What should I do if I owe money on my credit card?

The solutions to credit card debt that has not been paid for many years are:

1. Borrow money from relatives and friends to temporarily make up for the loopholes. If it is just a temporary situation, you will soon have enough money. funds; then you can borrow some money from relatives and friends, and then return it to them when the funds are in place.

2. Apply for deferred repayment. When emergencies occur, such as illness, hospitalization, unemployment, etc., you can contact the bank’s customer service. Just tell customer service your true situation and then apply for a deferral of repayment.

3. Apply for interest-free installment repayment. When the situation is serious and repayment is relatively more difficult, you can contact the bank’s customer service. Provide relevant materials to apply for suspension of interest payments and repayment in installments.

4. Negotiate with the bank to reduce or reduce credit card debt. If negotiation fails, you can use judicial authorities to reduce or reduce credit card debt.

What to do if the credit card is not paid?

How to deal with the credit card to be paid. Credit card overdraft behavior is a debt relationship.

The specific handling methods are as follows:

1. If the credit card is not repaid, the cardholder should take the initiative to contact the card issuer, explain the current facts and reasons for the repayment, and strive to obtain the card issuance The grace period of the bank;

2. If the credit card cannot be repaid, if you have fixed assets, you can provide fixed assets as guarantee to try to re-formulate the repayment plan;

3. If the credit card is really not enough and the card issuer does not extend the processing, the cardholder cannot adopt a passive approach. They can find someone else to repay the balance and pay off the credit card debt first to avoid being sued by the card issuer.

The main features of credit cards:

1. Credit cards are one of the fastest growing financial services today. They are an electronic currency that can replace traditional cash flow within a certain range;

2. Credit cards have both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using credit cards;

3. Credit cards are high-tech products that integrate financial services and computer technology.

4. Credit cards can reduce the use of cash;

5. Credit cards can provide settlement services, facilitate shopping and consumption, and enhance a sense of security;

6. Credit cards It can simplify the collection procedures and save social labor;

7. Credit cards can promote product sales and meet social needs.

Credit card applications need to meet the following conditions:

1. First, citizens who are over 18 years old and have civil capacity are required.

2. It is required to have a stable income and provide proof of income, firstly to prove the ability to repay, and secondly to use it as a reference for setting the credit card limit. If you have successfully applied for a credit card, you can use the card to apply for a card, and the process will be much easier.

3. The personal credit report must be good and have no bad records.

4. Whether you can successfully apply for a credit card is also related to your occupation. For example, security, self-employed, farmers, etc. are more difficult to successfully apply for. However, the editor learned that some banks have launched "Benefit Cards" for farmers.

5. Generally speaking, a stable job is a necessary condition for successfully applying for a credit card. Of course, this is not absolute. For example, many universities now have card processing services specifically for college students. This is to apply for a credit card unconditionally. College students only need to bring their personal documents and student ID cards to the bank to apply for it.

6. Foreign and overseas personnel and active-duty military officers who receive the card in their own name should provide a temporary household registration issued by the local public security department or a certificate issued by the relevant department, and must provide a guarantee unit that meets the guarantee conditions or have a local household registration. , a guarantor working locally.

Main types

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.

What can you do if you really can’t afford to pay back your credit card?

1. Borrow money from relatives and friends to temporarily make up for the loopholes

If you only encounter a temporary situation, you will soon be able to repay it. There will be enough funds; then you can borrow some money from relatives and friends, and then return it to them when the funds are available.

2. Apply for deferred repayment

When emergencies occur, such as illness, hospitalization, unemployment, etc., you can contact the bank’s customer service. Just tell customer service your true situation and then apply for a deferral of repayment.

3. Apply for interest-free and installment repayment

When the situation is serious and repayment is relatively difficult, you can contact the bank customer service. Provide relevant materials to apply for suspension of interest payments and repayment in installments.

4. Negotiate with the bank to reduce or reduce credit card debt. If the negotiation fails, you can use judicial authorities to reduce or reduce credit card debt.

When a major change occurs in the life of a credit card holder, you can apply to the bank Negotiate to waive credit card debt. If the bank does not agree, you can obtain consent from the bank to waive credit card debt. You can apply to the judicial authorities in the following situations:

(1) Credit card holders have major changes in their lives or major events. Disability or death caused by disease

For example, if a major traffic accident occurs, resulting in permanent disability and inability to take care of oneself, the debt can be exempted. < /p>

(3) The credit card holder loses the ability to work and changes from a person with full capacity for civil conduct to a person without full capacity for civil conduct.

What to do if you are really unable to repay your credit card

The handling of credit card inability to repay is as follows:

1. Pay off the debt in time, proactively explain the situation to the bank, and maintain the account The status is normal;

2. Do not cancel the card because it is overdue. After it is overdue, you should continue to use the credit card normally, spend more, repay on time, and replace the overdue record with a new repayment record;

3. Don’t lose contact after the due date, and don’t let the bank think you have malicious overdrafts or arrears, otherwise you may be charged by the bank.

What are the consequences of overdue credit card payment?

