do not repay overdue payments will inevitably increase their financial burden. A valid credit card contract relationship is established between the bank and the user. The user's failure to repay the credit card overdraft has constituted a breach of contract and shall bear civil liability in accordance with the provisions of the contract. According to the contract, citizens who lose the lawsuit must not only pay the principal and interest of their credit card arrears, but also pay interest, late fees and other fees. If the monetary payment obligation is not performed within the time limit specified in the judgment, the interest on the debt during the period of delayed performance must also be doubled according to regulations. Although the rates of late payment fees collected by each bank are different, the ratio is not low. If the cardholder fails to pay back the due amount for a long time, over time, the compound interest charged by the card issuer and the late payment penalty plus penalties will become a considerable sum for the cardholder. financial burden.

2. If you leave a "credit stain" on the People's Bank of China's credit record, you will be collectively rejected by the banking industry when handling other credit businesses. Since 2006, the People's Bank of China has launched a personal credit information database and gradually upgraded and improved it. Now all banks across the country have conducted online inquiries. If the cardholder or borrower has malicious defaults on money, overdrafts, or repayment records, Bad behavior will be recorded in the database. At that time, if the customer wants to take out a loan to buy a house, buy a car, or apply for other credit cards, it is very likely that the banks will collectively reject the loan as "tainted elements".

3. Cardholders will receive continuous collection notices from the card issuer or its agency, and may be sued in court or even face jail time. According to the "Criminal Law" of the People's Republic of China and the relevant judicial interpretations, a credit card holder exceeds the prescribed limit or overdrafts within the prescribed period for the purpose of illegal possession, and the card-issuing bank fails to return the payment for more than 3 months after two collections by the card-issuing bank. This behavior is a malicious overdraft behavior and may constitute the crime of credit card fraud. If you still fail to perform the relevant obligations after the bank's demand notice arrives, you will not only have to pay a huge fine if a lawsuit is filed, but you will also face the possibility of losing your freedom and reputation.