Credit card write-off is a way for banks to deal with irrecoverable debts, which has been recorded as a bad personal credit report. After the write-off, the bank will continue to calculate compound interest and add additional liquidated damages and penalty interest. This is not a case of cancellation of the bill or suspension of interest.

The impact of non-repayment after write-off is very big. At least in the past few years, you will not be able to apply for any credit card. It is recommended to pay off the card as soon as possible and request cancellation.

Write-off is a bank behavior. The bank will use deposit reserves to repay the cardholder's debt, but it does not mean that the cardholder's debt will be offset. Therefore, after the credit card bad debt is written off, the amount owed will be The money will still be posted in the cardholder's account, and the cardholder will still have to fulfill its repayment obligations after write-off.