If the credit card is overdue, the card-issuing bank will not confiscate the property in the cardholder's name, and the bank has no right to do so. However, cardholders need to pay attention to the fact that after the credit card is overdue, the bank will first call or send a message to remind the cardholder to repay as soon as possible. However, if the cardholder has been in arrears for a long time and owes a lot of money on the credit card, the overdue situation will be serious. The bank is likely to take action to court. The court ruled at that time that cardholders must repay as soon as possible and cardholders cannot delay any longer. If the cardholder still refuses to pay, the court may put the cardholder on the list of defaulters and may then seize and freeze the cardholder's assets.

How to restore the use of a credit card that has been suspended overdue?

If the cardholder wants to resume use of his credit card after it has been suspended, he needs to pay off the balance as soon as possible. Then there's the need to repair credit that's been damaged by defaults and build a good record. Although bad records on the credit report usually need to be retained for at least 5 years after the cardholder pays off the debt before they can be deleted by the system, as long as enough good records are accumulated, new records will gradually cover the old bad records. When the personal credit rating gradually improves, the bank may unfreeze the card and resume use (it is recommended that customers take 3 to 6 months to establish credit).