I am in jail because of my credit card. What should I do with my credit card while I am in jail?

Even if I am in jail, my credit card still needs to be returned as usual. Therefore, once I go to jail, I can entrust my credit card to my family. To return the credit card, the bank may also directly auction the overdue user's assets for the return of the credit card.

In short, no matter which method of repayment is used, the sooner the credit card is paid off, the better for yourself.

Every year in our country, there are some cases of overdue credit card repayments that lead to jail time. Therefore, this also means that the consequences of overdue credit card payments are not bluffing, but there are relevant legal provisions.

Generally speaking, if a credit card holder has overdue repayment while using the credit card, and the overdue amount exceeds 50,000 yuan, the overdue time is more than 3 months, and the bank has already imposed penalties on the user. Without effective collection, this constitutes the crime of credit card fraud. Once prosecuted by the bank and filed, the person will be sentenced according to the seriousness of the circumstances.

After some users were sentenced for using their credit cards, they don’t know what to do with their current credit card repayments. After all, even if they are imprisoned, their credit cards still need to be repaid as usual. Therefore, once they are imprisoned, what will happen to their credit cards? The main processing situations are as follows:

1. Family members help to return the credit cards: Users can entrust their family members to help them return their credit cards and make repayments as scheduled to avoid increasing their debts.

2. The court auctions the user's assets for repayment: Once the user's assets are seriously overdue and successfully sued, and he still fails to repay the debt as required, the court can directly auction the user's assets and repay the user's credit card.

No matter which method of credit card repayment is used, the cardholder must return the credit card after going to jail. Therefore, users must also make a corresponding repayment plan before going to jail to avoid The consequences are getting worse.