What Happens When You Don’t Pay Your Credit Card Debts and Run Away?

What Happens When You Don’t Pay Your Credit Card Debts and Run Away?

Last Updated : March 4, 2021, 4:03 p.m.

If you take a look at the stats then you’ll figure out that there are millions of credit cardholders in India who manage their cards efficiently. But on the other hand, there are some of them you just try to run away from the debt. They just don’t want to pay the credit card debt. Well, you can’t get rid of any bank’s debt unless and until you pay it. It is a fraudulent activity to take debt from a bank and run away. If such an act happens then the bank will follow all the recovery procedures and then it might attach your property for the recovery.

So, you must never run away from your credit card debt as it has many negative impacts. If you want to remove your debt burden then you will have to pay it anyhow. You must explore the various negative impacts of not paying your credit card debts.

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Impact of Running Away from Your Credit Card Debts

If you have left all your credit card debts and not paying them on the due date then you might have to face the following consequences.

Reduction in CIBIL Score

Whenever you take any type of debt, Cibil Score is the first thing that is checked by every bank. If you have a Cibil Score of less than 750 then you might not get a credit card or any kind of debt easily. The lender might reduce the limit of the debt or charge high interest. So, you must never run away from any debt and clear all the debts on time. You can’t get rid of any debt without paying it.

No Future Approvals

There is a common habit in the youngsters to use the full limit of their credit card and then throw that card away. As a result, you will not get any debt in the future until and unless you clear your past debts. So, you must not do any such activity with your debt. You must take a debt only if you are capable of paying it back. There is no way out to run away from your debt.

Harsh Recovery

The bank will give certain warnings about the repayment of the credit card debt. If you keep on ignoring these warnings then the banks will follow the harsh recovery method. Their representatives will approach you and if you are unapproachable then they will get in touch with your neighbours and relatives to find you. So, you can see that you can’t run away from credit card debts without paying them. The banks have the right to attach your property if you have no money left in your account.

High Interest

The interest on your debt will accumulate no matter whether you pay your debts or not. If you keep on skipping the payments then the interest will be accumulated as the bank will charge interest on interest and as a result, you will have to pay a high amount to the bank. In order to avoid interest overburden, you must not run away from your debts.


If the Borrower becomes insolvent and he is not able to clear the credit card debts then it can lead to imprisonment by the court of law. Firstly, the court offers a one-time settlement to the borrower and if he is unable to settle the amount then it can lead to imprisonment. Therefore, skipping the debts is not an option if you are overburdened with debts.

Right to be Sued

The bank has the right to sue the borrower if he is not paying the debts at all. You can’t rid of any debt without paying it. You will have to pay the debts to the lender and then only you can remove the burden from your head. Otherwise, the bank will take the necessary actions to recover their money and you will have to face the consequences.


Well, you can see what happens if you don’t pay your credit card debts and run away from them. There are certain techniques that you must follow to clear your debts otherwise you have to face some negative consequences. You must disappear the thought of getting rid of a credit card debt without paying it because it won’t happen unless and until you make payment of all your debts. After seeing the consequences you might start paying your credit card debts on time.

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