1. Bank credit card interest suspension and account suspension process

After the credit card becomes overdue, if the customer wants to apply for interest suspension and account suspension, he can directly call the service hotline of the card-issuing bank. Customer service staff can submit an application.

However, the bank will not agree directly and requires the customer to negotiate. During the negotiation process, be careful to explain clearly to the bank your temporary inability to repay, indicating that you did not intentionally overdue the loan. Also, it is best to provide certain information to support it, and then express your willingness to actively repay, so that the bank will consider it as appropriate.

In addition to applying for a suspension of interest rates, customers can also try to apply for an extension of the repayment period and repay the debt in installments. If the bank finally agrees, it will not try to interest again after the debt is owed. As for the interest incurred before and the principal of the debt, the customer only needs to repay it on time and in installments according to the newly negotiated repayment plan with the bank.

It is recommended that customers develop a good habit of repaying on time. If they find that they cannot repay on time, they can apply for bill installment or minimum repayment in advance before the repayment date to avoid overdue payments.

2. What consequences will you face if your credit card is overdue?

1. Overdue credit card penalties.

2. Overdue interest. After a user uses a credit card to overdraft, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If the cardholder repays overdue, all the expenses of the cardholder last month will no longer enjoy the bank's interest-free payment. treatment, and the recurring daily interest rate is as high as 0.5%, that is, the annual interest rate reaches 18%.

3. Bad credit record. Overdue credit card repayment records will enter the central bank's credit reporting system to generate a bad credit record.

4. Litigation costs. If the credit card is not repaid for more than three months, the bank will ask a lawyer to issue a lawyer's letter to the user and file a lawsuit in court. The litigation costs will be borne by the cardholder.

5. Criminal liability for malicious overdraft.

3. Common types of credit card fraud

1. Falsely claiming that you have won a big prize through text messages or phone calls, and asking you for your card number in the name of remittance needs, and then asking you Pay 20% income tax first and transfer it to the designated account.

2. Pretend to be a police officer from the Public Security Economic Investigation Department, falsely claiming that your credit card has been stolen and the suspect has been arrested, and asking you to report your card number and password to "public security officers."

4. Post "notices" to induce you to transfer money. Post a notice on the ATM machine such as "Bank system failure, please follow the following procedures, otherwise you will be responsible for the consequences." When you follow the prompts, the amount on the card will be transferred to the scammer.

5. Create the illusion that the credit card has been swallowed. First, they trick the ATM machine to prevent the card from being taken out, and then pretend to be a well-meaning person to remind you to re-enter your password. When your operation fails and you go to the bank business office to inquire, the "good Samaritan" will take the card away.

6. Install a micro camera and card reader on the ATM machine in advance. When you withdraw money from the ATM machine, the credit card information and password will be secretly recorded, and then your bank card will be cloned to withdraw money.

In special circumstances, you can click the consultation button on the right. The website provides professional lawyers to answer questions and help you solve your repayment problems so that you can return to your normal life.