1. How long does it usually take to go to jail if you owe a credit card of 654.38+0.5 million?
1, credit card debt 1.5 million may constitute the crime of credit card fraud, and it is generally punished with fixed-term imprisonment of not more than five years or criminal detention, and a fine of 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.
2. Credit card arrears should be communicated with the bank in time and paid off within the grace period. It has not been returned after two effective reminders from the bank, and it is suspected of credit card fraud. Credit card arrears, regardless of the amount owed, may be subject to civil litigation. If the overdraft amount reaches more than 654.38+00000 yuan, and the card issuer fails to return it for more than 3 months, it constitutes the crime of credit card fraud and will be investigated for criminal responsibility.
Second, what should I do if I can't afford the credit card?
1. Select installment repayment. When the amount is too much, installment repayment can alleviate the short-term pressure and will not cause excessive interest.
2. Deferred repayment. When applying for deferred repayment at a bank outlet and determining the repayment date, there will be corresponding deferred repayment time.
3. Negotiate repayment with the bank. Credit cards can't be repaid, and overdue is very troublesome. It can be judged as intentional overdraft after being reminded twice in three months by the bank, so consult the bank before it is overdue.
Third, what are the consequences of owing a credit card?
1, high interest and late fees
If the cardholder fails to repay the credit card, he will no longer enjoy the interest-free period of the credit card, and will charge 0.5% interest every day from the date of consumption, and compound interest will be calculated monthly. If you owe tens of thousands of yuan in less than a few days, you will generate thousands of yuan of interest, and the longer the time, the higher the interest. If the credit card fails to repay in time after the interest-free period, the bank will charge the credit card holder a late fee, accounting for 5% of the unpaid minimum repayment amount. After a certain period of time, the bank will charge the cardholder a higher penalty interest.
2. The credit card has been stopped.
If the credit card is not repaid, the bank will withdraw the revolving credit given to the cardholder and the credit card will be deactivated. For those who owe money for many times or for a long time, the bank will think that the cardholder's repayment risk is high, and will stop using the credit card and recover the arrears from the cardholder. If the bank still can't repay the credit card debt, the bank can apply for auctioning other fixed assets of the cardholder.