What about the credit card arrears of people in prison?

When a person goes to prison, it means that he has violated the criminal law, lost his freedom, and lost his source of income. If his credit card is in arrears, he will definitely be unable to repay it.

in this case, banks, as creditors, have their own ways to deal with it.

in nature, banks belong to enterprises. Enterprises aim at profit. Credit card business is one of its profitable products to connect customers and expand business. Therefore, issuing credit cards is a commercial act as well as a civil act. Since it is a commercial activity, there must be risks. When customers can't repay, banks can only bear their own risks.

banks are very sensitive and strict in controlling risks. In order to cope with all kinds of risks, the bank has formulated various possible risk prevention and control solutions. For credit cards, banks know that it is impossible to guarantee absolute security. Therefore, when issuing credit cards, the loss ratio is preset, for example, the loss rate is controlled within 5% as far as possible. And set up a series of assessment indicators, which must be strictly implemented and controlled by the supervising bank.

in order to prevent losses, the first pass is to strictly close the investigation entrance. Anyone who has a credit card knows that when applying for a credit card, you need to provide a copy of your ID card and contact number. The identity card and telephone number are used to investigate the authenticity of the customer's domicile and residence. Then, the purpose of inquiring about the credit report is to see whether the customer's credit record is good. If there is a bad record, it is basically rejected. Only customers with good credit can get approval.

Credit cards have a credit line, and banks are eager to give more credit to customers, because the larger the credit line, the greater the customer's consumption line, and thus more income can be obtained. However, this credit limit is not as much as you want, but based on the customer's occupation, age and credit history, etc., comprehensive analysis and judgment are made to match the appropriate credit limit, and whether to increase the credit limit, reduce the credit limit or even freeze the credit limit is decided according to the variable factors such as the customer's consumption frequency and repayment situation during use. This is the risk control of the process.

In order to prevent and control the bad ratio and solve the quality problem of credit assets caused by the total loss of credit cards, the bank will also withdraw the bad debt reserve of principal and the provision for doubtful debts of interest on time according to the actual consumption limit of all credit cards. Assuming that the withdrawal is 1%, it means that the customer has a credit card balance of 1 million yuan, and the bank will withdraw 1, yuan from the reserve. When a customer's credit card can't be recovered within the specified maximum time, after investigation, it is confirmed that it has been completely lost, such as the customer's accidental death, disappearance, serving a sentence or encountering major diseases and natural disasters, and it can't be recovered, the bank will use the withdrawn reserve to write it off (write off).

Of course, the conditions for write-off are also very high, and relevant evidence that meets the conditions for write-off must be collected and provided. For example, to serve a sentence, you must have a judgment, and you must have a death certificate when you die. The procedures are quite complicated.

This is the final solution of the credit card of the person in prison. Although it may be written off, I won't ask you to collect it for the time being, but the account is kept. If the sentence is short and there are assets, I can still continue to pursue it after I get out of prison. However, at that time, you can negotiate with the bank and apply for interest reduction.

first of all, owing money by credit card is a civil matter, not a criminal matter. Everyone should know this. It's against the law to blend in with social debt collection companies or the police to embarrass them. As long as you don't owe money subjectively, don't play disappearing, don't play missing and other behaviors.

The bank's act of advising you to apply for a credit card is a commercial act, a civil act, a game to maximize local interests, a game to encourage people's greed and enlarge people's overdraft consumption. If the debt is normal, who is willing to lose the levy? Therefore, in the current economic downturn, banks should not be too aggressive.

People in prison have committed a crime, so they can only step back in civil affairs and return it slowly when they come out after reform. And the bank interest problem can be discussed with the bank after you come out.

be mindful and take the right path. Will be on the road.

the purpose of credit card funds should be clarified, and the rules of credit card use should also be clarified, so as to maximize the utilization rate of funds under reasonable rules.

1. The funds in the credit card can be overdrawn in advance. If it is a business turnover, you can use it flexibly, but don't be lucky. If you don't return it after use, you will violate the criminal law and pay jail time. In any case, the result is not worth it.

2. To use credit card funds, the amount must be acceptable, and the number of credit cards can meet the requirements of turnover. Generally, 5-8 credit cards are recommended. Learn to raise cards, and the amount can basically be 5,-1,. Let banks make money, and their turnover and repayment pressure is not great. It is recommended to divide them into 9 installments, so that they can have hundreds of thousands of capital utilization rates, and it is ok to do a general business. If you want to achieve wealth freedom, then.

3. Credit card points are also a profit chain. Different banks will launch points activities at different stages. Once Everbright Bank spent "8", it gave 1, more points. Many people think this is luck, but insiders think it is the result of operation. The premise is that there must be a certain number of cards, not only their own cards, but also friends' cards, as well as a large number of POS machines in different industries. If they are operated well, they will make a lot of profits.

