What will happen if the credit card is not returned?

1. Bad credit record;

2. Interest: calculated at .5 ‰ per day;

3. Late payment fee: generally calculated as 5% of the unpaid part of the minimum repayment amount (depending on the regulations of each bank);

4. malicious overdraft of credit cards may also face criminal punishment;

5. Being blacklisted by the bank.

1. General parents' personal credit information has no influence on their children.

2. However, if the parents are the executors, their children are not allowed to attend high-fee private schools or study abroad after being restricted from high consumption. In the enrollment policies of private schools in some cities, it is clearly stated that private schools should restrict the children of dishonesty from attending high-priced private schools, and those who have already enrolled should immediately transfer to public schools. In addition, some schools that need political review for students may also reject the children of untrustworthy people.

3. When some employers recruit job seekers, they will conduct political review, and the bad credit of parents will affect their children's job hunting and employment.

4. Some students from poor families will want to turn to the national student loan. According to our country's policy, to apply for a student loan, they need to provide credit reports from both parents. If their parents are black households, the loan is likely to be rejected.

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What will happen if the credit card is not repaid all the time

Many people often forget to pay back the credit card or deliberately fail to pay it off, which will have very serious consequences in the long run. Generally speaking, overdue credit cards are also divided into different situations. One is people who deliberately fail to pay off their credit cards within the time limit. These people evade credit card repayment by not taking the initiative to repay or answering the bank's dunning call. They think that as long as they don't pay back the money, they can avoid the bank's accountability and use the money they borrowed before for free. This behavior is very bad. There is also a kind of people who are not careful about overdue, and they are overdue unintentionally. This kind of person usually forgets that he still needs to repay, or it is difficult for him to turn around during the repayment period, so he plans to pay it back in a few days, and does not want to deliberately avoid repayment. In any case, the consequences of overdue will be defined as overdue in the bank. So what are the consequences of overdue repayment? First of all, it will seriously affect your own credit information. If you fail to pay back the money in the bank within the time limit, it will be recorded in the credit information.

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What will happen if the credit card fails to repay

What will happen if the credit card fails to repay? Faced with the following consequences: 1. If the credit card fails to repay within the time limit, it will generate high interest and late fees. If the credit card is not repaid, the cardholder will no longer enjoy the interest-free period of the credit card. From the day of consumption, the interest of .5 ‰ will be charged every day, and the monthly compound interest will be calculated. The arrears of tens of thousands of yuan will generate thousands of yuan in less than a few days, and the longer the time, the higher the interest. If the credit card is not repaid in time after the interest-free period, the bank will charge the cardholder a late fee, which is 5% of the unpaid part of the minimum repayment amount. After a certain period of time, the bank will charge the cardholder a higher penalty interest. 2. Non-repayment of credit cards will lead to personal credit stains. As long as you have applied for a credit card or a loan, you will know how important your personal credit record is. Once your credit record is stained, it will be very difficult to apply for a credit card. This is not the most troublesome thing. Worst of all, if you want to buy a house in the future, the loan amount of a mortgage with a credit stain will be less than that of others, and the interest rate will be higher than others. If it is overdue, the bank will not lend it to you even if it wants to pay more interest rates. 3. The credit card may be stopped. If the credit card is not repaid, the bank will withdraw the revolving credit given to the cardholder and the credit card will be stopped. For those who have been in arrears for many times or have been in arrears for a long time, the bank will think that the cardholder has a high repayment risk, so it will stop using the credit card and recover the arrears from the cardholder. If the bank still fails to pay back the credit card arrears, the bank may apply for auctioning other fixed assets of the cardholder. 4. Malicious credit card arrears will be sentenced. If the credit card is unpaid for more than three months, it will be regarded as "malicious overdraft" and the bank can start judicial proceedings. China's criminal law stipulates that if the credit card overdraws more than 5, yuan, the debt lasts for more than 3 months, and the bank refuses to repay it after more than 3 reminders, the judicial organ will take corresponding measures (more than 5, yuan; Criminal detention under 5 yuan).

if the credit card is not returned, what are the consequences of overdue?

