1. What if the credit card is unable to repay?

1. Repay the minimum repayment amount

(1) Every bank will set a minimum repayment amount for credit card holders. As long as the cardholder can repay this minimum amount, the bank will neither charge late fees nor affect personal credit.

(2) Generally speaking, this minimum repayment amount is 10% of the bill amount. In other words, if you spent 1 ,000 yuan last month and don't have enough money this month because of unemployment or other reasons, then you only need to pay 1 ,000 yuan more.

(3) However, it should be noted that if the minimum repayment amount is selected, there is no late payment fee, but the daily interest of 0.5% is charged, which is quite enough. Therefore, the borrower had better pay all the bills as soon as possible.

2. Actively negotiate with banks.

(1) If the cardholder can't even pay the minimum repayment amount 10%, then don't choose to run, that is, change the address and mobile phone, so that the bank can't be contacted.

(2) It is necessary to know that from the day the cardholder handles the credit card, the cardholder's personal data and credit situation will be recorded in the central bank's credit information system. No matter where he goes in the future, as long as he deals with the bank and pays all the things that need real names, such as water, electricity and media fees, the bank can find the cardholder.

(3) If your credit record is smeared, it will be difficult to obtain the approval of bank loans and credit cards in the future, which may even affect your future employment.

Second, will the credit card take the initiative to cancel the account when it is overdue?

No, after the credit card is paid off overdue, the bank will not take the initiative to cancel the account, and the cardholder needs to take the initiative to apply for cancellation.

If the cardholder wants to cancel the card or account, he needs to call the bank's credit card hotline first, and then apply for cancellation of the card. Cardholders can also choose to go offline and bring their ID cards to the counter for credit card cancellation, and then the relevant staff will verify the personal information of the borrower.

After the credit card is overdue, the bank will collect the cardholder. After the cardholder pays off the bill, if the cardholder does not take the initiative to cancel the card or account, the bank will default to the cardholder's continued use of the card. The validity period of the card is generally about 3 years. After 3 years, the bank will default the cardholder to continue to use the card, and then issue a new card to the cardholder.

Credit card refers to various media that record the relevant information of the cardholder's account, have the function of bank credit line and overdraft, and provide relevant banking services for the cardholder. Compared with ordinary bank savings cards, the most convenient way to use credit cards is for ordinary consumption, and there is no cash in the cards. In many cases, it is enough to return the consumption amount on time.

Credit card overdue can use the minimum repayment function. In this case, the bank will not take the initiative to cancel the account, but the cardholder can apply for cancellation. Credit cards cannot be used for a long time, but they can be renewed free of charge. One month before the expiration of the credit card, the issuing bank will inform the cardholder. If the cardholder agrees to renew the card, he needs to indicate his intention to the bank, and the bank will mail the credit card after receiving the application.