What if the credit card is not paid

If the credit card is not paid, you can apply to the bank for minimum repayment or deferred repayment. If it is for the purpose of illegal possession, the overdraft amount reaches more than 1, yuan, and it is still not returned after more than 3 months of collection by the issuing bank, it is suspected of malicious overdraft. The cardholder can explain to the bank the willingness to repay, the fact that he has not paid the credit card debt for the time being and the plan for repayment in the future, and the general bank will give him a grace period.

according to article 7 of the measures for the supervision and administration of credit card business of commercial banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.

the credit card stipulated in the relevant laws of our country (the NPC Standing Committee's Interpretation of the Provisions on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal [1-2]. On December 1, 217, the Standard for English Translation and Writing in Public Service Field was officially implemented, stipulating that the English name of the CreditCard standard is Credit Card.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate, and the lower limit is .7 times of the daily interest rate).

On May 25th, 221, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

What should I do if the credit card is not paid?

The following measures can be taken if the credit card is not paid:

1. Borrow money from relatives and friends to repay: If you only encounter problems, you can temporarily pay off the arrears by borrowing money;

2. Apply to the bank for deferred repayment;

3. Apply to the bank for suspension of interest payments;

4. negotiate with the bank to reduce the repayment amount. If the negotiation fails, the bank can obtain a judicial reduction of the credit card debt. Card debt.

What should I do if my credit card is stolen?

What should I do if my credit card is stolen? First of all, I must notify the issuing bank immediately and report the loss of my credit card. You can immediately notify the bank that the credit card may be stolen by phone, and cooperate with the bank staff to report the loss and freeze the credit card; Or call the police. After notifying the bank, you should also call the police immediately to report the details of the stolen brush to the public security police. According to the requirements of the public security organ, go to the bank to print out the details of the credit card flow, and then go to the public security organ to report the case; At the same time, you should consult the bank customer service for the location of the nearest ATM, and immediately go there to operate the credit card through the ATM.

Legal basis: Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks

Credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders. Refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc., and it is stipulated that the English name of CreditCard is credit card.

What should I do if the credit card is not paid?

The best solution is to negotiate repayment with the bank. The content of negotiated repayment can be deferred repayment, interest reduction, etc. After receiving the application for negotiation, the bank will review it according to the specific situation of the user. After the approval, the user can negotiate successfully. If the audit fails, the user must pay off the overdue arrears as soon as possible.

Only when it is overdue can users negotiate with the bank, so it is better for users to repay on time before it is overdue.

1. Various situations of overdue credit card:

1. Many people will encounter the situation that the credit card is overdue, but it is repaid later

. In this case, it basically only affects the personal credit information system. Your overdue status will be recorded in the credit information system.

if the overdue time is not long, it will basically not affect the use of the card.

2. If the credit card is overdue, negotiate repayment with the credit card center

When the credit card is overdue, you will generally receive a phone call from the collection staff to remind you to repay the credit card. At present, credit cards can be repaid in installments. If there is a problem, you can negotiate repayment with the credit card center. This situation, like the first one, will affect personal credit information, but it will not cause particularly serious consequences.

3. Credit card center, mediation or enforcement

Some people in their lives are unable to pay back their credit cards because they are deeply in debt. At this time, the bank will file a lawsuit by passing the subpoena to the overdue user. During the litigation, the bank may also apply for property preservation, freeze the borrower's bank account, and seal up vehicles and other real estate.

4. The amount of repayment is huge

In this case, the bank may charge you with a crime and impose a sentence according to Article 196 of the Criminal Law for the crime of credit card.

second, the credit card is not yet available. The worst result is:

1. Credit reporting: There is no doubt that the overdue credit card repayment of users naturally leads to credit reporting at the meeting, which causes personal credit breach and leaves a stain record on the credit reporting.

2. Penalty interest: Like a loan, you will be charged a penalty interest if you use a credit card overdue. Generally speaking, it is charged at a daily rate of 15, yuan, and the compound interest calculation method is adopted. Over time, it will be a big expenditure.

3. Collection: In addition to collection by the collection department of the bank, it is likely to be outsourced to a third-party collection company. Various collection methods and frequent collection frequency are a huge "test" for the debtor himself and his relatives and friends.

4. The overdue situation will be different. If it is generally overdue and the repayment is made after collection, then the problem is not big. It is enough to keep the credit for a period of time. However, if it is overdue for more than 3 months, the bank is likely to carry out it, and then it will be listed as the person who has broken the trust and become an old-timer, so it will be very troublesome to limit high consumption.

let's stop talking about what to do if the credit card fails to repay.