1. The party concerned needs to pay the interest during the overdue period. After the creditor wins the case in the court, if the debtor fails to perform the court judgment during the performance period, the creditor may apply to the court for enforcement;
2. Bad credit records may be generated, and property, vehicles, securities and deposits under the debtor's name shall be inquired according to law;
3. If the overdue time is too long, banks and other financial institutions may file a civil lawsuit for repayment.
Legal basis: Article 196 of the Criminal Law of People's Republic of China (PRC).
Under any of the following circumstances, it constitutes the crime of credit card fraud, and if the amount is relatively large, it 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 but 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 ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property:
(a) using a forged credit card, or using a credit card fraudulently obtained with a false identity certificate;
(2) Using an invalid credit card;
(3) Fraudulent use of another person's credit card;
(4) malicious overdraft.
The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.
Whoever steals a credit card and uses it shall be convicted and punished in accordance with the provisions of Article 264 of this Law.
What methods can be used to eliminate overdue credit card records?
1, keep using this card. If you want to eliminate the overdue record of credit card, you need to continue to use this card and overwrite the original negative record with the new normal repayment record. Generally, a new personal credit record will be generated after 24 months, and the personal credit loan will not be affected after the record is refreshed;
2. Don't be overdue for a long time. If it is overdue for a long time, the credit card will generate interest and there will be a high late fee. If it is overdue for a long time, the bank will think it is a malicious overdraft and will call the police;
3, unable to repay, should be submitted. When the credit card holder is unable to repay the credit card due to uncontrollable reasons, he should state his financial situation to the bank, declare that he has no malice, and apply for deferred repayment and interest concessions;
4. It is recommended to repay the credit card in full after it is overdue.