Today, the SMS reminded me that I had violated the Minsheng credit card collection contract and asked me to pay back the money before 5 pm. What will happen if I don't?

There will be not only late fees, but also personal bad credit records, and credit cards and bank loans cannot be processed within 5 years. If it is overdue for more than three months or the bank has failed to repay the money twice, you are a customer banned from the bank; Then, if you are suspected of credit card fraud and malicious overdraft, the bank will sue you and apply for court enforcement. If you refuse to pay back the money after the prosecution, the court will sentence you according to law!

According to Article 54 [Crime of Credit Card Fraud (Article 196 of the Criminal Law)] of the Standards for Filing and Prosecuting Criminal Cases under the Jurisdiction of Public Security Organs, anyone suspected of one of the following circumstances shall be put on file for prosecution: (1) using forged credit cards, or using forged identity documents to defraud credit cards, or using invalid credit cards, or fraudulently using other people's credit cards for fraudulent activities, with the amount of more than 5,000 yuan; (2) Malicious overdraft, the amount of which is more than 1 10,000 yuan. Malicious overdraft, the amount of which is more than 1 10,000 yuan but less than110,000 yuan, has been fully repaid before the public security organ files a case. If the circumstances are obviously minor, criminal responsibility may not be investigated according to law. So, your behavior is suspected of credit card fraud. If it constitutes credit card fraud, according to the regulations, you should be sentenced within five to six years.

Malicious overdraft 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. You belong to the fourth situation.