1. What to do when the credit card loan is overdue

1. Pay off the debt as soon as possible

Pay it back in time when you find it is overdue If you owe money, maintain a good repayment record in the next 24 months, and it is recommended to continue to use the card, swipe the card more often, repay on time, accumulate good credit, and use new good records to overwrite the previous bad records. If you have a bad credit record, don't blindly cancel your credit card, make sure you spend rationally, and repay your debt in full and on time. The bad credit record will be automatically eliminated after five years.

2. The consequences of overdue credit card loans

Overdue interest will be charged, overdue records will be recorded in the credit report, various collections will be made, and the bank will be blacklisted. You will be sued by the court to seize the mortgaged property.

Article 196 of the "Criminal Law" stipulates that anyone who commits credit card fraud under one of the following circumstances and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not less than 200,000 yuan. A fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is extremely huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to a fixed-term imprisonment of not less than five years but not more than ten years. Fixed-term imprisonment or life imprisonment, and a fine of not less than 50,000 yuan but not more than 500,000 yuan, or confiscation of property:

(1) Using a forged credit card, or using a credit card fraudulently obtained with false identification;

(2) Using an expired credit card;

(3) Pretending to use another person’s credit card;

(4) Malicious overdraft. To sum up, whoever maliciously overdrafts a credit card, uses an expired credit card, and commits a relatively large amount of fraud shall be sentenced to a fixed-term imprisonment of not more than five years. If the amount of fraud is particularly huge, he shall be sentenced to a fixed-term imprisonment of not less than ten years.

2. Consequences of overdue credit cards affecting loans

1. Only one or two overdue credit cards

This kind of bank will generally not refuse the loan, but it may Appropriately raising the loan interest rate is the first situation mentioned above. Home buyers can ask several banks, because if the housing loan interest rate of the cooperative bank for the real estate is preferential, you can enjoy preferential treatment when applying for a loan at some banks. Just choose the one with the lowest interest rate.

2. Three consecutive overdue credit cards or a total of 6 overdue credit cards within two years

Generally speaking, banks will refer to an individual’s overdue number of times in the past two years when approving a mortgage. If one spouse makes three consecutive late payments within two years, or a cumulative six consecutive late payments, they will not be able to obtain a loan. It should be pointed out that the meaning of three consecutive overdue repayments is that, for example, the repayment period of a fund is one month and it has not been repaid for three consecutive months; and a total of six times, for example, it is overdue once and it is repaid; it is overdue again, so Happened six times.

Overdue credit cards will reduce the credit of the cardholder, the loan will not be approved by the bank, and it will also lead to credit card fraud and sentence. Cardholders should pay off their credit card balances as soon as possible. Even if the cardholder cannot even pay the minimum payment, they should proactively negotiate with the bank to design a repayment method acceptable to both parties.