How to solve the debt of more than 100,000 on a credit card?

If you owe more than 100,000 yuan on a credit card, you must pay it back. In order not to bring additional repayment pressure to yourself, you must maintain your personal credit record and avoid overdue payments. You can choose installments or minimum payment. If you don’t have enough money, try to borrow from relatives and friends, and work hard to make money to repay the debt.

If you have special difficulties, such as unemployment, serious illness, or disability, you can contact the bank to negotiate repayment. The maximum repayment period can be up to 5 years.

Never apply for a loan or use a card to maintain a credit card. This will only increase the debt pressure of the cardholder, and may also be blacklisted by the bank, which will affect the credit report.

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Will you go to jail if you owe more than 100,000 on a credit card?

1. Yes. If the credit card is not repaid, the cardholder will no longer enjoy the interest-free period of the credit card. Interest will be charged at 0.05% per day starting from the day of consumption. Compound interest will be calculated on a monthly basis. An arrears of tens of thousands of yuan will be deducted in a few days. Thousands of dollars of interest are generated, and the longer the period, the higher the interest.

2. If the credit card is not repaid in time after the interest-free period, the bank will charge a late payment fee to the credit card holder. The late payment fee is 5% of the unpaid portion of the minimum repayment amount. After a certain period of time, the bank will charge Charge cardholders higher penalty rates.

3. Personal credit stain. As long as you have applied for a credit card or a loan, you will know how important your personal credit record is. Once your credit record is stained, it will be difficult to apply for a credit card. This is not the most troublesome, the worst thing is If you want to buy a house in the future, if you have a tainted credit, the loan amount of the mortgage loan will be smaller than others, and the interest rate will be higher than others. If it is seriously overdue, the bank will not lend to you even if you want to pay more interest rates.

4. The credit card has been suspended. If the credit card is not repaid, the bank will withdraw the revolving credit granted to the cardholder and the credit card will be suspended. For repeated defaults on repayments, or long-term defaults on large amounts, the bank will consider the cardholder to have a higher risk of repayment, and will stop using the credit card and pursue the debt from the cardholder. If a bank pursues a credit card debt and still fails to repay it, the bank may apply to auction the cardholder's other fixed assets.

5. Those who maliciously owe money will be sentenced. If the credit card balance is not repaid for more than three months, it will be regarded as a "malicious overdraft", and the bank can initiate judicial proceedings. my country's criminal law stipulates: If a credit card overdraft exceeds 5,000 yuan, the debt is in arrears for more than 3 months, and the bank refuses to repay it after being called for more than 3 times, the judicial authorities will take corresponding measures (sentence for more than 5,000 yuan; criminal detention for less than 5,000 yuan) .

Introduction to credit card classification;

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

2. Non-bank cards. 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 should I do if I owe more than 100,000 yuan on my credit card and can’t pay it back?

01

If you owe more than 100,000 yuan on a credit card and cannot repay it, it is recommended that the customer proactively contact the customer service of the card-issuing bank to explain the situation, inform the other party that they do not have the ability to repay, and then express their enthusiasm for repayment. If you are willing, try to apply for extending the repayment period, repay the debt in installments, and you can try to apply for suspension of interest payments.

In recent years, with the widespread popularity of credit cards, people who work and live in cities must have more or less credit cards. However, with the increasing number of credit cards, people’s consumption desire is also expanding. Therefore, some people who cannot control themselves will owe credit cards, and when it is time to repay the debt, they find that they are unable to repay it at all.

If you owe more than 100,000 yuan on a credit card and cannot afford to repay it, you are advised to contact the customer service of the card-issuing bank to explain the situation, inform the other party that you do not have the ability to repay, express your willingness to actively repay, and try to apply for an extension of repayment. The payment deadline, installment payment, and you can try to apply for suspension of interest payments.

As long as the customer does not intentionally fail to repay the loan overdue, the bank will generally consider it appropriately. If the bank finally agrees, then after the customer and the bank have discussed the new repayment plan, they can repay the loan in installments on time every month according to the new repayment plan. If you don’t have enough money on hand, you can also try to borrow money from close family and friends to repay it.

