CITIC Credit Card was stopped by SMS.

This is because you are overdue and have not paid back the money, so the bank has restricted your card.

If the repayment is overdue, the following situations will occur:

(1) 60 days overdue is counted as personal credit;

(2) Overdue for 90 days is counted as bad personal credit information;

(3) If it is overdue for more than 90 days, the bank will no longer collect the arrears and will bring a lawsuit to the court;

(4) After the award, the collateral is enforced to pay off the debts agreed in the contract;

⑤ The lender shall bear all the litigation costs.

Consequences of overdue bank cards and credit cards:

1. Credit card late payment fee: The so-called credit card late payment fee refers to the fee that the cardholder should pay to the issuing bank according to the regulations when the repayment date is not due or the repayment amount is lower than the minimum repayment amount.

2. Overdue interest: After users overdraw with credit cards, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder's repayment is overdue, all the expenses of the cardholder last month will no longer enjoy the interest-free treatment of the bank, and the circulating daily interest rate is as high as five ten thousandths, that is, the annual interest rate reaches 18%.

3. Bad credit records: The overdue repayment records of credit cards will enter the central bank's credit information system to generate bad credit records. China's personal credit information records have been networked nationwide. As long as individual residents have handled loan business in banks, applied for credit cards, or provided guarantees for others, credit reports can be found in any domestic commercial bank.

4. Criminal liability for malicious overdraft: if the overdue amount is large, the bank will directly sue the cardholder for the crime of credit card fraud and malicious overdraft, which will be enforced by the court. Refusing to pay back the money after prosecution will bear civil or criminal responsibility.

The overdue credit card is most obvious in the personal credit report. Once the overdue bad records are displayed, as long as it involves the business of credit investigation, it cannot be handled. The credit card is overdue for three consecutive times or six times in total, which is a serious overdue. If it is overdue for more than 90 days, it is also serious. If you apply for credit card, mortgage, car loan, etc. You will basically be rejected. However, if the overdue time is not long and a good repayment record is maintained after handling the arrears, then the credit investigation can also be mentioned, which will not have much impact on the application for loans and credit cards.

The most serious thing is to refuse to repay for a long time and refuse to negotiate. Then you will be blacklisted first, and if you still fail to perform after the expiration, you will be restricted from traveling and cannot take public transportation. In serious cases, they will be prosecuted, enforced or detained. In short, the longer the overdue period, the greater the impact. Personal credit report will have more and more influence on life, so it is suggested to take remedial measures as soon as possible to reduce the influence on credit report.