1. It is useful to call the Banking Regulatory Bureau at 12378 to negotiate the repayment of the credit card.
The phone number 12378 is the phone number of the China Banking Regulatory Commission, which can help cardholders apply for installment negotiation with the bank.
Generally speaking, after a credit card is overdue, as long as the cardholder has the ability to repay, he will hope to reach an agreement with the bank to repay the installments, because after reaching an agreement, he can reduce his penalty and interest. By reducing the amount, your repayment pressure can also be alleviated. But negotiation is not easy, and many banks will refuse. At this time, we can call the China Banking Regulatory Commission for help.
The China Banking Regulatory Commission is equivalent to a supervisory department that supervises banks. It can help coordinate financial disputes so that cardholders and banks can reach consensus to resolve conflicts. However, the China Banking Regulatory Commission is not omnipotent and cannot solve all problems 100 times. 100% help cardholders achieve their goals. Therefore, calling 12378 may not completely solve the problem, but the staff of the China Banking Regulatory Commission will help coordinate. Generally speaking, banks will be willing to negotiate installments after coordination.
2. How to reduce or reduce overdue interest on credit cards
When applying for personalized installment, you can add a reduction application form to reduce or reduce overdue interest on credit cards.
After the credit card is overdue, as long as it is not a malicious default, it can be reduced. Failure to repay the credit card overdue is a breach of contract. The bank can require the cardholder to repay the principal as well as overdue interest, late payment fees, over-limit fees, etc. At the same time, the bank can apply to freeze the cardholder's card and classify it as a prohibited customer ( blacklist), sue the court and apply for enforcement. If a cardholder maliciously overdrafts a certain amount for the purpose of illegal possession, and the card is overdue by more than RMB 10,000, and the card-issuing bank has collected it twice and still fails to pay it back more than three months later, he will be suspected of credit card fraud and will bear criminal responsibility.
Overdue credit cards should generally be repaid in a timely manner. When a credit card is overdue, the bank will send text messages and phone calls to collect payment. It is best for cardholders not to resist. The bank will call and answer the call as soon as possible. Do not think that you can not answer the phone or change your number because you have no money to pay overdue. If the bank cannot be contacted, the bank will only think that the cardholder is maliciously avoiding debts and will call the cardholder's contact person.
It is useful for the Banking Regulatory Bureau to intervene in credit card overdue issues. Cardholders submit an application for reduction or exemption to the bank and explain their financial situation. With the bank's approval, the overdue interest on the credit card can be reduced or reduced. A credit card can only be obtained by applying to the bank. An overdue credit card will affect the cardholder's personal credit, incur late payment fees, and may result in lawsuits from the bank.
Legal basis:
Article 196 of the "Criminal Law of the People's Republic of China" Under any of the following circumstances, if credit card fraud is carried out and the amount is relatively large, If the amount is huge or there are other serious circumstances, the sentence is to be not less than five years but not more than 10 years of fixed-term imprisonment, and a fine of not less than 50,000 yuan but not more than 500,000 yuan. Anyone with a particularly huge fine or other particularly serious circumstances shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and a fine of not less than 50,000 yuan but not more than 500,000 yuan, or property confiscated: (1) Using a counterfeit credit card, or using a (2) Using an invalid credit card (3) Pretending to use another person's credit card (4) Malicious overdraft.
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.