Everyone needs to be careful not to evade repayment directly. Otherwise, once the overdue time is long, the bank will probably ++ the customer. If the customer still refuses to repay after the ++ judgment, the bank will It is possible that ++ will be included in the list of dishonest persons subject to execution. Even if the customer cannot repay the loan at the moment, he can still pay it off bit by bit first. This will let the bank know that he is sincere in repaying the loan, which will be helpful in applying for an extension later.

What should I do if I owe more than 100,000 yuan on a credit card and I really can’t repay it?

When I can’t repay the credit card, I can first negotiate with the bank where the overdraft card is located to repay, extend the repayment period, and explain what I owe. The payment is not intentional and indicates a willingness to repay. Explain the reasons and provide proof of inability to repay, such as salary slips, unemployment certificates, etc., to prove that you have to apply for an extension of repayment. If the bank agrees, the debt can be paid off gradually according to the amount specified by the bank.

If the negotiation fails, or the loan cannot be repaid after an extension, the consequences will be serious. Not only will overdue penalties be incurred, but it will also leave a bad record on your personal credit record. Later in life, you may not be able to apply for loans from other banks or other lending institutions.

The important thing is, never fail to repay the loan. Even if you can't pay it off for a while, you can still pay back a little bit. Because the bank sees that the cardholder has long-term non-payment of debt, it is very likely that the bank will file a lawsuit against the cardholder.

If the principal amount owed reaches more than 10,000 yuan and is still not repaid for more than 3 months after two collections by the card-issuing bank, the lending institution will collect the due loan in accordance with the law. According to the loan contract, Will report to ++++.

If the overdue payment is malicious, it will be considered a "malicious overdraft" under the criminal law, suspected of credit card++ crime, and will be subject to legal sanctions. The guarantor is responsible for repaying the debt if the debtor is unable to repay.

Are there many people who owe hundreds of thousands to credit cards?

There are not many people who owe hundreds of thousands to credit cards, because there are too few people with credit card limits of hundreds of thousands, and credit cards are almost If you owe tens of thousands, the amount will be reduced.

What should I do if I have a credit card overdraft of hundreds of thousands?

There are only two ways

First, find a stable job and pay it back slowly;

Second, run away and disappear from the world (least of all) It’s a reliable method, but many people are using it);

If you don’t have the ability to make money, it’s better not to squander it so much. It’s not bad to live an honest life without asking for much wealth, to live a stable life and have a happy family;

I have worked in a bank for many years, and my work also involved credit card management. Also, I have used credit cards myself. Regarding the question of what a cardholder (hereinafter referred to as the "debtor") should do if he owes hundreds of thousands for a credit card overdraft, based on my own experience, I believe that you should try your best to do the following points to get rid of debt pressure as soon as possible.

1. The best solution is of course for the debtor to try to find a stable job or have a stable source of income, ensure stable income, ensure repayment on time, and ensure that it is not overdue.

1. Ensure stable income

Of course, it is difficult to find a job during the 2020 epidemic. Otherwise, the debtor will not have a credit card overdraft. This trouble is worth 100,000 yuan. But "Knowing that there are tigers in the mountains, prefer to travel to the tigers in the mountains." I also know that it is difficult to do, but I still propose this solution. I also hope that the debtor in trouble can have a good life. It is a good wish.

2. Suggestions on how to ensure stable income

How to ensure stable income during the epidemic?

My personal suggestions: First, don’t resign if you can. There are also recruitments now, but there are more job seekers. Second, log in to talent websites such as 58.com and 51job and submit more resumes to increase the chances of interviews. Third, your mentality must be adjusted. Faced with the reality that the epidemic has more or less affected the economy, you should appropriately lower your high expectations for salary and position when applying for a job, so as to increase your chances of success in applying for a job. Fourth, if it is difficult to find a better job due to low academic qualifications or other unfavorable factors, you may wish to try express delivery, food delivery and other industries to tide over the difficulties and keep the green hills intact without fear of running out of firewood.

