1. What if the credit card is unable to repay?

1. If the credit card debt cannot be repaid, it is recommended that the customer negotiate with the bank in a friendly way, try to extend the repayment period, or try to apply for suspension of interest payment. If the repayment date is not yet reached, the customer can also handle the bill installment before the repayment date, or pay the minimum repayment amount of the bill first, which can reduce the repayment pressure and avoid overdue.

2. If you really have no money, you can try to borrow money from your relatives and friends to pay back your credit card, and then pay it back to your relatives and friends when you have money.

Second, what are the consequences of owing a credit card?

1, with a high penalty interest. After the credit card is overdue, not only the handling fee but also the interest will be charged. Interest is charged at 0.5% per day, and penalty is charged at 5% per month. The interest of the second month is included in the principal, so if the credit card debt is not paid off in time, it will only be more and more owed.

2. Affect credit reporting. If the repayment is made on time, the credit investigation will have a good repayment record. If the credit card is not repaid, the overdue repayment record will also be displayed in the credit report. Now, whether it is to go to the bank for loans or to the online lending platform for loans, lending institutions will check the borrower's credit information. Once there are many overdue records and the overdue time is long, it is difficult to apply for a loan.

What are the consequences of being sued for failing to repay a credit card?

When the cardholder's credit card debt is higher than 50 thousand yuan and there is malicious overdraft, the cardholder may go to jail. But if the above conditions are not met, there are only three results.

1. The court ruled that the cardholder can only borrow money everywhere to repay the arrears, otherwise the bank will freeze the credit card in the cardholder's name and auction other assets to repay the arrears.

2. The court ordered the cardholder to repay the arrears, but the cardholder still could not repay. At this time, the court will negotiate the repayment agreement between the bank and the cardholder association, how much to pay each month, how many installments to pay, and so on.

3. After the judgment of the court, if the cardholder is still unable to repay the loan and unwilling to negotiate with the bank, the court will include the cardholder in the list of untrustworthy people and restrict all high-consumption behaviors of the cardholder afterwards.

After the credit card is overdue, it needs to bear the repayment obligation according to the provisions of the contract between the two parties, and it will also face high penalty interest. Therefore, it is very important to solve the credit card dispute between the two parties as soon as possible, otherwise it will be very unfavorable for those who fail to repay the loan within the time limit. For example, according to the provisions of the civil code, you can negotiate with the other party to repay the loan in installments.