Excuse me, what will happen if the credit card becomes bad after it is overdue, or should I return it?

If the credit card goes bad after it is overdue, you still have to pay off the debt. Specifically, after overdue bad debts, the following situations will occur:

1. Credit record is damaged: after the deadline, the bank will submit your credit record to the credit information system of the People's Bank of China, which will affect your ability to apply for loans and handle credit business such as credit cards in the future.

2. Collection: The bank will take a series of collection measures, such as frequent text messages and telephone calls to remind you of repayment, and may entrust a third-party collection company for collection. In the process of collection, you may face the accumulation of overdue interest.

3. Legal litigation risk: If the repayment is not made for a long time, the bank has the right to take legal measures to recover the arrears. This may cause you not only to repay the principal and interest of the arrears, but also to bear additional litigation costs.

4. Credit card cancellation: The bank has the right to decide whether to cancel your credit card and fully disclose the information to other financial institutions so that other institutions can evaluate your credit risk.

To sum up, it is a bad credit record that credit cards become bad debts after they are overdue, which will have a serious impact on personal credit and financial activities. Therefore, it is still necessary to work hard and actively communicate with banks to avoid falling into a credit crisis.

Extended data:

According to the regulations of the People's Bank of China, credit cards overdue for more than 6 months will automatically become bad debts. Different banks may deal with overdue loans in different ways, but they usually take collection measures and have the right to take legal measures to recover the arrears. Therefore, for credit card repayment, it is recommended to try to avoid overdue. If you do encounter difficulties, you should contact the bank in time to seek reasonable repayment arrangements.

The above is the answer to what will happen if the credit card becomes bad after it is overdue and the repayment requirements. I hope it helps you!