What should the bank do?

What will banks do with overdue credit cards? It depends on the amount you owe. 20 18 12 1 "Lianggao" gives a new explanation to the crime of malicious overdraft credit card fraud, changing the original minimum sentencing standard 1000 yuan to 50,000 yuan. In other words, those who owe less than 50,000 yuan on credit cards will not be imprisoned for malicious overdraft credit card fraud, but those who owe more than 50,000 yuan on credit cards may be imprisoned.

1, within three months after the deadline.

Credit card overdue within 3 months. This is the bank's own collection stage. Bank staff will call for collection, and some will come to collect. The collection at this stage is relatively civilized and legal, and the biggest threat is to blacklist you or sue you. At this time, the bank will also contact your immediate family to see if you can help return it.

2, three months to six months

At this stage, some banks will outsource the collection work to a third-party company for collection. The collection of these companies will be more violent. Although it will not directly cause personal injury, text messages, phone bombings and even address books are common.

3. More than six months (the application amount is more than 50,000 yuan)

For the arrears of more than 50,000 yuan, if there is no result in the previous collection, then the bank will generally take the channel of court prosecution. Taking this channel will have the following effects on you: (1) is included in the list of untrustworthy people; (2) If it is not repaid within the specified time, the assets under its name shall be enforced; (3) As for the length of imprisonment, it depends on the amount you owe. If the amount is large enough, the maximum sentence can be life imprisonment.

PS: The two prerequisites for malicious overdraft in Interpretation of Several Issues Concerning the Specific Application of Laws in Handling Criminal Cases of Impairment of Credit Card Management are as follows: first, the issuing bank makes two collections; Second, it is not returned for more than three months.

4. More than one year

For credit cards overdue for more than one year (including more than 50,000 yuan involved in litigation, but no assets to execute), in this case, the bank basically acquiesced in this bad debt. At this time, there are two disposal methods: (1) batch transfer: non-performing assets are packaged and transferred to asset management companies (this is illegal, and the state stipulates that individual loans are not allowed to be transferred in batches, only enterprises can), but in reality many banks do this privately; (2) Write-off: Write off this bad debt to offset the bank's current profits. However, the write-off is only an accounting account, which does not mean that your debt relationship with the bank is over, and the bank still reserves the right of recourse. If you learn later that you have assets, the bank will continue to recover them from you.

What should I do after the deadline?

The overdue amount of credit cards is generally not too large, and most of them are within 200,000 yuan. For non-performing loans, banks also expect to recover them. So as long as you are willing to cooperate with the bank, many problems can be solved. The most taboo is not answering the phone or returning text messages, so it disappears.

For overdue arrears, first, you can negotiate with the bank to stop interest (this can basically be achieved); If the amount is too large and far exceeds the repayment ability, you can also apply for partial interest reduction (each branch has a certain interest-free quota every year, but this will be relatively difficult). The rest of the arrears will be repaid in installments, not one year or three years, nor three years or five years. I think if you want to work hard, it should be possible to pay off most of the arrears within 200 thousand in five years.

abstract

Credit cards with less than 50,000 yuan are overdue, and the biggest impact is your personal credit information. Unless you don't deal with any financial institutions in your life, any future financing hopes will be dashed if you are overdue. The time limit of more than 50,000 yuan, in addition to the problem of credit reporting, may also be imprisoned. Therefore, for overdue, everyone should try to cooperate with the bank to solve it.