Generally speaking, credit cards must be repaid as long as they have debts. However, if the annual fee is in arrears, it is possible to deduct dozens or hundreds of dollars every year, and it is impossible to pay interest and liquidated damages in time. You can roll the interest into hundreds or thousands, but you can't pay the unpaid annual fee unscrupulously. After all, the annual fee that has not been paid for many years may have become a bad debt in the credit investigation. If the cardholder wants to apply for auto loan, housing loan or credit card, 100% will be rejected. For those cardholders who want to repay but don't want to repay so much, it is suggested that they can directly negotiate with the bank to reduce the annual interest.

There are two ways to negotiate with the bank: telephone application and outlet handling, but no matter which way you choose, you must tell the bank the reason for not paying the annual fee. You should say that you didn't return it on purpose, but because of objective factors such as the change of mobile phone number, you didn't receive the notice of bank statement in time. After verification and consideration, bank employees may agree to reduce or waive the annual fee and only refund the principal of the annual fee.

In addition, after paying the annual fee, it should be noted that banks are required to cancel overdue records and resume credit investigation. If the bank agrees, the cardholder will file an objection application with the central bank and then modify the credit information. Generally speaking, the results will be available within 20 days. If you can't cancel it, there's nothing you can do. Banks can issue non-malicious certificates to prove that overdue mortgages have little impact on car loans.

: consequences:

1. Penalty interest. Failure to pay the annual fee on time will result in corresponding penalty interest. The annual credit card fee will be charged annually and paid once a year. If the cardholder's annual fee is overdue for a long time, the fine interest will be higher and higher.

It is very difficult to handle bank credit. Generally speaking, the annual credit card fee is also included in the cardholder's credit card bill. It will expire if you don't pay the annual fee. When the overdue record is left in the personal credit report, it will be more difficult for the cardholder to handle other credit business of the bank.

3. Affect the cardholder's credit. According to the relevant regulations of China Banking Regulatory Commission, if the cardholder defaults on the annual credit card fee, personal credit information will be affected accordingly. The longer the overdue time, the more serious the consequences.