Once you spend a lot, it is common for credit cards to be overdue.
However, before the deadline comes, many people find it difficult to find the correct repayment method, and only choose the minimum repayment amount and installment repayment according to their actual situation. Of course, this is a helpless move, but in fact, using credit cards in this way will only make the arrears more and more, and finally lead to direct overdue.
After the deadline, repayment is even more troublesome. There is no minimum repayment or installment repayment to choose from to relieve the pressure. What you can do is to make up a little after you pay the completion capital. After a long time, money is no longer money, but the blade used in interest.
In other words, after the deadline, it is useless to pay back the money on a weak salary.
Because after the credit card is overdue, the bank will charge high liquidated damages and interest, which will further increase the debt problem for the debtor. The penalty is charged at 5% of the unpaid amount, and the interest is 5 1 day per day. Interest and liquidated damages are included in the principal of the following month. If you don't pay it back all the time, the debt problem will become more and more serious. If you don't pay it back in one year, the principal will double.
In the final analysis, many people are bound by interest and liquidated damages. If interest and liquidated damages are not increased, it won't take long, and it will be paid back more or less every month. I have never thought about how to prevent and recover this large amount of interest and liquidated damages, thinking that only one-time repayment will prevent it, but in fact this is a wrong thinking. In this case, as long as these conditions are met, you can choose not to talk to the bank.
The longest interest-free installment is 60 months and 5 years, and there will be no collection to disturb your life. You just need to repay the loan on time according to the agreed amount.
This is the debtor's gospel in any way, not to alleviate or postpone the problem, but to directly solve the debtor's most intuitive problem.
But before that, the most important thing is that you can correct your consumption concept, and don't blindly guide consumption and impulse consumption. Although we now support advanced consumption, claiming that it can bring better economic development, in fact, this concept of advanced consumption has been slowly deteriorating.
Advanced consumption seems to be a sharp weapon to meet people's material needs. Only by facing up to consumption in advance can we develop better.
After all, buying a car and buying a house now requires credit information. Children need credit information from their parents when they go to school, and they may also need credit information when they go to work in a strict institution. Therefore, credit reporting is a big problem. If it is not overdue, don't be overdue. After the deadline, you can choose to stop the installment as soon as possible, pay off the debt as soon as possible, and let your name disappear from the credit information as soon as possible.
This is the reason why everything should be done early. Recognize your own consumption level as soon as possible, choose what you can afford within your own consumption capacity, and reasonably lead consumption; If it is overdue, stop the interest increase as soon as possible. It not only frees me from the pain of collection, liquidated damages and soaring interest, but also makes my family live better, and my children can have unlimited choices like other children.
Every debtor is carrying a heavy load. No one's life is easier than anyone's, but there will always be someone whose life is easier than yours. That's because others have already set foot on the journey. I hope everyone can get rid of the abyss stop loss in time! # Credit card overdue #