I am unable to repay my credit card bill. Even if the bank sues me, it will not affect my family’s transfer of household registration.

If the credit card debt exceeds 10,000, the conditions for filing a criminal case will be met. When a bank files a civil lawsuit and requires the court to order repayment, the defendant should actively cooperate and repay as soon as possible or reach a mediation agreement with the bank to avoid leaving a bad credit record for itself. As for the transfer of household registration during the litigation, there is no legal restriction. Unless the defendant enters and exits the border or immigrate abroad, it will not be affected in any other way.

Extended information:

The first consequence: affecting personal credit reporting

Now is a credit society, and personal credit reporting is very important to a person. If there is a stain on your personal credit report, it is basically impossible to get a loan to buy a house or a car in the future. First of all, one thing needs to be made clear, that is, if you do not pay back the money you owe on your credit card, it will definitely have a serious impact on your credit report.

In the old version of the central bank’s credit report, bad records were kept for 5 years and good records were kept for 2 years. The new version of the credit report, the personal credit report shows the "5-year repayment record." And in the future, each person’s monthly repayment record and default situation will also be reflected in the report in detail. Therefore, everyone must not fail to pay back the money they owe, otherwise they will go into the central bank's credit reporting system, which will affect future loans to buy a house and a car. In serious cases, travel will be restricted and you will not be able to buy air tickets or train tickets.

The second consequence: if the circumstances are serious, it may constitute a crime

Here I will first explain to you a term, which is what is a malicious credit card overdraft. The so-called malicious overdraft refers to an overdraft that exceeds the prescribed limit for the purpose of illegal possession, and the bank has called you twice for repayment, but the money has not been returned to the bank for more than 3 months. Banks will use different collection methods according to different situations. Of course, banks are legal business institutions, so their collection methods must also be legal.

In order to give everyone enough time to repay, the bank will provide a repayment "time tolerance" service, and will also add repayment reminders every month. If it is an ordinary credit card that is overdue, it does not constitute a crime. However, if it constitutes a crime of credit card fraud, you will need to bear legal responsibility. If the case is serious, you may also face the risk of imprisonment.