What should I do if the credit card interest is too high?

1. Repayment through negotiation According to relevant laws and regulations, if the debt owed by the cardholder exceeds the repayment ability, it can be negotiated with the bank for repayment. If you want to negotiate repayment with the bank, the cardholder needs to express his willingness to repay to the bank first, so as to avoid letting the bank determine that the cardholder's arrears are malicious overdrafts. After that, the cardholder needs to prove his financial difficulties and then negotiate with the bank. The proof of financial difficulties can be issued by village committees, neighborhood committees and other places, and the seal or institutional signature has legal effect. With the proof of financial difficulties, the cardholder can take the initiative to contact the bank and ask for repayment through negotiation. The contents of negotiation in repayment are generally the repayment period, repayment method and repayment date. Cardholders can ask the bank to extend the repayment period and reduce the interest on arrears. It should be noted that the repayment period cannot exceed 5 years at the longest. In addition, we also need to note that negotiated repayment is not what the cardholder wants. The negotiated repayment plan needs to be negotiated between the bank and the cardholder, and a contract needs to be signed when both parties are satisfied before it can be implemented as an effective repayment plan.

2. Discuss with your family. If the cardholder can't get the proof of financial difficulties, he can also choose to ask his family or friends for help. Tell your friends and relatives about your difficulties, and then borrow a sum of money from them to pay off the clear bills and penalty interest. Never "support loans with loans".