What to do if you have no money to repay your credit card?

How to deal with the problem of having no money to repay your credit card:

1. Use the minimum repayment function. Every bank has a minimum repayment function. As long as the minimum repayment is paid, the bank will not charge late fees and will not affect your personal credit. However, interest will be charged for repaying the minimum, which is 50% interest per day. Therefore, as long as you repay the minimum, although the pressure will be reduced, compound interest will occur, which will be relatively troublesome, and it can only be used as a temporary delay.

2. Use the installment function. If you are under pressure to repay, you can directly apply for bill installments. Generally, banks provide 3, 6, 9, 12, 18, and 24 installments. You can choose the number of installments according to your repayment ability, so that you can Ease repayment pressure without affecting your credit.

3. Change the billing date to extend the repayment period. The billing time cannot be changed casually. Generally speaking, it can only be changed once every six months. Some banks change it once a year, and some banks can only change it once.

4. Take the initiative to explain the situation to the bank and negotiate. If you are indeed unable to repay for a period of time due to special circumstances such as work, you can take the initiative to call the bank and explain the reason. Prove that you are not malicious in refusing to repay, but there is indeed a reason. Discuss whether you can delay the repayment. Do not ignore the bank by changing your phone number. , this way my personal credit is gone, unless I will never deal with banks again.

The sentencing principles for suspected crimes of credit card theft are as follows:

1. Sentencing should be based on facts, the law as the criterion, and based on the facts of the crime, the nature and circumstances of the crime and the impact on society The degree of harm determines the penalty imposed.

2. When sentencing, we must consider not only the seriousness of the crime committed by the defendant, but also the extent of the defendant’s criminal responsibility, so that the crime and punishment are appropriate to achieve the purpose of punishment and crime prevention.

3. The criminal policy of balancing leniency with severity should be implemented in sentencing, so as to be lenient when necessary and strict when severe, to balance leniency and severity and to ensure the unity of the legal effect and social effect of the judgment.

4. Sentencing must objectively and comprehensively grasp the changes in economic and social development and public security situations in different regions at different times to ensure the realization of the tasks of the Criminal Law; for cases with similar or similar circumstances in the same region and during the same period, The penalty imposed should be basically balanced.

What should I do if I have no money to repay the credit card?

Legal analysis: Credit cards must be repaid in time. If you really don’t have the money, you can pay the minimum amount first. If you still have no money, it is recommended to ask your family for help. If you fail to repay your credit card on time, you will be legally responsible. First, high overdue interest will be incurred. Secondly, you will be called by the bank, and you will incur economic losses such as legal fees and attorney fees. Moreover, individuals will have a bad credit record, which will have an impact on future bank cards and loans.

Legal basis: Article 196 of the Criminal Law of the People's Republic of China and the People's Republic of China implements credit cards. If one of the following circumstances occurs and the amount is relatively large, he shall be sentenced to not more than five years or criminal detention, and shall also be sentenced to: A fine of not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, the penalty shall be not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other particularly serious circumstances who shall be punished with a fine of not less than 50,000 yuan but not more than 500,000 yuan, or whose property shall be confiscated:

(1) Using a forged credit card, or using a credit card fraudulently obtained with false identity certificates ;

(2) Using an invalid credit card;

(3) Pretending to use another person’s credit card;

(4) Malicious overdraft. The term "malicious overdraft" as mentioned in the preceding paragraph refers to the cardholder's behavior of overdrafting beyond the prescribed limit or time limit for the purpose of illegal possession and still not returning the card after being called upon by the card-issuing bank.

What should I do if I have no money on my credit card?

