In today's social and economic environment, the consequences of overdue repayment of credit cards have aroused widespread concern. In fact, overdue repayment is not only an illegal act, but also has a far-reaching impact on individuals. The following are the possible concrete consequences of overdue repayment:

First of all, overdue repayment is regarded as a serious violation, and the bank has the right to require the cardholder to repay the principal, as well as additional overdue interest, late fees and possible overrun fees. If the bank decides to take legal measures, the cardholder may face court proceedings, which will further increase the economic burden.

more seriously, overdue repayment will have a negative impact on personal credit records. Under the supervision system of the central bank, overdue records will be entered into the personal credit information system, which will greatly hinder future loan applications and travel convenience (such as mortgage, high-speed rail, plane, etc.). For example, if you want to buy a real estate, you may be refused a loan by the bank because of credit problems, and your travel will be restricted.

Therefore, overdue repayment of credit cards may not only lead to economic losses, but also have a long-term negative impact on personal life. Therefore, it is very important to know and deal with credit card repayment in time to avoid unnecessary troubles and losses. The consequences of overdue repayment are obvious, which will directly affect our credit evaluation and personal quality of life.