Social security is social security service and insurance. Including work-related injury, unemployment, maternity, old-age care and illness insurance, is a national policy to prevent and share social risks such as old age, unemployment, illness and death, and to ensure that individuals can get social welfare help in the case of old age, unemployment, illness, maternity and work injury. Social security is a non-profit social security system, which has the function of income redistribution, and is a system in which most members of society are forced to participate in order to realize social security. Credit information system does not belong to social security, which belongs to people's livelihood security. Therefore, even if the credit card is overdue, you can buy social security with confidence.
However, non-repayment of credit cards will lead to overdue. For overdue repayment of credit cards, there is not only a late payment fee of 5% for the minimum unpaid part, but also a penalty interest for the full amount of the bill (the daily interest rate is 0.5 ‰, and the interest is recovered monthly until the principal and interest are paid off). There will also be bad credit records in the Credit Information Center of the People's Bank of China, which will seriously affect the application for credit cards and bank loans within five years. If the payment is overdue for more than three months or the bank makes more than two reminders, the bank will freeze the card, list the cardholder as a prohibited customer (blacklist), and will also sue the cardholder. If the bank loans overdue has not paid for the goods for more than three months, it will be very serious. If the loan bank collects the loan according to law, it will bring a lawsuit to the court according to the loan contract and guarantee contract (mortgage or pledge contract), and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and loan guarantor and sealing up the pledged property.
After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property. If the credit card is overdue, it will affect the individual's previous credit record and bring inconvenience to the individual's life and travel. After applying for a loan, it will not be approved. If it is overdue, it will be sued by the bank. If it is determined that malicious overdraft constitutes credit card fraud, it will be sentenced. If the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years, with a maximum of life imprisonment.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.