1. What are the consequences of being sued for credit card arrears?

1, bear a high penalty interest.

2. Enforcement, seizure and freezing of property.

3. Leave a bad credit record and be included in the list of untrustworthy people.

4. If the credit card is sued, the cardholder may bear corresponding civil or criminal responsibilities.

If it is a civil lawsuit, the cardholder shall bear the civil repayment responsibility. Those who refuse to execute the judgment of the court may also be suspected of refusing to execute the judgment or ruling and bear criminal responsibility. If it is a criminal lawsuit, the cardholder should bear criminal responsibility. Cardholders should actively repay the arrears to the bank. If they can repay all the debts, they can ask the bank to withdraw the lawsuit.

Second, will the credit card be prosecuted if it is overdue?

Overdue credit cards will be prosecuted. If the credit card is overdue, it will be sued by the bank for civil repayment. However, if the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it for more than three months after twice collection by the issuing bank, and the amount is more than 10,000 yuan, it will be deemed as malicious overdraft and will be investigated for criminal responsibility. If the overdraft amount is small, or if it can actively repay the arrears, criminal responsibility may not be investigated.

Legal basis: Article 6 of the Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Impairment of Credit Card Management.

If the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it for more than three months after being effectively collected by the issuing bank twice, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.

The purpose of illegal possession should be judged according to the cardholder's credit history, repayment ability and willingness, the application and overdraft of credit cards, the use of overdraft funds, the performance after overdraft, and the reasons for not repaying according to regulations. It is not allowed to identify the purpose of illegal possession just because the cardholder fails to repay the loan according to the regulations.

3. How long will credit card arrears be prosecuted?

1. Generally, if the cardholder's credit card is overdue for more than three months, the issuing bank has the right to sue. But this does not mean that once the cardholder's credit card is overdue for more than three months, the issuing bank will immediately bring a lawsuit to the court.

In fact, in real life, banks will not sue easily. After all, the litigation process will consume a lot of material resources, manpower and financial resources, and banks mainly remind cardholders to repay as soon as possible by sending text messages and making phone calls. Unless the cardholder's overdue situation is very serious, such as the overdue time is too long (even three or six times), the amount owed is also very large, and the bank ignores the bank's repeated reminders during the overdue period, and the bank can't even contact anyone. Then in this case, the bank is likely to sue and let the cardholder repay through legal channels.

3. After the court decides, the cardholder must pay off the debt quickly. If the cardholder refuses to repay after the court's decision, the court is likely to include the cardholder in the list of untrustworthy people. At that time, daily life and travel will be affected

If you encounter credit card arrears, the cardholder must pay attention to it, instead of ignoring it if you have no money, otherwise the bank may take the form of prosecution, and it will be too late to regret it. Because once you sue, there may be some consequences you can't imagine, so in order to avoid similar situations, you must nip in the bud, repay in time or negotiate with the bank in advance.