1. What should I do if my credit card is in arrears but I go to jail?
You can ask your family to pay t
1. What should I do if my credit card is in arrears but I go to jail?
You can ask your family to pay the loan for you. If the cardholder fails to repay the credit card in full after the due repayment date and does not choose the minimum repayment amount, the following consequences may occur:
1. Consumers no longer enjoy interest-free repayment of their money.
The issuing bank shall calculate the daily interest with the consumption amount as the principal from the date of consumption, with the daily interest rate of 0.5 ‰ and compound interest on a monthly basis; For the unpaid part of the minimum repayment amount, a late fee of 5% will be charged every month.
2. Receive dunning calls and letters from the issuing bank.
Because of ignorance and blind arrogance, some people not only don't pay back the money, but also "run away" by changing their addresses and mobile phone contact information, so that banks can't contact themselves, thinking that they can't help. In fact, this practice is very wrong and absolutely unacceptable. When handling a credit card, the real name information has been recorded by the bank. Once the bank "runs away", the bank will identify malicious overdrafts and arrears and will call the police.
3. Affect personal credit records.
If the credit card account is frozen by the issuing bank, the debt record may be fed back to the personal credit information system of the People's Bank of China, which will affect the cardholder's personal credit record and make it impossible for the cardholder to apply for a housing mortgage loan normally.
Second, what if the credit card still can't be done?
There are the following treatment methods:
1. Minimum repayment amount: At present, banks generally have a minimum repayment amount. As long as the minimum repayment amount is paid before the deadline of the final repayment date, it has no impact on individuals, but it will charge five ten thousandths of interest every day;
2. Repayment by installment: You can apply for repayment by installment before the deadline of the final repayment date, and the installment fee will increase with the increase of the number of installments according to your repayment ability;
3. Change the billing date: the repayment date is extended by changing the billing date, but the billing date cannot be changed at any time, and each bank has different restrictions on the number of times to change the billing date. Some banks change the billing date twice a year, and some change it 1 time a year;
4. Negotiate with the bank: explain the situation with the bank, negotiate with it, and prove that you didn't intentionally fail to pay it back, and there is no reasonable reason for the time being.
The credit card must be repaid within a time limit after use, otherwise the consequences will be serious. If you can't repay your credit card, you can negotiate with the bank. If you can't repay your credit card because you are in prison, your family can repay it on your behalf, or you can negotiate with the bank to apply for suspension of payment.