1. Will you be arrested by the police station if your credit card is overdue?
No. If the credit card is not repaid for a long time, the bank will sue you. If the principal is overdrafted by more than 10,000 yuan, and the bank collects it and still fails to repay, you may be subject to criminal sanctions. After a credit card expires, the best way is to continue to use the card and cover the original negative record with a new normal repayment record. Generally, a new credit record will be generated after 24 months. After the record is refreshed, personal credit, etc. will not be affected.
If you are overdue for a long time, your credit card will accrue interest and there will be high late fees. Due to ignorance, some people not only refuse to repay the loan, but also "run away" by changing their address, mobile phone and other contact information so that the bank cannot contact them, thinking that the bank can't do anything to them. In fact, this approach is very wrong and absolutely undesirable. When applying for a credit card, the cardholder's real-name information has been recorded by the bank. Once the cardholder "runs away", the bank will identify malicious overdrafts and arrears and will call the police.
If you forget to repay due to negligence, you must repay the loan as soon as possible after it is overdue, preferably in full. Then call the bank's credit card center and state that the debt is not malicious. If the record has been good in the past and the overdue time is short, and it is found that the repayment is good after the overdue period, it may not be recorded as a bad record. Don't be careless in the future. Be sure to pay attention to the bank's bill notifications and collection information to avoid overdue payments.
2. Can a credit card be repaid in installments if it is overdue for two years?
After a credit card is overdue for two years, if the customer wants to repay it in installments, they can contact the customer service of the card-issuing bank to negotiate and propose an extension of repayment. Period, installment repayment application. If the bank agrees, the customer can negotiate a new repayment plan with the bank, and then repay the loan in installments on time according to the plan.
While applying for an extension, customers can also apply for a suspension of interest rates, but the bank will not easily agree. Therefore, customers must clearly explain their personal situation during the negotiation, indicating that they did not intentionally fail to repay the loan after the due date, but that they do not have the ability to repay, and provide corresponding information to support (such as unemployment certificate, labor contract termination certificate, etc.), and express their Show your willingness to actively repay.
If the customer is suspected of maliciously overdue, the bank will naturally reject the customer's application. Customers need to pay off their debts as soon as possible, otherwise the longer the overdue period is, the more penalty interest will be incurred and the more serious the damage to personal credit will be. If customers realize early that they cannot repay on time, they can actually apply for bill installment before the repayment date arrives to avoid overdue payments.
Overdue credit cards will not be caught by the police, but it will stain the cardholder's credit record. The overdue situation will be reported to the bank's credit system, and it will also reduce the cardholder's ability to apply for a loan. limit; if the cardholder refuses to repay, the court will take coercive measures to liquidate the cardholder's assets to repay the credit card debt, and will also freeze the property in the cardholder's name.