It is recommended to repay in time, otherwise it is suspected of credit card fraud.
Questions related to reporting credit card arrears are as follows:
1. Failure to repay the credit card after overdraft is a breach of contract, and the bank may require the cardholder to repay the principal, overdue interest, late payment fee, overrun fee, etc. If the bank sues the court and wins, the cardholder will also bear the litigation costs.
2. If the cardholder maliciously overdraws a certain amount for the purpose of illegal possession and fails to pay it back within the time limit, which constitutes the crime of credit card fraud, he shall also bear criminal responsibility. (overdue 10000 yuan or more, and it has not been returned for more than 3 months after being urged by the issuing bank twice, which is suspected of credit card fraud).
3. Overdue repayment will leave a bad credit record for the cardholder and affect the smooth progress of the cardholder's future loan.
Extended data:
Article 6? If the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it for more than 3 months after being twice collected by the issuing bank, it shall be deemed as "malicious overdraft" as stipulated in Article 196 of the Criminal Law.
In any of the following circumstances, it shall be deemed as "for the purpose of illegal possession" as stipulated in the second paragraph of Article 196th of the Criminal Law:
(a) knowing that there is no repayment ability and a large amount of overdraft can not be returned;
(two) squandering overdraft funds, unable to return;
(3) Escaping after overdraft, changing contact information and avoiding bank collection;
(4) evading or transferring funds, concealing property or evading repayment;
(five) the use of overdraft funds for illegal and criminal activities;
(six) other acts of illegal possession of funds and refusal to return them.
References:
The Supreme People's Court's Interpretation on Several Issues Concerning Handling Criminal Cases of Impairment of Credit Card Management