1. Bad repayment records will be recorded in the personal credit information system, which will affect your handling of other businesses in the bank in the future, such as loans and mortgages.
2. Breach of contract will always generate interest and late fees. If the bank thinks that you are in bad faith, it will sue in the name of credit card fraud, which is an economic crime.
According to the relevant provisions of the Criminal Law and the Interpretation of Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impacting Credit Card Management, it can be known that if the cardholder fails to return it for more than three months for the purpose of illegal possession, and the amount owed exceeds 65,438+100000, the bank will freeze your card and list you as a prohibited customer (blacklist). At the same time, you will be investigated for criminal responsibility for credit card fraud and malicious overdraft through public security organs. According to Article 1 of the Criminal Law,
In addition, the Interpretation on Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management lists six malicious overdraft situations in combination with judicial practice:
1, knowing that there is no repayment ability, it overdraws a lot and cannot be returned;
2, squandering overdraft funds, unable to return;
3. Escape after overdraft, change contact information, and avoid bank collection;
4. Withdrawing or transferring funds, concealing property or evading repayment;
5, the use of overdraft funds for illegal and criminal activities;
6, other illegal possession of funds, refused to return the behavior.
Extended data:
What do banks usually do when their credit cards are overdue?
1, SMS collection, mainly aimed at the cardholder's early overdue repayment behavior, usually 7 to 15 days overdue, and SMS mainly plays a reminder function.
2. Telephone collection, mainly for overdue behaviors that are more than 30 days and more than one billing cycle, to remind repayment by telephone.
3. Home collection, mainly for overdue for more than 90 days. The bank will arrange for the collection staff to call the cardholder's residence or work address for repayment.
4. Court prosecution, mainly overdue for more than half a year, the bank will apply to the court to sue the cardholder for repayment.
5. Outsourcing collection, mainly for overdue payment of 1 year or more. The bank will package the overdue funds and discount them to the outsourcing collection company to be responsible for overdue collection.
References:
Credit card overdue repayment-Baidu Encyclopedia