1. What are the most serious consequences of not paying back your credit card overdue?

1. Being on the blacklist

The most serious consequences after an overdue credit card is overdue The serious consequence is being blacklisted. The so-called blacklist refers to dishonest persons subject to execution, which will have an impact on their lives and is more serious than a simple overdue record. After being included in the blacklist, high consumption and travel will be restricted. In short, the impact is in all aspects.

2. High interest rates

Another serious consequence of overdue credit cards is high interest rates. As we all know, our normal use of credit cards does not accrue interest. However, if it is overdue, the bank will calculate interest based on the overdue amount. The longer the overdue period, the more interest you need to pay to the bank.

3. Imprisonment

This is also one of the most serious consequences of an overdue credit card. Imprisonment generally involves criminal cases. If the credit card is overdue for more than 90 days and the amount exceeds 50,000, the bank will prosecute the credit card holder. Once a cardholder is convicted of credit card fraud, he or she will be sentenced and fined in accordance with Article 196 of the Criminal Law and relevant provisions.

2. Will overdue credit cards cause trouble to family members?

1. Overdue credit cards generally will not affect family members, because credit cards are personal debts and will not be involved by general banks. family members. However, if the overdue credit card amount is used for household expenses, both spouses are responsible for paying it back.

2. If the credit card is seriously overdue, the bank has met the conditions for prosecution. If you refuse to repay the loan after the court makes a judgment, your family members will be affected if they are included in the list of dishonest persons subject to execution by the court. For example, children cannot attend high-cost private schools.

3. Will the bank card be frozen if the credit card is overdue?

1. Whether the overdue credit card will be frozen depends on the specific circumstances of the overdue card. Generally speaking, banks will not freeze other bank cards in the name of the cardholder if the overdue payment is not serious. We just need to pay off overdue debts promptly.

2. However, if the credit card is seriously overdue and the bank fails to repay after repeated collections, the bank may take the cardholder to court. After the court refuses to repay, the bank will freeze the credit card in the name of the cardholder. Bank cards and assets until the cardholder pays off the balance.

If there are any unclear or new situations, we recommend that you call us directly for free consultation so that you can understand the communication case situation and provide you with detailed and targeted answers to avoid problems due to incomplete information and poor communication. , the answer is wrong. I wish you success in safeguarding your rights.