Fifth, if you have entrepreneurial friends that you recognize, it is not a bad idea to try to start a business under risk control, but the risks must be managed well.

3. Repay in batches

If your income is stable or there is a certain income surplus, try to tighten your belt. If you have to pay off hundreds of thousands of credit card debts at once, , try to repay in installments. After all, once a credit card is overdue, the debtor is likely to be on the credit blacklist. Please note that with the continuous development of my country's economy and society, "credit" is also a very important asset for citizens. If the "credit" is damaged, it may cause unexpected losses to the "credit person", such as bank loans, credit reports for house purchases, etc.

2. Debtors should understand that when the credit card is overdue or before it is overdue, the cardholder has the right to negotiate with the bank platform to delay repayment. The maximum period of delayed repayment is 5 years. This is a "life-saving charm" for debtors to avoid overdue payments. You must know that "overdue payments" will be reported to the credit reporting system, so do not be overdue. It would be sad if you don't know how to use this "life-saving charm".

1. Legal provisions

Article 70 of the China Banking Regulatory Commission's "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks" stipulates that "under special circumstances, it is confirmed that the amount owed by a credit card exceeds the amount owed by the cardholder." If the cardholder has the ability to repay the card and is still willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum period of the personalized installment repayment agreement shall not exceed 5 years. The contents of the installment repayment agreement shall at least include: (1) The balance, structure, and currency of the debt; (2) The repayment cycle, method, currency, date, and amount of each installment; (3) Whether the repayment period is calculated Collect annual fees, interest and other fees; (4) The cardholder shall not apply for a credit card from any bank before all the amounts related to the personalized installment agreement have been settled; (5) The rights, obligations and liability for breach of contract of both parties ; (6) Other matters related to repayment."

2. Debtors must pay attention to delayed credit card repayments

It can be seen that according to relevant laws and regulations, under special circumstances, it is confirmed that the amount of credit card debt exceeds the cardholder's repayment ability, and If the cardholder is still willing to repay, the card issuer can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. For cardholders, this is a great thing. Debtors must pay attention to late payment on credit cards.

3. When your credit card is not overdue or is about to be overdue, take the initiative to contact the bank's credit card center and the post-loan department of the online loan platform for negotiation, state your financial difficulties, and negotiate to apply for delayed repayment and interest discounts . Human hearts are made of flesh, and everyone will encounter difficulties. This stage is the best time to negotiate for delayed repayment, with the highest probability of success.

4. Shortly after the credit card is overdue, within three months, when the card-issuing bank internally collects debts, do not deliberately avoid or passively deal with it, but should repeatedly make demands for negotiation with the bank and the online loan platform, and if necessary, They provide some real evidence of financial difficulties, such as medical invoices of family members, salary certificates (to prove that wages are relatively low), labor contract termination certificates (to prove unemployment and reduced income), and house purchase contracts (to prove that they have mortgage debt and are under great financial pressure) , family household registration booklet with household registration information of parents and children (to prove that you have elderly people to support, children to support, and great pressure), etc. Don’t let the creditor judge that you are overdue with malicious intent, otherwise you will definitely not be able to negotiate for repayment. possible. Of course, it is generally difficult to negotiate with third-party debt collectors appointed by banks. Third-party debt collectors rely on performance commissions, and their hearts are quite ruthless. Of course, people also have to make money to support their families, so there is nothing wrong with that.

5. Don’t deliberately avoid collection methods such as phone calls from the card-issuing bank, and don’t have a bad attitude when answering the phone. Show your willingness to repay, complain more, and talk more about the current difficulties, such as the impact of the epidemic. Do not give the bank an excuse to maliciously overdue the payment.

6. Fight a "protracted negotiation" with the bank and don't give up easily. If the bank always rejects applications for delayed repayment, you can try to call or write to the China Banking Regulatory Commission to report the situation, put pressure on the creditor, and let the creditor know that the debtor is indeed in financial difficulty.

7. Finally, I wish the debtors who owe hundreds of thousands of credit card debts can get out of the credit card debt dilemma. I wish all credit card holders in the world can make money, not be overdue, and face all difficulties with strength. , happy life.

