The first is the economy, which will charge late fees and handling fees. Take the credit card of China Merchants Bank as an example. The monthly repayment is 1 0,000 yuan, 12 installments. The monthly bill shows that the total amount is 1 ,000 yuan, and the minimum repayment amount is 1 ,000 yuan. If a penny is not repaid, a late fee will be incurred first, which is 5% of the unpaid part of the minimum repayment amount. In this case, it is 5 yuan. Secondly, it will generate cyclic interest, which will probably generate interest of 1000 yuan. 5+ 17 22 yuan.

Secondly, in terms of credit, there will be 1 bad repayment records, which will be synchronized to the personal credit information inquiry system of the People's Bank of China. If there are more than two bad records in two consecutive years, the bank's credit behavior will be directly rejected. At the same time, if it is overdue for more than two months, China Merchants Bank can directly stop your credit card and ask you to pay off all the balance in one lump sum. As long as the card is stopped, it is a serious negative record, and you can't apply for any bank credit card or loan for at least 5 years.

Finally, legally speaking, if the overdue principal exceeds 5,000 yuan for more than three months and has not been repaid after at least two reminders from the bank, it is enough to define the crime of credit card fraud (the latest judicial interpretation of the Supreme Court is June+February 2009). Then wait for criminal prosecution ~