The consequences of overdue credit card payment are as follows:

1. Overdue payment for more than 90 days, serious circumstances may be considered malicious If the collection is overdue, the bank's collection may also cause pressure on yourself and your family, affecting the normal life of individuals and families;

2. In terms of overdue fees, there will be some expenses such as liquidated damages, penalty interest, etc. The specific charges need to be charged according to the contract. Different institutions have different loan products, and the liquidated damages or penalty interest charged are different;

3. It will have an impact on personal credit records. A bad credit record will have a negative impact on the future. Mortgage, car loans and other loans, as well as the application of credit cards, have become obstacles.

Legal basis: Article 188 of the "People's Republic of China and Civil Code"

The statute of limitations for petitioning the people for protection of civil rights is three years. If the law provides otherwise, such provisions shall prevail.

The statute of limitations shall be calculated from the date when the obligee knows or should know that the right has been damaged and the obligor knows. If the law provides otherwise, such provisions shall prevail. However, if it has been more than twenty years since the date of damage to the rights, the people will not provide protection. If there are special circumstances, the people may decide to extend the time based on the application of the right holder.

Article 189

If the parties agree to perform the same debt in installments, the statute of limitations shall be calculated from the expiration date of the last installment.

What should I do if I can’t pay off my credit card?

Instalment payment. Applying for the maximum amount of installment payment can not only relieve the pressure of monthly repayment, but also not incur more interest. Choose the monthly minimum repayment function. The minimum repayment amount is generally 10% of the total bill. As long as you ensure that you repay the minimum repayment amount every month, it will not affect your personal credit and will not incur late payment fees. To apply for a deferment of repayment, go to the bank to apply for a deferment of repayment and state a clear repayment date, then you will have three days to defer repayment. Find someone to repay the credit card on your behalf, find some institutions or individuals that repay the credit card on your behalf, and you only need to pay the interest to the individual or institution that repays the credit card on your behalf every month for the time being.

If citizens are unable to repay credit cards and online loans, they can solve the problem by paying the minimum repayment amount, using the bill installment function, and actively negotiating with the bank to explain the situation. Then when using a credit card, you must pay attention to the repayment date and repayment date. If the party fails to fulfill its repayment obligations in a timely manner, it will not only result in a certain late payment fee, but will also affect its own credit record.

What to do if the credit card cannot be paid and how to solve it

If the credit card cannot be paid, the best solution is to negotiate with the bank for repayment. The contents of negotiated repayment can include deferred repayment, interest exemption, etc. After receiving the negotiation application, the bank will review it based on the user's specific situation. After the review is passed, the user can successfully negotiate. If the review fails, the user must pay off the overdue balance as soon as possible.

Only if the payment is overdue, the user can negotiate with the bank. Therefore, it is best for the user to repay the loan on time before it is overdue.

1. Various situations of overdue credit cards:

1. The credit card is overdue but has been repaid later

Many people will encounter this situation. In this case, it basically only affects the personal credit system. Your overdue status will be recorded in the credit reporting system.

If the overdue time is not long, it will basically not affect the use of the card.

2. If your credit card is overdue, negotiate repayment with the credit card center

When your credit card is overdue, you will usually receive a call from a collection officer to remind you to repay the credit card. At present, credit cards can be repaid in installments. If there is a problem, you can negotiate repayment with the credit card center. This situation is the same as the first one. It will affect your personal credit report, but it will not cause particularly serious consequences.

3. Credit card center, mediation or enforcement

Some people in life are unable to repay their credit cards because they are deeply in debt. At this point the bank will file a lawsuit by delivering a summons to the overdue user. During the course of the lawsuit, the bank may also apply for property preservation, freeze the borrower's bank account, and seize vehicles and other real estate.

4. Failure to repay the debt and the amount is huge

In this case, the bank may charge you with a crime and be sentenced according to Article 196 of the Criminal Law for credit card crimes.

2. The worst consequences of not paying back your credit card are:

1. Going to the credit bureau: There is no doubt about this. If the user’s credit card repayment is overdue, the credit bureau will naturally be listed, resulting in Personal credit defaults will leave a stain on the credit report.

2. Penalty interest: Like a loan, if you use a credit card overdue, you will be charged penalty interest. Generally speaking, it is charged at the rate of 10,000 yuan per day, and the compound interest calculation method is used. Over time, it will be a very large amount. Big expenditure.

3. Collection: In addition to the collection department of the bank, it is also likely to be outsourced to a third-party collection company. Various collection methods and frequent collection frequencies are a problem for the debtor himself and his relatives and friends. A huge "test".

4.: There are serious differences in overdue situations. If it is just a general overdue payment and is repaid after collection, then it is not a big problem. It only takes a period of time to collect the credit, but if it is overdue for more than 3 months, then the bank is likely to proceed. At that time, he will be listed as a dishonest person and become a defaulter, and it will be very troublesome to limit high consumption.

This is the end of the introduction about what to do if the credit card is not enough and what to do if the credit card is not enough? Have you found the information you need?