Will you be prosecuted if your credit card is overdue for more than 10,000 yuan (will you be prosecuted if your credit card is overdue for more than 10,000 yuan, Zhihu)?

1. Yes, if the credit card is overdue for more than 10,000 yuan, you may be sued.

2. Detailed description:

-Banks or credit card companies usually take a series of collection measures to recover overdue payments, such as telephone collection, SMS reminder, lawyer's letter, etc. These measures are aimed at urging overdue personnel to pay off their debts as soon as possible.

-If the collection measures are ineffective, the bank can choose to sue the overdue person and recover the arrears through legal means. The result of the prosecution may be that the overdue person needs to bear additional penalty interest, late fees, attorney fees and other expenses, and may affect personal credit records.

Whether the overdue person will be prosecuted depends on various factors, including the amount owed, overdue time, personal credit history and banking policy. Generally speaking, the overdue amount is large and the overdue time is long, so banks may be more inclined to take legal measures.

3. Summary:

If the overdue repayment of credit card exceeds 1 10,000, it may lead to the risk that the bank will sue the overdue person. When banks recover overdue funds, they usually take collection measures first, but if the overdue person fails to fulfill the repayment obligation in time, banks can recover the arrears through legal means.

4. Extended information:

Overdue repayment will have a negative impact on personal credit records, which may lead to a decline in credit rating and limit future loan and credit card applications. In addition, the bank's prosecution of overdue personnel may also lead to court proceedings and may require additional fees.