1. Choose the minimum repayment: Credit cards usually have a stipulated minimum repayment amount, but the remaining balance will be calculated at 0.5% per day. Charge interest fees in proportion;

2. Choose installment repayment: Banks usually prepare different installment repayment plans for users to choose from, but they will also charge certain fees;

3. Negotiate repayment: Contact the bank where the card was issued, explain the true situation to the bank, and negotiate a repayment plan;

4. Borrow money from relatives and friends to repay the money

1. Choose the minimum repayment: Credit cards usually have a stipulated minimum repayment amount, but the remaining balance will be charged interest at a rate of 0.5% per day;

2. Choose installment repayment: Banks usually Different installment repayment plans are prepared for users to choose, but certain fees will also be charged;

3. Negotiate repayment: Contact the bank where the card was issued, explain the real situation to the bank, and negotiate a repayment plan ;

4. Borrow money from relatives and friends and repay it

1. Choose the minimum repayment: Credit cards usually have a stipulated minimum repayment amount, but the remaining balance will be calculated as 10,000 points every day. Interest fees will be charged at a ratio of 5/5;

2. Choose installment repayment: Banks usually prepare different installment repayment plans for users to choose from, but they will also charge certain fees;

3. Negotiate repayment: Contact the bank where the card was issued, explain the true situation to the bank, and negotiate a repayment plan;

4. Borrow money from relatives and friends to repay the money

What to do if you have no money to pay off your credit card

1. All credit cards should have a minimum repayment amount. If you pay that back first, the bank will not take legal action against you, and it will not affect your credit in the future! ! Don't take any chances. 2. The easiest way is to borrow some from your friends and relatives. If there are not many friends who can borrow some money, then ask your boss to take your salary first and supply it to the bank first. However, the editor personally believes that it is better not to ask the boss to pay off the credit card first. This will cause a negative impact in front of the boss and may affect future promotion and development. 3. Summarize your credit card consumption situation every month and control your expenditures reasonably. For example, how much money was spent and where it was spent. Finally, have your own impression when paying back the credit card. 4. In order to pay off the credit card, find all the ways to make money and exchange it into RMB to pay the bank as soon as possible. The way to make money here refers to the way from formal channels. Never do anything illegal to pay off a credit card, as this will cause greater harm to yourself. 5. No one really borrows. If you have multiple credit cards, you can use another credit card for emergency purposes, and then return the money to the credit card that needs urgent repayment for a turnover. But remember, after repaying the loan, you must quickly make up the bill for the money that was taken away, so as to avoid the cycle of late repayments.

What should I do if I have no money to pay back my credit card? What are the emergency measures?

The repayment date of each month is a day worth remembering for debtors, because you have to pay back the money you spend. Credit card repayments must be timely, otherwise you will have a bad credit record and regret it. , in case you really cannot repay the loan in an emergency, we provide several emergency measures for your reference.

Method 1: Minimum repayment

If the full repayment cannot be made, then in order to avoid overdue payment, you can only pay the minimum repayment amount. The minimum repayment ratio of most banks is 10% of the bill. In other words, a bill of 10,000 yuan will not be recorded as overdue as long as 1,000 yuan is paid.

However, if you adopt the minimum repayment, you will not be able to enjoy the interest-free period. All consumption within the billing month will be subject to daily interest of 0.05%. If you only make the minimum payment every month, the interest will be very high in the long run. Therefore, this is a delaying tactic. Once opened, the loan must be repaid in full as soon as possible.

Method 2: Apply for installments

If you feel that the minimum repayment requires interest accrual is not cost-effective, you can also try to apply for bill installments. Divide the monthly bill into 6 or 12 installments for repayment. Although you need to pay a certain handling fee, it is interest-free, there is no risk of interest compounding, and there is no need to worry about overdue payments.

The method of applying for installment is also very simple. You can just call the bank customer service directly to apply.

Method 3: Find someone to repay it on your behalf

If you are very worried about the handling fees and interest, then the last solution is to find someone to repay it on your behalf.

There are many information and advertisements on the Internet about credit card repayments. Cardholders only need to pay part of the handling fee, and the other party can repay the credit card on their behalf. After repayment, the money can be swiped back to the POS machine designated by the other party. However, this method is very risky. First, if you don’t know the other party’s details, you can easily fall into a trap. Second, this approach is suspected of cashing out. Once investigated by the bank, the card will be reduced or suspended, or you may face criminal penalties. Do not try it!

Suggestion: In fact, to put it bluntly, just ask relatives and friends for help, pay off the credit card bill first, and then take the initiative to repay the borrower after opening it in the future. This will avoid overdue records and avoid the suspicion of cashing out. It is an emergency measure.

That’s it for the introduction of what to do with your credit card when you run out of money.