Those who are light don't pay back their credit cards, which affects their personal credit records, and is restricted by the relevant units to spend too much, which brings inconvenience to life; If it is serious enough to constitute a malicious overdraft of credit cards, the crime of credit cards is established. If the amount is relatively large, he shall be sentenced to not more than five years or criminal detention, and shall also be fined not less than 2, yuan but not more than 2, yuan. A large amount refers to more than 1 thousand yuan but less than 1 thousand yuan.

Legal basis:

Article 196 of the Criminal Law of the People's Republic of China

Whoever maliciously overdraws a credit card and conducts credit card activities with a relatively large amount shall be sentenced to not more than five years or criminal detention, and shall be fined not less than 2, yuan but not more than 2, yuan.

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

If a cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to repay it after being repeatedly urged by the issuing bank for more than three months, 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 1, yuan but less than 1, yuan, shall be deemed as "a large amount" as stipulated in Article 196 of the Criminal Law; If the amount is more than 1, 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 1 million yuan, it shall be deemed as "extremely huge amount" as stipulated in Article 196 of the Criminal Law.

What are the consequences of not returning the credit card?

If you don't return the credit card, your personal credit record will be affected, and your high consumption will be restricted by the relevant units, which will cause inconvenience to your life. What's more, it may constitute malicious overdraft of credit cards, and the crime of establishing credit cards. If the amount is relatively large, it shall be sentenced to not more than five years or criminal detention, and a fine of not less than 2, yuan but not more than 2, yuan shall be imposed. A large amount refers to more than 1 thousand yuan but less than 1 thousand yuan.

legal basis: article 196 of the criminal law of the people's Republic of China stipulates that those who maliciously overdraw credit cards and engage in credit card activities, if the amount is relatively large, shall be sentenced to not more than five years or criminal detention, and shall also be fined not less than 2, yuan but not more than 2, yuan.

Article 6 of the Interpretation of the Supreme People's Republic of China 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 stipulates that if a cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it for more than 3 months after being repeatedly urged by the issuing bank, 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 1, yuan but less than 1, yuan, shall be deemed as "a large amount" as stipulated in Article 196 of the Criminal Law; If the amount is more than 1, 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 1 million yuan, it shall be deemed as "extremely huge amount" as stipulated in Article 196 of the Criminal Law.

the amount of malicious overdraft refers to the amount that the cardholder refuses to return or has not returned under the conditions specified in the first paragraph. Does not include compound interest, late fees, handling fees and other fees charged by the issuing bank.

criminal responsibility should be investigated for malicious overdraft. however, if the overdraft interest has been fully repaid before the people's judgment is announced after the public security organ files the case, it can be given a lighter punishment, and if the circumstances are minor, it can be exempted from punishment. If the amount of malicious overdraft is large, and all the overdraft interest has been repaid before the public security organ files a case, and the circumstances are obviously minor, criminal responsibility may not be investigated according to law.

Consequences of non-repayment of credit card

There are three consequences of non-repayment:

1. Your credit record is worse, which will also lead to low credit evaluation, which will become a credit stain. Bad credit information will be uploaded to the personal credit information system of the People's Bank of China, and there will be stains on various systems in the country, so you can't apply for a credit card or apply for a loan in the future;

2. The bank will ask you to repay, and if you don't, it will force you to repay.

3. You use a credit card to pay by installment, and the bank will save you a late fee, so you need to pay back more and more money. If you reach a certain limit, notify the card owner, and if you still owe money, you will be alerted.

Installments

Installments are mostly used in some product transactions with long production cycle and high cost. Such as the export of complete sets of equipment, large vehicles, heavy machinery and equipment. The method of installment payment is that after the import and export contract is signed, the importer pays a small part of the payment as a deposit to the exporter, and most of the rest will be paid in installments after the products are partially or completely produced and shipped, or when the goods are installed, commissioned, invested and quality guaranteed.

that's enough for the introduction of the consequences of credit card non-repayment.