1. Article 196 of the Criminal Law of People's Republic of China (PRC) stipulates that malicious overdraft is one of the crimes of credit card fraud. If the amount is large or the circumstances are serious, criminal responsibility will be investigated. Malicious overdraft refers to the behavior that an individual overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being collected by the issuing bank.

2. If the debt exceeds 10000, the bank collects it twice and fails to pay it back for three months, it is judged as "malicious overdraft" (credit card fraud) and shall be investigated for criminal responsibility.

3. The direct consequence of the overdue credit card is that it will leave a stain on the personal credit record (overdue record), and the loan business in financial institutions will be blocked later. It is recommended that you make normal repayment (full repayment, application for bill installment, minimum repayment amount).

Please ask credit card holders to cherish their personal credit, which is priceless and worth waiting for.