Overdue credit card repayments will incur late payment fees and will be recorded in the central bank's credit reporting system, and may also encounter bank collection.

1. First of all, if the credit card is overdue, there will be a late payment fee of 5% for the minimum repayment amount, and penalty interest on the full amount of the bill. Generally, banks calculate it at 50,000 per day, and the interest is calculated on a monthly compound interest basis.

2. Overdue items will not be included in the central bank’s credit reporting system. Overdue records will be included in the personal credit report. Bad records will be retained for 5 years. Overdue amounts are large and overdue for more than 3 consecutive months. More than 1 month will affect future home loan, car loan and credit card applications, and future credit life will be affected.

3. If a credit card is not repaid overdue, the bank will call for collection. If the credit card is not paid for more than two times, it will be handed over directly to the collection company. If you still insist on not paying back, the bank will freeze the credit card and blacklist the cardholder. They will demand payment until the debt is paid off, and the bank will automatically cancel the card.

4. If the overdue amount is relatively large, the bank will directly sue the cardholder for credit card fraud and malicious overdraft, and the court will enforce it. Failure to repay after prosecution will result in civil or criminal liability. According to Article 196 of the Criminal Law of the People's Republic of China and relevant judicial interpretations, if a credit card holder illegally possesses for the purpose of illegal possession, the amount is more than 5,000 yuan, which constitutes the crime of credit card fraud, and will be punished in accordance with the Criminal Law. implement.