This problem is serious.

If you overdraft hundreds of thousands of dollars on your credit card and you don’t owe it for buying a house or adding assets, it only means that you are a spendthrift person. At the same time, it also shows that your income is extremely low and cannot keep up with the speed of your spending.

1. Immediately change your consumption habits, prevent lavish spending, be frugal and simple, tighten your belt, and prepare to live a hard life for a while.

2. Find a job immediately, with an average salary that can repay the bank installments. If you can't find such a job, then your appearance on the list will make your future life even more difficult.

Before you pay off your credit card debt, talking about starting a business or doing business to pay back money is nonsense!

3. Borrow money from parents, relatives, friends, brothers, etc. to pay off the bank's credit card debt, and make money to pay back the money later.

Maybe it will be difficult to borrow money, which will make you feel the pain of borrowing money and the contrast with the pleasure of spending money, and encourage you to change in the future not to spend money randomly. Formation of habits conducive to thrift.

4. Credit cards give us endless convenience in consumption, but we must have a clear mind, act within our capabilities, and not spend ahead of schedule. This is the correct way to treat credit cards.

The above is my answer, I hope it is helpful to you, thank you!

Pay back the money

1. Clarify the total amount and structure of credit card debt

First of all, you must clarify the total amount and debt structure of your credit card debt, the so-called credit card debt Structure refers to the proportion of liabilities accounted for by credit card fixed limits, temporary limits, bill installments, and cash installments.

To give a specific example, Little A has a credit card debt of 100,000, of which the fixed limit of the credit card may be only 60,000, the temporary limit is 20,000, and the cash installment beyond the limit is 20,000.

After clarifying the credit card debt structure, the most suitable repayment plan can be formulated.

2. Develop a reasonable credit card repayment plan

We all know that there are mainly these types of credit card repayment methods: minimum repayment, full repayment, and bill installment repayment. .

I do not advocate minimum repayment. The cost of this method is quite high. If you owe 100,000 yuan on a credit card and repay the minimum amount, the monthly interest will be around 1,500 yuan. In the long run, the burden will be heavy. , and cardholders with lower monthly wages simply can’t pay it off! Only as a last resort should you use the minimum repayment amount to avoid overdue payments.

As for bill repayment in installments, the cost of this method is almost half lower than the minimum repayment, but the pressure is not less. If you owe 100,000 yuan on a credit card and repay it in 24 installments, you need to repay nearly 5,000 yuan of principal + handling fee every month. Under normal circumstances, the cardholder is required to have a monthly income of not less than 8,000 yuan, and it will take 2 years. Baba’s Day.

The best repayment method is of course to repay in full. You can enjoy the interest-free period and avoid high interest, and the cost is the lowest. Some people may say, if you have no money, how can you still repay the loan in full? This requires the cardholder to have a certain amount of liquidity and be able to afford the monthly cost. If the credit card owes 100,000 yuan, the monthly cost is 600-700 yuan. However, this method is only for maintenance and minimizing costs. During this period, we still have to find ways to repay the principal more, otherwise we will continue to maintain it for 5 or 10 years? That's like walking with a big rock on your back. If something goes wrong one day, you'll be in trouble.

3. Control consumption to avoid the expansion of debt

Some people owe credit card debt because of reckless consumption, while some people make losses due to speculation. No matter what the reason is, they are trying to find ways to pay back the debt. When you make a payment, you must stop all card-using behaviors that increase your credit card debt. This is like trying to fill a pool with water, but digging a hole in the pool to release water. This will never be repaid.

After many people owe a certain amount on their credit cards, they simply don’t have the ability to repay it. So don’t be embarrassed to seek help from family and friends as soon as possible. In order to pay off their credit cards, some people borrow small loans to pay for their debts. The interest rates are getting higher and higher, and the scale of their debts is also expanding.

In fact, the debt at the beginning may be easier for the family to solve. Because I am embarrassed or dare not talk to my family, I use wrong methods to delay it. In the end, when the debt reaches hundreds of thousands, I still have to be involved. Will my family sell their house and pay off the debt? Wouldn't that be a bigger mistake?

