1. Will you go to jail for overdue credit card fraud?
It depends on the actual situation. Failure to repay a credit card overdue is generally a civil dispute and will not lead to jail time. However, if the party concerned maliciously overdrafts the credit card, failure to repay the credit card overdue may constitute a crime of credit card fraud and will result in jail time. Credit card fraud includes the use of forged or invalid credit cards, or the use of credit cards fraudulently obtained with false identity documents; fraudulent use of other people's credit cards to defraud property; and malicious overdrafts of credit cards.
Generally you will not go to jail if your credit card is overdue, but you will go to jail if you are suspected of credit card fraud. If the amount of fraud is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined or his property shall be confiscated; if the amount of fraud is relatively large, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined; If the crime is serious 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 shall also be fined.
2. Is it possible to negotiate if the credit card is overdue and is sued?
Yes, after the credit card is sued for being overdue, the cardholder can take the initiative to contact the bank’s customer service staff before the court accepts the case. Negotiate and resolve. When applying for negotiation, the cardholder needs to maintain a good attitude, indicate that he or she is willing to repay, and truthfully state the reasons for overdue repayment. It is not a malicious overdue repayment. At the same time, the cardholder can also provide some proof, such as a certificate of termination of the labor contract. wait. When applying for negotiation, cardholders can first consider which repayment method they can use to pay off their debts. Generally, they can apply for deferred repayment, minimum repayment, installment repayment, interest-free and pending debt, etc.
Regarding the cardholder's application for negotiation, the bank will generally make a decision at its discretion. The purpose of the bank's lawsuit is only to recover the arrears as soon as possible. Therefore, for this purpose, as long as the cardholder is willing to repay the loan, and the payment is If you have a strong willingness to repay, it is not impossible that the bank will not agree to withdraw the lawsuit and negotiate repayment. After the negotiation is successful, the cardholder must repay on time according to the agreed repayment method, and remember not to be overdue again.
If the court has accepted the case and made a judgment, the cardholder needs to pay back the amount owed within the time period of the judgment. If the cardholder refuses to repay, the court is likely to impose enforcement actions, directly freeze the assets in the cardholder's name, and deduct the money from it to repay the debt.
If your credit card is overdue, you may go to jail. Before the court accepts the case, the cardholder can actively negotiate with the bank for repayment. Credit card purchases can accumulate points, and cardholders can use the points to redeem gifts. Credit cards have powerful installment functions and do not require cardholders to pay the full amount before they can make purchases. Credit cards do not require guarantees or mortgages. They must be issued by a commercial bank and the overdraft limit must be clearly defined.