If the bank does not stop the interest, it is likely to identify this asset as a non-performing asset and sell it to a third party. If a third party contacts you later, you can continue to negotiate with the third party, but it is still recommended to communicate with the bank to prove that you are temporarily unable to repay the interest, but it is recommended to repay it in installments within a limited time. The following are the stages of overdue credit cards:

★ Stage 1: overdue 1 ~ 3 days. Overdue within 3 days will not be considered as intentional overdue, and most banks have time tolerance policies, which can provide certain time tolerance services for cardholders.

As long as the cardholder pays off the debt during the time-tolerant service, the bank will generally not report it to the central bank's credit information system, which has little impact on personal credit information; For the specific grace period, please consult the issuing bank for details.

★ The second stage: if it is overdue for about 30 days, the issuing bank will remind the cardholder to repay the loan by SMS or telephone, and at the same time collect interest fees such as liquidated damages arising from overdue;

If the cardholder can pay off the arrears in time, call the issuing bank in time to explain that he is not malicious, and try his best to negotiate with the bank, there is still a chance to eliminate the overdue records.

★ The third stage: if the cardholder is overdue for about 90 days due to the annual fee, he can continue to negotiate with the bank to eliminate the overdue record after paying off the arrears;

If the cardholder is unable to repay, it is recommended that the cardholder continue to repay on time, continue to use the card after paying off the debt, and maintain a good credit record. After 24 months, the previous bad credit records will be overwritten.

★ Stage 4: If the cardholder who is overdue for more than 90 days fails to negotiate with the bank or make repayment, the bank will think that the cardholder has malicious overdraft behavior and start to entrust a third-party collection agency to carry out compulsory collection on the cardholder;

It is suggested that the cardholder call the issuing bank to show that he is willing to repay, but his repayment ability is insufficient, and provide some proof to apply for personalized installment repayment, which can last for 60 installments for 5 years at the longest.

In short, try to repay the loan on schedule. If the capital turnover is really difficult, priority will be given to installment or minimum repayment.