It can be said that there are many people applying for credit cards. Many people's credit cards have been downgraded because of irregular use. Many people don't have enough repayment funds to repay after the credit card is reduced. What if the credit card is not reduced?

What if there is no repayment after credit card reduction?

1 minimum repayment amount

After the credit card is reduced or exempted, the cardholder can make the minimum repayment without being asked by the bank to pay in full at one time, and then simply solve the repayment problem and then find a way.

2 borrow money to repay

If the number of credit cards has not decreased, you can borrow money from relatives and friends to solve the repayment crisis first and ensure that the credit cards are not overdue. After this time, you can repay your relatives and friends.

3 apply for extension

You can call the customer service phone number of the credit card bank and apply to the bank for deferred repayment, indicating that you are short of repayment funds due to the sudden reduction of credit card, and hope the bank will agree.

It should be noted that the credit card downgrade is probably due to excessive personal debt, or the bank's risk control leads to irregular card use. If you want to avoid the situation that credit cards are not reduced, you must reduce personal debts and standardize the use of credit cards, otherwise it is easy to reduce credit cards.