1. How much credit card debt will lead to prosecution?

1. When the cardholder’s credit card is overdue, the debt is usually more than 5,000 yuan, and it is overdue. The bank will not sue until more than three months have passed. In fact, for banks, it is a waste of manpower and material resources to sue a large number of overdue cases one by one. Therefore, in the early stage, staff usually make phone calls and text messages to collect collections. If no results are obtained, outsourced personnel will come to collect collections.

2. When a credit card fails to repay the minimum payment for three consecutive months, and the principal and interest exceeds 50,000, the cardholder who is overdue for three months will have to receive a court summons, because there is a clear According to regulations, this kind of "malicious overdraft" behavior requires criminal liability.

2. What to do if your credit card is overdue and you are sued by the bank

1. If you have been summoned by the court, don’t panic. First, calculate how much you need to repay with interest. The essence of the bank’s lawsuit is still To recover the arrears, as long as everyone pays back the money in time, the lawsuit will be withdrawn. When contacting the bank to withdraw the lawsuit, everyone should be tactful and show a positive willingness and ability to repay, and the matter will be resolved.

2. If the debtor is temporarily unable to repay the debt, you can ask the bank to jointly develop an applicable personalized repayment plan. As long as the money can be repaid in this cycle, In the end it wasn't much of a problem. When you still can't pay, it's best to contact your family or friends. Don't fall into an endless abyss by trying to make up for the west.

3. How long does it take to restore credit reporting after a credit card is overdue?

1. When the debtor has been included in the credit reporting system by the bank due to overdue repayment, the bad record will be terminated from the bad behavior (pay off arrears) shall be kept for five years. Note that if you delay paying off the debt, not to mention that the bad record will not be eliminated in a few years, it will only be a matter of time before all the credit cards under your name are frozen and you cannot apply for a mortgage or car loan.

2. After the debtor has paid off the principal and interest, if he continues to use this credit card and maintains a good credit record, then the new record after two years will cover the previous overdue stain and achieve recovery. The result of the letter. This is the bank's rolling mechanism, provided that there are no more overdue behaviors in the middle and in the future.

In special circumstances, you can click the consultation button on the right. The website provides professional lawyers to answer questions and help you solve your repayment problems so that you can return to your normal life.