1. What to do if the credit card cannot be repaid

1. Pay the minimum repayment. Credit card bills will have a minimum repayment amount. Cardholders can repay the minimum repayment amount first, but the unpaid portion will accrue a certain amount of interest.

2. Apply for installment repayment. If there is no money to pay off the debt in one go, the cardholder can apply for installment repayment from the bank, which can be done by calling customer service directly. The appropriate number of installments can be determined according to one's repayment ability to avoid overdue repayment and affect personal credit. .

3. Apply for deferment of repayment. If you still can't pay after applying for installments, you can also explain your situation to the bank and apply for a deferral of repayment. After the application is successful, use the extended repayment time to quickly collect money and repay the loan.

2. How to negotiate if the credit card is unable to repay

First, the cardholder can directly call the hotline of the card-issuing bank to explain his or her situation and then negotiate with it. Generally, there will be a hotline marked on the credit card. After the call is answered, you must clearly explain the reasons for not paying the debt, and then provide relevant supporting materials according to the bank's requirements.

The bank will review the submitted certification materials. After passing the review, the cardholder can submit an application for negotiated repayment to the bank and formulate a repayment plan that suits him. After that, the cardholder only needs to You just need to repay the loan on time according to the negotiated content, and don't make it overdue.

3. Will you go to jail if you are unable to repay your credit card?

It is not certain whether you will go to jail. The following are the criteria for going to jail:

1. Credit card debt If the amount of the debt is more than 10,000 yuan but less than 100,000 yuan, he shall be sentenced to fixed-term imprisonment of not more than five years and fined within 20,000 to 200,000 yuan;

2. The amount of arrears is more than 100,000 yuan but less than 1 million yuan If there are other serious circumstances, the person shall be sentenced to five to ten years in prison and fined within RMB 50,000 to RMB 500,000;

3. The amount owed is more than RMB 1 million, or there are other particularly serious circumstances If the circumstances are serious, the offender shall be sentenced to fixed-term imprisonment of not less than ten years or even life imprisonment, and a fine of not more than RMB 50,000 to RMB 500,000, or property confiscation.

The above are the relevant answers to questions such as what to do if the credit card cannot be repaid and how to negotiate the inability to repay the credit card. I hope it can help everyone

If there are still unclear or new situations, It is recommended that you call directly for free consultation so that you can understand the communication case situation and provide you with detailed and targeted answers to avoid incorrect answers due to incomplete information and poor communication.