Credit cards will have negative information such as overdue repayment recorded in personal credit report.
Negative information such as overdue repayment is not always recorded in personal credit report. At present, China's credit record has been maintained for five years. After paying off the credit card, anyone can start building a credit record again and start again.
If the principal in arrears reaches 1 10,000 yuan or more, and it is not returned for more than 3 months after being collected twice by the issuing bank, it will be considered as "malicious overdraft" in the criminal law, and it is suspected of credit card fraud, and it will be sentenced to fixed-term imprisonment of not more than 5 years or criminal detention according to law, and a fine of not less than 20,000 yuan but not more than 200,000 yuan.