1. What if the credit card owes 300,000 yuan?

1. Minimum repayment amount: At present, banks generally have a minimum repayment amount. As long as the minimum repayment amount is paid before the deadline of the final repayment date, it has no impact on individuals, but it will charge five ten thousandths of interest every day;

2. Repayment by installment: You can apply for repayment by installment before the deadline of the final repayment date, and the installment fee will increase with the increase of the number of installments according to your repayment ability;

3. Change the billing date: the repayment date is extended by changing the billing date, but the billing date cannot be changed at any time, and each bank has different restrictions on the number of times to change the billing date. Some banks change the billing date twice a year, and some change it 1 time a year;

4. Negotiate with the bank: explain the situation with the bank, negotiate with it, and prove that you didn't intentionally fail to pay it back, and there is no reasonable reason for the time being.

Second, what will happen if the credit card is overdue?

1, high interest and liquidated damages

(1) If the credit card is not repaid, the cardholder will no longer enjoy the interest-free period of the credit card, and will charge five ten thousandths of interest every day from the date of consumption, and compound interest will be calculated monthly. If you owe tens of thousands of yuan in less than a few days, you will generate thousands of yuan of interest, and the longer the time, the higher the interest.

(2) If the credit card fails to repay in time after the interest-free period, the bank will charge the cardholder a penalty interest of 5% of the minimum repayment amount, and the bank will charge the cardholder a higher penalty interest after a certain period of time.

2. Personal credit stain

How important your personal credit record is, as long as you have applied for a credit card or loan, you will know. Once the credit history is tainted, it will be very difficult to apply for a credit card. This is not the most troublesome. Worst of all, if you want to buy a house with a credit stain in the future, the loan amount of a mortgage will be less than others' interest rate and higher than others' interest rate. If it is overdue, the bank will not lend.

3. The credit card has been stopped.

If the credit card is not repaid, the bank will withdraw the revolving credit given to the cardholder and the credit card will be deactivated. For those who owe money for many times or for a long time, the bank will think that the cardholder's repayment risk is high, and will stop using the credit card and recover the arrears from the cardholder. If the bank still can't repay the credit card debt, the bank can apply for auctioning other fixed assets of the cardholder.

4. Malicious arrears will be sentenced.

If the credit card is overdue for more than three months, it will be regarded as malicious overdraft and the bank can initiate judicial proceedings.

After using the credit card, if you find that you can't repay it in full, you can apply for the minimum repayment amount or installment repayment. As long as the repayment is made on time every month, there will be no overdue record. Once the credit card is overdue, the consequences will be very serious. First, it will cause overdue fees, and second, it may be sued by the bank.