Many fans sent me private messages. During the epidemic, I have multiple credit card debts, many of which are overdue, and are being collected every day. What should I do? Will it affect credit score?

Affected by the epidemic, many people are burdened with heavy burdens. Whether it is mortgage loans, car loans or credit card debts, these people are overwhelmed.

1. If there is no overdue repayment and there is a normal overdraft, repayment on time will not affect your later loans; and not only will it not affect your credit report, it will also have a positive impact on your personal credit report. The effect of promotion. If you repay overdue, it will affect later loans, and of course it will also have a certain impact on your credit score.

2. A high debt ratio of a credit card will not have any impact on the credit report. However, if the cardholder's debt ratio is high and the overdue rate increases, it will affect the credit report after overdue.

3. If you have credit card debt but do not repay it on time or in full, it will have a negative impact on your credit report, resulting in a bad personal credit record. When banks are approving, they will focus on the credit report of the past six months. Whether it is credit card bills or loan liabilities, the bank can clearly see it on the credit report.

1. Banks calculate all liabilities (including credit cards and loans)/(income*base). Credit card debt ratios are generally calculated based on the credit card’s used limit/available limit. Cardholders need to pay attention. Yes, the credit card debt ratio is real-time and the bank will check it when approving it. If it is high, it will affect the approval and limit increase.

2. Credit card debt ratio is a ratio value. Liabilities include credit cards and loans. Debt ratio = all liabilities (including credit cards and loans)/(income * base). A high debt ratio represents the user’s repayment ability. Weak, the higher the debt ratio, the better the user's repayment ability. When banks approve credit card or loan applications, they will check the credit card's debt ratio. If the debt ratio is too high, it will naturally be very difficult for individuals to apply for a credit card or loan.

We would like to remind all cardholders not to "use loans to support loans" when using credit cards. During this epidemic, there will definitely be many people in need who are looking for various online loans or credit cards.

When we face various credit card debts, don’t just focus on your own debts. Many times we lose many opportunities because we are too focused on our liabilities.

Try to be honest with your family. In the past few days, some fans have also asked me if I want to confess to my family. I think I should be honest with my family. Because at this time, when you bear it alone, you will be blinded, you will think irrationally, you will be extreme, and you will give up on yourself. At this time, our best choice is to inject interest-free funds. Your family can relieve you a lot by thinking of ways, and your psychology will not be so extreme.

If you are still burdened with various debts, you can adopt the methods introduced above. I hope it can help everyone!