4. The use of credit card funds is a double-edged sword. If you use it well, you can improve your ability to use it. If you don't use it well, you will have a lot of trouble. Don't just limit yourself to consumption, diversified development and use, and treat it with the viewpoint that you have to be valuable.

I hope that friends who have credit cards can use them reasonably, legally and legally, and don't let the use of credit cards become their own burden, but let them generate value for themselves.

How to deal with overdue credit cards when I am in prison

How to deal with overdue credit cards:

First, if the repayment time has passed, pay back as soon as possible to ensure that the arrears are made up;

contact the bank account manager to see if there is any overdue record, and whether it can be remedied in time. Because the average bank will have a gap of one or two days for customers whose repayment date exceeds one or two days, there will be no overdue records;

in case of overdue records, the card cannot be cancelled, otherwise the overdue records will not be eliminated. Therefore, we should pay back the arrears, continue to use credit cards, remember to repay in time, spend more, and repair the quota;

Make sure the mobile phone and telephone are in smooth contact, because before the credit card becomes overdue, it is possible that the bank account manager will remind you to pay back the money in time, so as to avoid overdue;

never stop paying back the money. Since then, the bank can't contact you. Because credit card arrears, interest and interest are terrible, even if you borrow 5 thousand, it is possible to repay 5 thousand after two years, and the bank will make it compulsory;

if overdue records are generated, make sure that no overdue records can be generated in the next five years. After five years, the overdue records will be cleared. At the same time, if you want to buy a house or other personal credit information, you can consider negotiating with the bank to show you a statement of non-malicious overdue records, which will also ensure that the bank will lend you money.

what should the family do if they can't repay the credit card debt because they are in prison?

ask your family to help with the repayment.

You don't have to do it yourself to repay the credit card. You can bind your own bank card when you repay. As long as there is enough money in the deduction, the credit card will automatically deduct money from the bank card as soon as the repayment date is reached. If the money is not enough, you can ask your family to deposit some money in your own bank card, or you can ask your family to transfer money directly to the credit card for repayment.

what should I do if my credit card is not paid when I am in prison?

if you are detained or imprisoned for a crime and your credit card cannot be repaid, you can entrust someone else to handle it. The debtor can't be exempted from the responsibility of credit card because his personal freedom is restricted because of suspected crime, and the bank has the right. It is recommended that the parties actively communicate with the bank or contact family and friends to handle it on their behalf, otherwise it may constitute a credit card.

The overdue repayment of credit card will be pursued by the bank, and it will be included in the list of untrustworthy persons. After being released from prison or released from custody, the bank demands compulsory execution, which will freeze the property of this person.

the consequences of overdue repayment of credit cards are serious, so overdraft consumption should be moderate. Although the biggest feature of credit card is its overdraft function, it actually constitutes a loan relationship between customers and banks. Failure to repay at maturity may not only cause law, but also bear high penalty interest. The most important thing is to form a bad credit record, which will adversely affect future work and life.

what should I do if my credit card is overdue due to imprisonment?

If the credit card is overdue due to imprisonment, it is necessary for the cardholder's relatives to negotiate with the bank to handle the personalized installment repayment agreement, or to handle the repayment suspension formalities with the arrest warrant and other relevant documents.

according to the relevant provisions of the measures for the supervision and administration of credit card business of commercial banks, under special circumstances, if the credit card debt exceeds the cardholder's repayment ability and the cardholder is willing to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The longest term of personalized installment repayment agreement shall not exceed 5 years.

What about credit cards when people are in jail?

When people are in jail, their credit cards will not be cancelled, but they will continue to function normally. However, if you borrow money, it will be more troublesome because the bank will pay you back the loan for a long time, so if you have a loan, you should explain the reasons to the bank. There are two ways to do this:

1. As a credit card holder, once you are unable to repay it on time due to unemployment, illness or other accidents, Before the final repayment period comes, it is best for the cardholder to contact the credit card center of the bank by phone, state his financial situation, declare that he is not maliciously in arrears, and apply for delayed repayment and interest concessions.

2. In view of the cardholder's active performance and previous good credit record, the bank will often agree to postpone the repayment, and negotiate with the cardholder a mutually acceptable repayment plan, delay period, interest discount, monthly repayment amount, etc. In this way, if you contact the bank actively and the bank agrees to postpone the repayment, you will not be recorded as a bad record, but it should be noted that you will be guaranteed to repay the loan as agreed in the future.

Let's stop talking about how to deal with credit card arrears when people are in jail.