By Admin 
Credit Card Rules: Today, credit card has become not just a hobby but a necessity. Shopping, travel, online payment or emergency expenses. Now people are using credit cards everywhere. But how easy it is to use. Just as quickly it becomes careless. Many times, people are not able to pay bills on time due to reasons like loss of job, loss in business or medical emergency.
In such a situation, the biggest fear is that a police case may be filed or one may have to go to jail. Many people get nervous due to phone calls, messages and pressure from recovery agents. Many people feel that if someone does not pay the bill then the police can arrest him. Can this really happen? Know what the rules say.
Can one be arrested just for not paying the bill?
If you have not paid the credit card bill. So the police cannot arrest you just on this matter. This is a matter of debt. Which is considered a civil dispute in law. The bank or card company first sends you a reminder. Then calls and later contacts through recovery agent. If money is not received for a long time. So the bank can file a case in the civil court. Efforts are made to recover money from you through court process.
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However, if the investigation proves that you knowingly committed fraud by giving fake documents or had the intention of not making the payment from the beginning. Then the matter can become criminal. In such a case, a situation may arise leading to legal action and even arrest. That is, if there is no jail on default but if fraud has been committed, then the difficulty definitely increases in this situation.
What are the disadvantages of not paying bills?
You don’t get arrested for not paying your credit card bill. But there can be many disadvantages. The first impact of not paying credit card bill is on your credit score. Even a delay of one or two months can bring the score down considerably. This means that in future it will be difficult for you to get a home loan, car loan or personal loan.
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The second major disadvantage is heavy interest and late fees. The interest on the card is very high. Due to which small dues can become a big burden in a few months. The bank can block your card and send a recovery agent. If the matter reaches court, you may have to face legal notices, hearings and extra expenses.
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