If there is an overdue repayment, it will affect future applications for credit cards or loans. Please refer to our bank’s audit results for details. If cardholders make any purchases, please repay them in full and on time. First of all, overdue repayment will result in a bad credit record, which will affect your personal credit and future credit business, such as loans; secondly, overdue repayment will generate interest and late fees; finally, long-term failure to return may violate criminal laws.
(The following information is for reference) Failure to repay credit card balances for a long time may violate criminal laws. Malicious overdraft refers to the cardholder's behavior of overdrafting beyond the prescribed limit or period for the purpose of illegal possession and refusing to return the card after being called by the card-issuing bank. The "Criminal Law of Malicious Overdraft" stipulates: Article 196 of the "Criminal Law of the People's Republic of China" commits credit card fraud and commits one of the following circumstances and the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan A fine of not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years. The person shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) Using a forged credit card or using a credit card fraudulently obtained with a false identity certificate; (2) Using it invalidly Credit card; (3) Pretending to use other people’s credit cards; (4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or time limit for the purpose of illegal possession and refusing to return the card after being called by the card-issuing bank. Anyone who steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.