Rational consumption is easier said than done. Just as credit card swiping, it seems that young people have entered the era of early consumption. As time goes by, credit card will not be available, so what will happen if credit card is overdue? Will credit card overdue still go to jail?
Consequence 1. Serious overdue will affect personal credit.
Now the country is gradually bringing personal credit into the market-oriented operation. In the future, people who may have bad personal credit may not be able to do anything.
Consequence 2. Blacklist.
It is understood that the overdue repayment of general credit card is no more than 3 times. You can apply for a credit card but the amount is very small. You can also make a loan, but the interest rate is very high. The overdue repayment of more than 6 times or the overdue repayment of one time will be listed in the blacklist of the personal credit system of the people's Bank of China (national networking). If you are listed in the blacklist, you can't do credit card and loan.
Consequence 3, constitute a crime.
According to the criminal law, malicious overdraft of more than 5000 yuan of credit card constitutes the crime of credit card fraud, and may be sentenced to fixed-term imprisonment of less than 3 years; malicious overdraft of between 50000 yuan and 200000 yuan is a huge amount, and may be sentenced to fixed-term imprisonment of 5 to 10 years; the amount of more than 200000 yuan is particularly huge, and the term of imprisonment is more than 10 years.
Consequence 4. In the end, the high amount of debt can't afford to run away. The bank is not vegetarian. There are various ways for the bank to call for payment. As a result, it just overpaid the penalty interest and litigation fees.