Hurry up and make up the money with your friends and relatives! Otherwise, you won’t be able to pay off the interest by then, or you can borrow money from the bank to make up for it! The relative interest rate of a loan is not as high as that of a credit card! And your number is not small!

First of all, when you determine that you cannot repay your credit card as scheduled, you need to contact the bank's credit card center before the minimum repayment date, and then use manual services to tell the bank the reasons why you cannot repay the credit card as scheduled, and also express You have the desire to repay the loan, but you are currently unable to do so!

The bank is not unkind and will not quarrel with you. The bank wants to take back the money! When the bank understands your situation, it will develop a repayment plan for you over several years based on your situation. According to the agreement, you only need to pay a small amount every month. Of course, this also has interest, but the repayment amount is much less. , after you sign the agreement, you need to repay it on time according to the agreement. Although it can be divided into several years, as long as you repay it on time, it will have no impact on your personal credit report!

Finally, don’t take any chances if you owe money, because banks will not ignore large sums of money. As long as you are determined, repayment will only take a few years. Don’t do anything that will affect your credit. If you don’t have credit, it will be difficult to do anything in your future life! This article is just a warning to everyone, do it and cherish it!

First of all, find a job in a down-to-earth manner, with a stable income, and then pay it back slowly. If the income from the main job is not enough, then add a side job. Nowadays, most people work both as a main job and as a part-time job. 1-2 side jobs.

If you are unable to repay, you can coordinate with the bank to reach the conditions under which you can repay:

According to Article 70 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks" Under special circumstances, if it is confirmed that the amount owed on a credit card exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement shall not exceed 5 years. The content of the personalized installment repayment agreement should at least include:

1. Arrears balance, structure, currency;

2. Repayment cycle, method, currency, date and The repayment amount of each period;

3. Whether annual fees, interest and other fees will be charged during the repayment period;

4. The cardholder’s payment related to the personalized installment repayment agreement You are not allowed to apply for a credit card commitment from any bank before it is fully settled;

5. Rights, obligations and liability for breach of contract of both parties;

6. Other matters related to repayment. If both parties reach an agreement and sign an installment repayment agreement, the card-issuing bank and its card-issuing business service agency shall stop collections from the cardholder, unless the cardholder fails to fulfill the installment repayment agreement. If an oral repayment agreement is reached, the card-issuing bank must retain the recording materials. The recording data will be retained at least until the date of settlement of the debt.

Summary: Credit cards can really solve the urgent need when money is urgently needed, but now many years of age have long ignored it. The name of the United States and Chongqing is "If you don't go crazy, you will get old", which leads to Excessive overdraft in advance, but never thought about the series of consequences that excessive overdraft consumption will bring.

This investment amount is a bit large.

If it is a large amount of consumption, such as a car loan or a house loan,

then you can repay it during the interest-free period. Pay back the amount before the due date.

Avoid overdue payment, which may cause bad effects on your credit report.

If the payment is overdue continuously and the amount is large, it will be determined as ++, which is very serious.

A credit card overdraft is a malicious overdraft, and failure to repay it for more than three months constitutes a credit card++ crime.

Credit card++ crimes and ++ crimes fall under one of the following circumstances: if the amount is relatively large, credit card++ activities are carried out, he shall be sentenced to not more than five years ++++ or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; the amount If the amount is huge or there are other serious circumstances, the sentence shall be not less than five years but not more than ten years++++, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances, the sentence shall be not less than ten years++++ ++ or ++++, and be subject to a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscation: (1) Using a forged credit card, or using a credit card fraudulently obtained with false identity certificate; (2) Using an invalidated credit card (3) fraudulently using other people’s credit cards; (4) malicious overdrafts. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession and failing to return the card after being called upon by the card-issuing bank. ++Anyone who uses a credit card at the same time shall be convicted and punished in accordance with the provisions of Article 264 of this Law. ”

That’s it for the introduction of credit card debt of hundreds of thousands.