No, because the write-off of bad debts must follow the principles of strict identification conditions, providing conclusive evidence, serious accountability, door-to-door reporting, examination and approval, confidentiality and accounting. In addition, the credit card has been overdue for almost five years and has not been returned. It may face a lawsuit from the bank. If it is overdue, it will generate interest and affect credit information. In serious cases, it will be prosecuted by the court and imprisoned.

Consequences of overdue credit card:

1. The liquidated damages are generally the minimum repayment amount, accounting for 5% of the unpaid part.

2, the interest is high, and it is rolling interest. When there are many debts, the interest is scary.

3. Overdue will tarnish the credit record, making it impossible to handle financial needs such as buying a house and lending in the next two years.

4. The overdue payment is more than 3 months, and the amount exceeds 1 0,000 yuan, and the bank has repeatedly failed to make reminders. At that time, we will not only pay back the money, but also bear criminal responsibility.

Extended data

Treatment of bad debts

1, two special cases:

(1) Bad debts due to * * bank credit card 8999, repayment of 9,000 yuan and other "overpayment and overpayment" will also occur if one yuan is not withdrawn for a long time. How to deal with it, withdraw overpayment and cancel the account.

(2) The bad debts caused by the "annual card fee" are relatively simple to handle, and the account can be cancelled after the arrears are paid off. In both cases, banks will generally take active measures to deal with bad debts.

2. General bad debt treatment:

Because bad debts are paid off in time (be careful not to pay a penny more) and the account must be closed, so the account must be closed. If you don't close your account? Bad debts will follow your letter? , so this is different from the general credit card overdue processing method.

After the account is closed, some banks will update it quickly and even classify the account as an overdue account. However, some banks are so bad that they are still in bad debts even after their accounts are closed. The handling method has been negotiated many times, and there is really no way to handle the objection.

3. There is no additional penalty interest for the arrears, that is to say, if there is a bad debt of 1000, you only need to repay 1000, and no new penalty interest will be generated.

Resources Baidu Encyclopedia-Bad debts

Refer to Baidu Encyclopedia-overdue repayment