After the credit card is overdue, the bank will generally make a dunning, no matter how much.
If the credit card is temporarily unable to repay, you can apply for installment repayment or choose the minimum repayment amount.
Impact of overdue credit card:
1, resulting in bad credit records;
2. Interest: the daily interest is calculated at 0.05%, and the interest is calculated from the consumption bookkeeping date;
3. Late payment fee: 5% of the unpaid part of the minimum repayment amount will be used as late payment fee, which will be collected monthly;
4. It will affect the withdrawal and installment application.
As the credit card has not been repaid, its legal consequences mainly include:
1 will generate high overdue interest.
You will be sued by the bank to the court, and you will have economic losses such as legal fees and attorney fees.
3. Individuals will have bad credit records, which will have an impact on future bank cards and loans.
4. The amount owed is more than 6,543,800 yuan, which constitutes the crime of credit card fraud and should be investigated for criminal responsibility.
criminal law
Article 196 Whoever commits credit card fraud under any of the following circumstances, if the amount is relatively large, 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; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he 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 confiscated property.