Many people have credit cards, but once they are not used properly, they may bring us a lot of troubles, such as the problem of excessive credit card consumption. Let's take a look at how to deal with excessive credit card consumption.

How to deal with excessive credit card consumption

1. Pay the minimum repayment amount

The minimum repayment amount is not large, and the repayment pressure is relatively small. Although the minimum repayment amount will generate interest, compared with overdue, the interest is insignificant. Therefore, when the credit card can't pay back the money after excessive consumption, you can consider paying back the minimum repayment amount.

2. Apply for installment

When you can't pay back your credit card, I believe many people know how to apply for installment of bills. However, you need to pay attention to many matters when applying for installment of bills. Here, Xiaobian wants to tell you that the number of applications for bill installment is limited, and most banks' credit cards can only apply for bill installment once a month.

3. Apply for a grace period for repayment

If you can't repay on time before the due repayment date, you can also apply for a grace period for repayment. Generally speaking, most banks have a grace period of three days for credit card repayment. Although there is not much time, it can also appropriately alleviate the repayment pressure.

What will happen to excessive credit card consumption

After all, many banks have exceeded the credit card limit, which is about 5% to 1% of the credit card limit. In other words, customers can brush 5% to 1% of the over-limit line after brushing all the credit card lines. Now, many banks are exempt from over-limit fees, so after using the over-limit amount, customers don't have to pay extra fees, as long as they repay them on time according to the amount on the bill.

however, if the credit card is always overdrawn, it will not be conducive to the amount of credit card withdrawal, and the repayment pressure of customers will be greater. If you can't repay on time, it will also cause overdue, which will damage your personal credit and affect your credit business in the future. Just like the kind that always draws a large sum of money, it may also be suspected of cashing out by the bank, causing the account to be controlled by the wind.