1. What to do if the credit card is overdue for RMB 20,000 and the court files a case

1. Repay the balance in full. If conditions permit, you must pay back the overdue late payment fees and corresponding interest on your credit card;

2. Negotiate and reconcile with the bank. If you really do not have the ability to repay, you can explain your actual situation clearly to the person in charge of the bank;

3. Cooperate with the lawsuit. There was no money to repay, and no settlement was reached with the bank. All that is waiting is litigation;

2. What to do if the credit card is overdue and requires full repayment

1. Fundraising for repayment

Overdue loans require full repayment If the cardholder is unable to repay the loan on his own, or cannot bear it on his own, he should quickly clarify it with his family to see if they can gather the strength of the whole family to pay off the loan. If your family's economic ability is not very good and they have no money to support themselves, you can encourage your family to borrow money from relatives and friends. The most important thing is to settle the loan as soon as possible, and don't worry about the shame of borrowing. Then I have to find a good job as soon as possible. Only when I have income can I pay back the money I owe my relatives and friends. It is already difficult for others to borrow money, but we still don’t have to be a person who borrows money and refuses to repay it. Remember, if you are planning to borrow money to repay your credit card through borrowing, you should stop, as this will easily make you fall into the bottom of debt and be unable to extricate yourself.

2. Negotiate repayment

The loan is overdue for a long time, and the interest on the loan is extremely high. Friends who cannot pay it off at once will not be able to borrow the money to repay or automatically Negotiate repayment with the financial institution. Negotiating repayment requires a good intention to repay. Therefore, even if the cardholder does not have the money to repay, he cannot avoid collection. Do not miss collection calls and must show his sincerity in repayment.

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